Its the largest generic drug maker in the world based out of Israel. About 17 major drugs are set to lose their patents till 2015 starting with next year allowing companies like TEVA to have generic versions of those drugs. The upside is a lot to this company..and they have their own R&D wing now too..with a few of their own drugs in the pipeline..but generics is the future..as economy tanks and more babyboomers get old and get sick..demand for generic drugs will only go up..
TEVA is my recommended stock for 2012. The current price as of Dec 2011 is about $40/share.
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