Daily Roundup / Teva loses appetite for Philly stake
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No Philly hub for Teva: Teva Pharmaceutical Industries has spiked plans to build a distribution hub in Philadelphia, the Israeli pharma giant said on Tuesday. The center was going to be a monster, with 3 buildings totaling 100,000 square meters in area and 200 employees. But the company is restructuring its operations under Carlo di Notaristefani, head of Global Operations, aiming to save up to...
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