Generic medicines

Affordable and accessible treatment options for patients and healthcare providers

As the world's leading provider of generic medicines, Teva understands the importance of making safe, quality medications accessible and affordable. We believe that every one of us should have access to quality medicine that helps manage disease, fights infection, or simply improves overall health.

  • Around 200 million people worldwide take one of our medicines every day. 01
  • In Ireland one in eight prescription packs supplied to Irish pharmacies is at Teva medicine. 02

With generic medicines, patients typically pay less while receiving the same medicine that is in the brand name medicine prescribed by their doctors. Generic medicines cost, on average, 80–85% less than brand-name medicines. 03

Teva’s generic medicines support healthcare systems. Patients and healthcare providers saved hundreds of billions of euros in the last decade by choosing Teva’s prescription generic medicines over more expensive brands. 

Our global footprint is critical to ensuring that our patients have access to our medicines. Teva has the largest supply chain of any pharmaceutical company and our network of 37,000 employees and 53 global manufacturing sites work around the clock to make sure our medicines reach patients in 58 countries across across the world. 

Every hour there is a plane in the air, a ship on the seas or a truck on the road delivering Teva’s generic medicines to pharmacies and hospitals around the world.

We are committed to creating quality, affordable medicines for more people in more places around the world. Our scientists are constantly researching and developing generic medicines with the aim of increasing access to treatments that can improve patients’ health and save healthcare providers billions.

And we’re using our legacy in high-quality generics to leverage our capabilities and bring forward complex generics and biosimilars at scale to create even more value for patients and healthcare systems. Because, at Teva, we are all in for better health. 

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References

  1. Back to contents.

    Internal analyses conducted by Global Insights, Access & Technologies estimating number of Teva consumers

  2. Back to contents.

    Teva Ireland - Data on file 

  3. Back to contents.
Date of preparation: January 2025
Reference: D: COB-IE-NP-00036 (V4.0) / T: GEN-IE-NP-00134 (V1.0) / M: GEN-IE-NP-00136 (V1.0)