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2012. Teva overview. Teva in a Glance. No. 1 global generic company A Top 15 global pharmaceutical company Producing 71 Billion tablets and capsules a year Operating in 60 countries Manufacturing in 74 production sites Distributing products to over 120 markets
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2012 Teva overview
Teva in a Glance No. 1global generic company A Top 15 global pharmaceutical company Producing 71 Billion tablets and capsules a year Operating in 60 countries Manufacturing in 74production sites Distributing products to over 120markets Employs46,000 people worldwide** Investing $80 million in environmental projects Presenting a global product portfolio of 1,300 molecules Featuring $18.3billion in sales and $4.4billion in net income* * Non GAAP, as for Dec. 2011 ** Employees as of Dec. 2011
Starting out at 1901 in Jerusalem • Established by 3 young pharmacists selling drugs in a small store
More than a century later… • We are among the top 15 pharmaceutical companies and the world leader in Generics
Our Operations • 71 Billion tablets and capsules - 74 production sites - 34 R&D centers
1.6 Global leadership - Keeping the gap 2011 Global Peer Group Sales $18.3 B $9.5 B $5.6 B $3.7 B $2.2 B $2.1 B $1.7 B Source: First Call and Company filings
Top Global Markets US No. 1 with ~18% market share in world’s largest market Germany No. 1 with ~22% market share Japan No. 3 with ~11% market share Russia No. 1 with ~10.5% generic market share No. 4 in overall Russian Pharma Market Canada No.1 with ~25% market share
Strong Growth Track Record Sales Net income* Operations Plants** Employees** Market cap** $BN $Mil Countries Numbers Thousand $BN 46 39 18.3 4,438 60 56 30 21 18 8.7 9.6 1.7 6 2.5 148 0.3 0.3 19 1990 2000 2011 1990 2000 2011 1990 2000 2011 1990 2000 2011 1990 2000 2011 1990 2000 2011 *2011 Net income - Non-GAAP ** Market cap, Employees and Plants as of Dec 31st 2011
Strong M&A track record Strong M&A track record Index, 1995=100 CAGR of 21.5% CAGR of 30% CoGenesys Sales Net income* Infarmassa US / biopharma Peru Bentley ratiopharm Theramex Spain Europe Europe- WH Barr Tayio & TK Sicor Pharmachemie Global Japan Global Netherlands Cephalon Medilac (50%) JK USA Turkey APS / Berk India / API PGT Ivax UK Global Global Biocraft Novopharm HPFC US Canada, Hungary Italy Bayer Classics Copley Dorom Biogal France US Italy Hungary Pharbil ICI Netherlands Italy * Non GAAP
Financial Growth • More then 10 years of 2 digits growth in sales every year * Operating income and net income are non-GAAP results
Diversifying Our Geographies Sales 2011 = $18.3BN Sales 2010 = $16.1BN 14% International 21% International 48% North America 62% North America 24% Europe 31% Europe
Diversifying Our Business GENERICS Ratiopharm: GX #1 in Europe EMIAorganic growth: 14% driven primarily by Russia Latin America organic growth: 15% Taiyo: A leading player in Japan Infarmasa: expansion in Latin America BRANDED Multi Faceted Business Progress on all fronts Cephalon: diversification of our branded business Theramex: global expansion of our women’s health platform OTC JV with P&G: leverage value in existing OTC business Biologics Pipelinecreated JV with Lonza Ratiopharmknow how and products
Still Room for Growth in Generics? $135-150 BN in 2015 GROWTH GROWTH GROWTH GROWTH Increasing opportunities in emerging generics markets People livinglonger and consuming more drugs Healthcare reforms and cost saving initiatives $150bn of brands going off-patentin the next5 years
Teva Branded - Multifaceted approach & expertise 2010 Revenue: $4.9B 2012 Revenue: $8.2B (Estimated) 2011 Revenue: $6.5B • Biosimilars • Women’s Health • CNS • Biosimilars • Women’s Health • Copaxone Azilect • Respiratory • Oncology • Respiratory • New Product Licensing • InnovativePipeline • Pain • Innovative Pipeline • New Product Licensing 2015 2010
The Future of Consumer Health Care Coming Together To Lead The Consumer Health Care Industry
Teva Israel and Shoham logistic center • 12 sites in Israel, producing 30% of Teva’s production in the world
Grow with the best – Teva’s workforce • 7,150 employees - adding 4,300 people to workforce in 10 Years
Kfar Sava new R&D center • More than 850 generic and innovative R&D staff In Israel