Teva Pharm unlikely to succeed in offers to co-produce vaccines -CEO By Reuters

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© Reuters. FILE PHOTO: The brand of Teva Pharmaceutical Industries is seen throughout a information convention in Tel Aviv

JERUSALEM (Reuters) – Israel’s Teva Pharmaceutical Industries (NYSE:) isn’t prone to attain offers with COVID vaccine makers to co-produce the vaccines though discussions are nonetheless ongoing, chief government Kare Schultz advised Reuters.

Schultz mentioned Teva — the world’s largest generic drugmaker — provided to co-produce the vaccines in each Israel and Europe, the place the corporate has capability, to assist with international provide.

“However we have not been capable of attain a agency settlement with any firm,” he mentioned. “It isn’t for our lack of eager to do it however the important thing gamers which have really been profitable in growing the vaccines which have come to the market have discovered different companions or their very own inside capability.”

He didn’t title the businesses.

“It is in all probability just about achieved (however) we won’t rule it out,” Schultz mentioned. “We’re nonetheless in dialogue with among the corporations, and we’re nonetheless keen to do it if we may also help.”

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