---

---

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

---

FORM 6-K

---

Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16
under the Securities Exchange Act of 1934

For the month of February, 2015

Commission File Number 001-16174

---

TEVA PHARMACEUTICAL INDUSTRIES
LIMITED
(Translation of registrants name into English)

---

5 Basel Street, P.O. Box 3190
Petach Tikva 4951033 Israel
(Address of principal executive offices)

---

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): �

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): �

---

---

CONTENTS

�This Report on Form 6-K consists of the following document, which is attached hereto and incorporated by reference herein:

99.1�������������������������������������������Press Release: Teva Reports Fourth Quarter and Full Year 2014 Results

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

2

Exhibit 99.1

Teva Reports Fourth Quarter and Full Year 2014 Results

• Fourth quarter 2014 revenues of $5.2 billion and full year revenues of $20.3 billion. Excluding the impact of the divestment of the U.S. OTC plants and of foreign exchange fluctuations, both fourth quarter and full year revenues grew 2% organically.
• Fourth quarter 2014 non-GAAP operating income of $1.5 billion, up 10% from the fourth quarter of 2013. GAAP operating income of $0.9 billion, up 68%.
• Full year 2014 non-GAAP operating income of $5.7 billion, up 10% from 2013. GAAP operating income of $4.0 billion, up 140%.
• Fourth quarter 2014 non-GAAP operating income margin of 28.9%, compared to 25.0% in the fourth quarter of 2013. Full year 2014 non-GAAP operating income margin of 28.3% compared to 25.6% in 2013.
• Fourth quarter 2014 GAAP operating income margin of 18.2%, compared to 10.3% in the fourth quarter of 2013. Full year 2014 GAAP operating income margin of 19.5% compared to 8.1% in 2013.
• Fourth quarter 2014 non-GAAP diluted EPS of $1.31, down 8% from the fourth quarter of 2013. GAAP diluted EPS of $0.80, up 78%.
• Full year 2014 non-GAAP diluted EPS of $5.07, up 1% compared to 2013. GAAP diluted EPS of $3.56, up 139%.
• Strong cash flow from operations of $1.8 billion in the fourth quarter of 2014, an increase of 115% compared to the fourth quarter of 2013. Cash flow from operations for the year of $5.1 billion, compared to $3.2 billion in 2013.
• $0.5 billion of share repurchases in the fourth quarter of 2014; 10% increase in quarterly dividend, to NIS 1.33 per share.
• Full year 2015 guidance reaffirmed.

JERUSALEM--(BUSINESS WIRE)--February 5, 2015--Teva Pharmaceutical Industries Ltd. (NYSE: TEVA) today reported results for the quarter and the year ended December 31, 2014.

In order to take a great leap forward you must first create a solid foundation from which to drive sustainable profitable growth. 2014 was that year for Teva, where we established a stable underlying base from which we will grow in the coming years. We reenergized our business around our core capabilities and growth engines  regaining our leading position in generics; narrowing the focus on core therapeutic areas in specialty; managing the lifecycle of key products; and significantly improving our operating profitability and cash-flow generation, stated Erez Vigodman, CEO of Teva. Looking forward, we will create the most competitive operational network in terms of efficiency, scale and capability and are prioritizing the commercial activities in our markets to ensure leadership and profitability. There is great promise in our specialty and generic pipelines with significant output expected already this year. We will take bold steps forward, both organic and inorganic, to position Teva for sustainable, profitable growth, create value for all of our stakeholders and deliver long-term shareholder return.

Eyal Desheh, Chief Financial Officer of Teva, stated Throughout the year, Teva placed great emphasis on the optimization of our global portfolio and the ongoing cost containment efforts, which resulted in an overall improvement in our non-GAAP operating margin of approximately 400 basis points. These efforts contributed to the strong financial results in 2014, which included achieving or exceeding the key metrics of our financial guidance. Teva generated an all-time high cash flow from operations, despite currency headwinds that impacted our annual operating profit by more than $120 million, as well as the expected increase in tax expense. We used a portion of these funds to resume our share repurchase program, purchasing $500 million of our stock in the fourth quarter and paying out more than $1.1 billion in dividends during 2014. We have a strong balance sheet with more than $2.6 billion in cash, about $10 billion in debt and a debt-to-EBITDA ratio of 1.67.

Results for the Fourth Quarter of 2014

Generic Medicines Segment

Generic Medicines Revenues

Generic medicines revenues in the fourth quarter of 2014 amounted to $2.5 billion, a decrease of 8%, or 3% in local currency terms, compared to the fourth quarter of 2013.

Generic revenues consisted of:

• U.S. revenues of $1.2 billion, flat compared to the fourth quarter of 2013, as higher sales of omega-3-acid ethyl esters (the generic equivalent of Lovaza^�), capecitabine (the generic equivalent of Xeloda^�), celecoxib (the generic equivalent of Celebrex^�), raloxifene (the generic equivalent of Evista^�) and entecavir (the generic equivalent of Baraclude^�) were offset by lower revenues of products launched during 2013, mainly niacin ER (the generic equivalent of Niaspan^�), following the loss of exclusivity.
• European revenues of $759 million, a decrease of 16%, or 9% in local currency terms, compared to the fourth quarter of 2013. The decrease resulted mainly from our strategy of pursuing profitable and sustainable business in the region, with lower revenues in Germany, France and Spain partially offset by higher revenues in certain other markets. This strategy has led to notable improvements in the profitability of our European generics business.
• ROW revenues of $532 million, a decrease of 12%, but an increase of 1% in local currency terms, compared to the fourth quarter of 2013. The increase in local currency terms was mainly due to higher revenues in Russia and in Latin America, which were largely offset by lower revenues in Japan and Canada.
• API sales to third parties of $178 million (which is included in the market revenues above), an increase of 2%, or 5% in local currency terms, compared to the fourth quarter of 2013.

Generic medicines revenues comprised 48% of our total revenues in the quarter, down from 49% in the fourth quarter of 2013.

Generic Medicines Gross Profit

Gross profit from our generic medicines segment in the fourth quarter of 2014 amounted to $1.1 billion, a decrease of 6%, compared to the fourth quarter of 2013. The lower gross profit was mainly the result of lower revenues, partially offset by higher profitability of products launched in 2014 and of our European portfolio, improved pricing and higher gross profit of our APIs. Gross profit margin for our generic medicines segment in the fourth quarter of 2014 increased to 43.8%, from 43.1% in the fourth quarter of 2013.

Generic Medicines Profit

Profit from our generic medicines segment amounted to $561 million in the fourth quarter of 2014, an increase of 9% compared to $514 million in the fourth quarter of 2013. The increase was primarily due to our lower S&M expenses and lower R&D expenses, partially offset by lower gross profit. Generic medicines profit as a percentage of generic medicines revenues was 22.7% in the fourth quarter of 2014, up from 19.2% in the fourth quarter of 2013.

Specialty Medicines Segment

Specialty Medicines Revenues

Specialty medicines revenues in the fourth quarter of 2014 amounted to $2.2 billion, an increase of 1%, or 5% in local currency terms, compared to the fourth quarter of 2013. U.S. specialty medicines revenues amounted to $1.6 billion, up 6% compared to the fourth quarter of 2013. European specialty medicines revenues amounted to $448 million, a decrease of 11%, or 3% in local currency terms, compared to the fourth quarter of 2013. ROW specialty medicines revenues amounted to $167 million, down 2%, but up 23% in local currency terms, compared to the fourth quarter of 2013.

Specialty medicines revenues comprised 43% of our total revenues in the quarter, compared to 41% in the fourth quarter of 2013.

The increase in local currency terms of specialty medicines revenues compared to the fourth quarter of 2013 was primarily due to higher sales of our oncology and CNS products, which were partially offset by lower revenues of womens health products.

The following table presents revenues by therapeutic area and key products for our specialty medicines segment for the three months ended December 31, 2014 and 2013:

Global sales of Copaxone^� (20 mg/mL and 40 mg/mL), the leading multiple sclerosis therapy in the U.S. and globally, amounted to $1.1 billion, a decrease of 2%, but an increase of 3% in local currency terms, compared to the fourth quarter of 2013.

In the United States, sales of Copaxone^� amounted to $835 million, up 4% compared to the fourth quarter of 2013. At the end of the fourth quarter of 2014, according to December 2014 IMS data, our U.S. market shares for the Copaxone^� products in terms of new and total prescriptions were 25.9% and 31.5%, respectively. Copaxone^� 40 mg/mL accounted for over 60% of total Copaxone^� prescriptions.

Sales outside the United States amounted to $286 million, a decrease of 15%, but flat in local currency terms, compared to the fourth quarter of 2013, as higher sales in Russia, due to the timing of a tender in Russia, were offset by lower revenues in other markets.

Our global Azilect^� revenues amounted to $108 million, an increase of 10% compared to the fourth quarter of 2013, while global in-market revenues increased 6% to $141 million. The increase in our sales reflects volume growth and a price increase in the United States, as well as volume growth in Europe.

Sales of our oncology products amounted to $335 million in the fourth quarter of 2014, an increase of 25% compared to the fourth quarter of 2013. The increase resulted primarily from higher sales of Treanda^�, as well as of our recently launched G-CSF products, Lonquex^� and Granix^�. Sales of Treanda^� amounted to $226 million in the fourth quarter of 2014, compared to $177 million in the fourth quarter of 2013, following the launch of the new liquid formulation of the product in November 2014.

Sales of our respiratory products amounted to $252 million in the fourth quarter of 2014, a decrease of 1% compared to the fourth quarter of 2013. ProAir^� revenues amounted to $120 million in the fourth quarter of 2014, up 5% compared to the fourth quarter of 2013, mainly due to volume growth which was partially offset by pricing variances. Qvar^� revenues amounted to $77 million in the fourth quarter of 2014, a decrease of 13% compared to the fourth quarter of 2013, due to pricing variances.

Specialty Medicines Gross Profit

Gross profit from our specialty medicines segment amounted to $2.0 billion in the fourth quarter of 2014, up 1% compared to the fourth quarter of 2013.

Gross profit margin for our specialty medicines segment in the fourth quarter of 2014 was 87.2%, compared to 87.1% in the fourth quarter of 2013.

Specialty Medicines Profit

Profit of our specialty medicines segment amounted to $1.2 billion in the fourth quarter of 2014, an increase of 3% compared to the fourth quarter of 2013, due to lower R&D expenses and higher gross profit, which were partially offset by higher S&M expenses in connection with new product launches.

Specialty medicines profit as a percentage of segment revenues was 53.2% in the fourth quarter of 2014, up from 52.3% in the fourth quarter of 2013.

The following tables present details of our multiple sclerosis franchise and of our other specialty medicines for the three months ended December 31, 2014 and 2013:

Other Activities

Our OTC revenues related to PGT in the fourth quarter of 2014 amounted to $227 million, compared to $246 million in the fourth quarter of 2013. In local currency terms, revenues grew 9%. The increase in local currency terms was mainly due to higher sales in Russia and Latin America, partially offset by lower sales in Europe.

PGTs in-market sales amounted to $372 million in the fourth quarter of 2014, a decrease of $35 million compared to the fourth quarter of 2013. In local currency terms, revenues grew 3%. The increase in local currency terms was mainly due to higher sales in Latin America and Asia.

Our revenues from OTC products in the fourth quarter of 2014 amounted to $228 million, a decrease of 28% or 15% in local currency terms. The decline was mainly due to the sale of our U.S. OTC plants, previously purchased from P&G, back to P&G in July 2014.

Other revenues amounted to $228 million in the fourth quarter of 2014, mostly from the distribution of third-party products in Israel and Hungary, up 4% compared to the fourth quarter of 2013.

Key Metrics for the Fourth Quarter 2014

Non-GAAP information: Net non-GAAP adjustments in the fourth quarter of 2014 amounted to $438 million. Non-GAAP net income and non-GAAP EPS for the quarter are adjusted to exclude the following items:

• Amortization of purchased intangible assets totaling $253 million, of which $244 million is included in cost of goods sold and the remaining $9 million in selling and marketing expenses;
• Impairment of long lived assets of $179 million;
• Restructuring and other expenses of $110 million;
• Regulatory actions taken in facilities of $30 million;
• Costs associated with cancellation of R&D projects of $27 million;
• Income in connection with legal settlements and loss contingencies of $44 million; and
• Related tax benefit of $117 million.

Teva believes that excluding such items facilitates investors' understanding of its business. See the attached tables for a reconciliation of the U.S. GAAP results to the adjusted non-GAAP figures.

Exchange rate differences between the fourth quarter of 2014 and the fourth quarter of 2013 decreased our revenues by $277�million and reduced our non-GAAP operating income by $55 million. Our GAAP operating income was reduced by $41 million.

Non-GAAP gross profit was $3.2 billion in the fourth quarter of 2014, down 1% from the fourth quarter of 2013. Non-GAAP gross profit margin was 61.2% in the fourth quarter of 2014, compared to 58.9% in the fourth quarter of 2013. GAAP gross profit was $2.9 billion in the fourth quarter of 2014, flat compared to the fourth quarter of 2013. GAAP gross profit margin was 55.9% in the quarter, compared to 53.3% in the fourth quarter of 2013.

Research and Development (R&D) expenditures (excluding costs associated with cancellation of R&D projects and purchase of in-process R&D) in the fourth quarter of 2014 amounted to $352 million, compared to $409 million, in the fourth quarter of 2013. R&D expenses were 6.8% of revenues in the quarter, compared to 7.5% in the fourth quarter of 2013. R&D expenses related to our generic medicines segment amounted to $133 million in the fourth quarter of 2014, a decrease of 6% compared to $141 million in the fourth quarter of 2013. R&D expenses related to our specialty medicines segment amounted to $217 million in the fourth quarter of 2014, down 14% compared to $253 million in the fourth quarter of 2013, mainly as a result of lower expenses in our non-core therapeutic areas and timing of expenses related to our respiratory pipeline.

Selling and Marketing (S&M) expenditures (excluding amortization of purchased intangible assets) amounted to $997 million, or 19.3% of revenues, in the fourth quarter of 2014, compared to $1.1 billion, or 20.6% of revenues, in the fourth quarter of 2013. S&M expenses related to our generic medicines segment amounted to $387 million in the fourth quarter of 2014, a decrease of 23% compared to $500 million in the fourth quarter of 2013, mainly due to lower royalty payments in the United States and to lower expenses in Europe and Russia. This decrease reflects our ongoing cost reduction efforts. S&M expenses related to our specialty medicines segment amounted to $545 million, an increase of 6% compared to $516 million in the fourth quarter of 2013. The increase was primarily due to higher expenditures related to our launches of DuoResp Spiromax^�, Lonquex^�, Granix^� and Adasuve^�, as well as preparation for additional product launches planned for 2015.

General and Administrative (G&A) expenditures amounted to $320 million in the fourth quarter of 2014, or 6.2% of revenues, compared with $316 million, or 5.8% of revenues, in the fourth quarter of 2013.

Quarterly non-GAAP operating income was $1.5 billion in the fourth quarter of 2014, an increase of 10% compared to the fourth quarter of 2013. Quarterly GAAP operating income was $942 million in the fourth quarter of 2014, compared to $560 million in the fourth quarter of 2013.

Non-GAAP financial expenses amounted to $69 million in the fourth quarter of 2014, compared to $55 million in the fourth quarter of 2013. GAAP financial expenses for the fourth quarter of 2014 amounted to $70 million, compared to $59 million in the fourth quarter of 2013.

The provision for non-GAAP tax for the fourth quarter of 2014 amounted to $303 million on pre-tax non-GAAP income of $1.4 billion, for a quarterly tax rate of 21%. The provision for non-GAAP tax in the fourth quarter of 2013 was $91 million on non-GAAP pre-tax income of $1.3 billion, or 7%. GAAP tax expenses for the fourth quarter of 2014 amounted to $186 million on pre-tax income of $872 million, for a quarterly GAAP tax rate of 21%. In the fourth quarter of 2013, tax expenses amounted to $114 million on pre-tax income of $501 million for a quarterly GAAP tax rate of 23%.

The increase in our non-GAAP quarterly tax rate mainly reflects the lapse, in 2013, of our tax exemptions under the previous Israeli tax incentives regime. Our profits in Israel are now generally subject to a tax rate of 9%.

Non-GAAP net income and non-GAAP diluted EPS were $1.1 billion and $1.31, respectively, in the fourth quarter of 2014, a decrease of 7% and 8%, respectively, compared to the fourth quarter of 2013. GAAP net income and GAAP diluted EPS were $687 million and $0.80, respectively, in the fourth quarter of 2014, up 81% and 78%, respectively, compared to $380 million and $0.45, in the fourth quarter of 2013.

Cash flow from operations generated during the fourth quarter of 2014 amounted to $1.8 billion, compared to $0.8 billion in the fourth quarter of 2013. The increase was mainly due to lower payments related to legal settlements. Free cash flow, excluding net capital expenditures amounted to $1.5 billion, compared to $0.5 billion in the fourth quarter of 2013.

Cash and investments at December 31, 2014 amounted to $2.6 billion.

For the fourth quarter of 2014, the weighted average outstanding shares for the fully diluted earnings per share calculation was 861 million on both a GAAP and non-GAAP basis. At December 31, 2014, the outstanding shares for calculating Teva's market capitalization were approximately 852 million.

Shareholders equity was $23.4 billion at December 31, 2014, compared to $23.7 billion at September 30, 2014. The decrease primarily reflects a negative impact of $0.6 billion due to currency fluctuations, share repurchases of $0.5 billion and dividend payments of $0.3 billion, partially offset by GAAP net income of $0.7 billion, proceeds from exercise of options of $0.2 billion and $0.1 billion of unrealized gains (net) from derivative financial instruments.

Key Metrics for Full Year 2014

Non-GAAP information: Net non-GAAP adjustments for 2014 amounted to $1.3 billion. Non-GAAP net income and non-GAAP EPS for the year are adjusted to exclude the following items:

• Amortization of purchased intangible assets totaling $1,036 million;
• Impairment of long lived assets of $387 million;
• Restructuring expenses and other expenses of $282 million;
• Costs associated with cancellation of R&D projects of $79 million;
• Regulatory actions taken in facilities of $75 million;
• Branded prescription drug fee of $40 million;
• Income in connection with legal settlements and loss contingencies of $111 million; and
• Related tax benefit of $492 million.

Teva believes that excluding such items facilitates investors' understanding of its business. See the attached tables for a reconciliation of the U.S. GAAP results to the adjusted non-GAAP figures.

Exchange rate differences between 2014 and 2013 decreased our revenues by $346�million and reduced our non-GAAP operating income by $123 million. Our GAAP operating income was reduced by $114 million.

Non-GAAP gross profit of 2014 was $12.1 billion, up 2% from 2013. Non-GAAP gross profit margin was 59.9%, compared to 58.6% in 2013. GAAP gross profit of 2014 was $11.1 billion, up 3% compared to 2013. 2014 GAAP gross profit margin was 54.5%, compared to 52.7% in 2013.

Research and Development (R&D) expenditures (excluding costs associated with cancellation of R&D projects and purchase of in-process R&D) in 2014 amounted to $1.4 billion, a decrease of 1% compared to 2013. R&D expenses were 7.0% of revenues in both years.

Selling and Marketing (S&M) expenditures (excluding amortization of purchased intangible assets and branded prescription drug fee) amounted to $3.8 billion, or 18.7% of revenues, in 2014, compared to $4.0 billion, or 19.9% of revenues, in 2013.

General and Administrative (G&A) expenditures amounted to $1.2 billion, down $22 million compared to 2013, comprising 6.0% of revenues in 2014, compared to 6.1% in 2013.

Non-GAAP operating income in 2014 was $5.7 billion, an increase of 10% compared to 2013. GAAP operating income was $4.0 billion in 2014, compared to $1.6 billion in 2013.

Non-GAAP financial expenses in 2014 amounted to $306 million, compared to $289 million in 2013. GAAP financial expenses for 2014 amounted to $313 million, compared to $399 million in 2013.

The provision for non-GAAP taxes for 2014 amounted to $1.1 billion on pre-tax non-GAAP income of $5.4 billion. The provision for non-GAAP taxes in 2013 was $630 million on pre-tax income of $4.9 billion. The non-GAAP tax rate for 2014 was 20%, as compared to 13% in 2013. GAAP tax expenses in 2014 amounted to $591 million, or 16% of pre-tax income of $3.6 billion. In 2013, we booked a tax benefit in the amount of $43 million, on pre-tax income of $1.3 billion.

2014 Non-GAAP net income and non-GAAP diluted EPS were $4.4 billion and $5.07, respectively, up 2% and 1%, respectively, compared to 2013. 2014 GAAP net income and GAAP diluted EPS were $3.1 billion and $3.56, compared to $1.3 billion and $1.49 in 2013.

Cash flow from operations generated during 2014 amounted to $5.1 billion, compared to $3.2 billion in 2013. Free cash flow, excluding net capital expenditures amounted to $4.3 billion, compared to $2.3 billion in 2013.

The weighted average outstanding shares for the fully diluted earnings per share calculation for 2014 was 858 million on both a GAAP and non-GAAP basis.

Dividend

The Board of Directors, at its meeting on February 3, 2015, declared a cash dividend for the fourth quarter of 2014 of NIS 1.33 per share (approximately 34 cents according to the rate of exchange on February 3, 2015).

The record date will be February 19, 2015, and the payment date will be March 3, 2015. Tax will be withheld at a rate of 15%.

Commencing in April 2015, our dividends will be declared and paid in U.S. dollars.

Annual Report on Form 20-F

Teva will file its Annual Report on Form 20-F with the SEC next week. The report will be available on the companys website, http://www.tevapharm.com, as well as through the SECs website: http://www.sec.gov.

Conference Call

Teva will host a conference call and live webcast to discuss its results for the fourth quarter and full year 2014 and overall business environment on Thursday, February 5, 2015, at 8:00 a.m. EST. A Question & Answer session will follow this discussion.

In order to participate, please dial the following numbers (at least 10 minutes before the scheduled start time): United States 1-866-434-1115; Canada 1-866-992-3607 International +44(0) 1452-589509; Israel 1-809-441425; passcode: 66308620.

A live webcast of the call will also be available on Teva's website at: http://ir.tevapharm.com. Please log in at least 10 minutes prior to the conference call in order to download the applicable audio software.

Following the conclusion of the call, a replay of the webcast will be available within 24 hours on the Company's website. The replay can also be accessed until March 12, 2015, 10:00 a.m. ET by calling United States 1-866-247-4222; Canada 1-866-878-9237 or International +44(0) 1452 550000; passcode: 66308620.

About Teva

Teva Pharmaceutical Industries Ltd. (NYSE and TASE: TEVA) is a leading global pharmaceutical company that delivers high-quality, patient-centric healthcare solutions to millions of patients every day. Headquartered in Israel, Teva is the worlds largest generic medicines producer, leveraging its portfolio of more than 1,000 molecules to produce a wide range of generic products in nearly every therapeutic area. In specialty medicines, Teva has a world-leading position in innovative treatments for disorders of the central nervous system, including pain, as well as a strong portfolio of respiratory products. Teva integrates its generics and specialty capabilities in its global research and development division to create new ways of addressing unmet patient needs by combining drug development capabilities with devices, services and technologies. Teva's net revenues in 2014 amounted to $20.3 billion. For more information, visit www.tevapharm.com.

Teva's Safe Harbor Statement under the U. S. Private Securities Litigation Reform Act of 1995:

This release contains forward-looking statements, which are based on managements current beliefs and expectations and involve a number of known and unknown risks and uncertainties that could cause our future results, performance or achievements to differ significantly from the results, performance or achievements expressed or implied by such forward-looking statements. Important factors that could cause or contribute to such differences include risks relating to: our ability to develop and commercialize additional pharmaceutical products; competition for our innovative products, especially Copaxone� (including competition from orally-administered alternatives, as well as from potential purported generic equivalents) and our ability to migrate users to our new 40 mg/mL version; the possibility of material fines, penalties and other sanctions and other adverse consequences arising out of our ongoing FCPA investigations and related matters; our ability to achieve expected results from the research and development efforts invested in our pipeline of specialty and other products; our ability to reduce operating expenses to the extent and during the timeframe intended by our cost reduction program; our ability to identify and successfully bid for suitable acquisition targets or licensing opportunities, or to consummate and integrate acquisitions; the extent to which any manufacturing or quality control problems damage our reputation for quality production and require costly remediation; increased government scrutiny in both the U.S. and Europe of our patent settlement agreements; our exposure to currency fluctuations and restrictions as well as credit risks; the effectiveness of our patents, confidentiality agreements and other measures to protect the intellectual property rights of our specialty medicines; the effects of reforms in healthcare regulation and pharmaceutical pricing, reimbursement and coverage; governmental investigations into sales and marketing practices, particularly for our specialty pharmaceutical products; adverse effects of political or economic instability, major hostilities or acts of terrorism on our significant worldwide operations; interruptions in our supply chain or problems with internal or third-party information technology systems that adversely affect our complex manufacturing processes; significant disruptions of our information technology systems or breaches of our data security; competition for our generic products, both from other pharmaceutical companies and as a result of increased governmental pricing pressures; competition for our specialty pharmaceutical businesses from companies with greater resources and capabilities; the impact of continuing consolidation of our distributors and customers; decreased opportunities to obtain U.S. market exclusivity for significant new generic products; potential liability in the U.S., Europe and other markets for sales of generic products prior to a final resolution of outstanding patent litigation; our potential exposure to product liability claims that are not covered by insurance; any failure to recruit or retain key personnel, or to attract additional executive and managerial talent; any failures to comply with complex Medicare and Medicaid reporting and payment obligations; significant impairment charges relating to intangible assets, goodwill and property, plant and equipment; the effects of increased leverage and our resulting reliance on access to the capital markets; potentially significant increases in tax liabilities; the effect on our overall effective tax rate of the termination or expiration of governmental programs or tax benefits, or of a change in our business; variations in patent laws that may adversely affect our ability to manufacture our products in the most efficient manner; environmental risks; and other factors that are discussed in our Annual Report on Form 20-F for the year ended December 31, 2014 and in our other filings with the U.S. Securities and Exchange Commission. Forward-looking statements speak only as of the date on which they are made and we assume no obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

CONTACT:
Teva Pharmaceutical Industries Ltd.
IR Contacts:
Kevin C. Mannix, United States, 215-591-8912
Ran Meir, United States, 215-591-3033
Tomer Amitai, Israel, 972 (3) 926-7656
or
PR Contacts:
Iris Beck Codner, Israel, 972 (3) 926-7246
Denise Bradley, United States, 215-591-8974

SEC Filings

Teva Pharma (TEVA) Declares $0.34 Quarterly Dividend; 2.4% YieldFebruary 5, 2015 7:05 AM Teva Pharma (TEVA) Reports In-Line Q4 EPSFebruary 5, 2015 7:05 AM