Bloomberg News

Teva Drops to Lowest in Week, Closes Gap With U.S.-Traded ADRs

June 26, 2012

Teva Pharmaceutical Industries Ltd. (TEVA) declined to the lowest in almost a week, closing the gap with the U.S.-traded shares of the world’s largest generic drugmaker.

Shares of Teva declined 2.3 percent to 155.30 shekels, or the equivalent of $39.52, the weakest intraday level since June 21, at 10:19 a.m. in Tel Aviv. The American depositary receipts of Petach Tikva, Israel-based Teva closed at $39.72 yesterday.

To contact the reporter on this story: Shoshanna Solomon in Tel Aviv at

To contact the editor responsible for this story: Claudia Maedler at

Steve Ballmer, Power Forward
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