Eli Hurvitz and the creation of Teva Pharmaceuticals: An Israeli Biography
Genre: Other11
Published: 2017
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Eli Hurvitz (April 1932-November 2011) has become a legend in Israel and beyond. His accomplishments in the business world from the 1980s onward earned him a prominent place in the Israeli public consciousness. Considered a pillar of Israeli industry, he was the financial and business genius who transformed Teva into one of the world’s largest pharmaceutical companies and launched Israeli industry into the international arena. Under Eli’s deft management, Teva doubled its sales every four years and by 2011, the company was worth $54 billion, making it the most successful company in Israel.In addition to his standing as a respected business leader in Israel and around the world, Eli was a well-known Israeli public figure. He received more awards and prizes than any other industrialist in the country’s history. Israeli prime minister’s eager to expand the “miracle of Teva” to the entire Israeli economy asked him to serve as finance minister more than once and the heads of the country’s major political parties courted him.
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