Just over a year ago, Teva closed a case with US authorities by agreeing to pay a $519 million fine for bribing officials in Mexico, Russia and Ukraine. Teva has now agreed to a pay fine in the location of its headquarters, Israel, but it will be significantly lower compared to the US’ fine, amounting to just $22.1 million.
The payment of the fine to Israeli authorities means that the case against Teva is now resolved. The company will be glad to be able to put this particularly dark part of its past away to concentrate on rebuilding the business.
