Allentown
82° F
Scattered Clouds
Scattered Clouds

CEO of TEVA Pharmaceutical resigns

By 69 News, (follow: @69news), news@wfmz.com
Published On: Oct 31 2013 05:08:18 PM CDT
Updated On: Oct 31 2013 06:25:57 PM CDT

The head of a global drug-maker whose US headquarters are based in Montgomery County is stepping down.

The head of a global drug-maker whose US headquarters are based in Montgomery County is stepping down.

Teva Pharmaceutical says its President and CEO Dr. Jeremy Levin is leaving.

No reason was given for the departure.

The Executive Vice-President will serve as interim CEO.

The company has previously said it plans to cut thousands of jobs.

And earlier this year the drug-maker announced it will close its Bucks County plant in 2017.