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Teva Pharma, a top 20 Pharma company, has its headquarters in Israel. Teva has facilities in Israel, North America, Europe and Latin America. They specialise in the development, production and marketing of generic and branded pharmaceuticals and pharmaceutical ingredients.
On January 26th, 2006 Teva acquired Ivax Corporation. Ivax made branded and generic pharmaceuticals and veterinary products in the US and Internationally.
Teva's core values of leadership, strategic discipline, operational excellence, creativity and openness to change, lies at the base of their success.
The first innovative drug to be developed in Israel and to receive FDA approval, Copaxone is a unique immunomodulator therapy for the treatment of Relapsing- Remitting Multiple Sclerosis. Copaxone is the only non-interferon agent available for MS.
Copaxone is a combination of 4 amino acids (proteins).It is believed to affect the immune system. Copoxane is used to decrease the frequency of relapses in patients with relapsing or remitting multiple sclerosis.
It was originally designed to mimic a protein in myelin, called myelin basic protein, with the intention of inducing EAE (an animal model of MS). Quite to the contrary, it was found to suppress the disease and as a result came to be trialed in human MS.