Teva Pharmaceutical Industries Ltd at JPMorgan Healthcare Conference Transcript

Jan 13, 2020 / 06:30PM GMT
Christopher Thomas Schott - JP Morgan Chase & Co, Research Division - Senior Analyst

Good morning, everybody. I'm Chris Schott from JPMorgan, and it's my pleasure to be introducing Teva today. From the company, we have KÃ¥re Schultz, the company's President and CEO. After Chorus presentation, we're going to go to a breakout session, which is in the Olympic Room around the corner. And with that, I'll turn it over to KÃ¥re.

KÃ¥re Schultz - Teva Pharmaceutical Industries Limited - President, CEO & Director

Good morning, everybody. It's a pleasure to be here. We will be talking about the future. And in that connection, I will recommend you to take a look at this. I won't go through it. So we'll move to the next slide.

Now it's a real pleasure to be here. It's -- 2 years ago that I was here for the first time as CEO of Teva, and I can see a few of you that were there. And back then, we had a pretty dramatic situation. We had a debt of $34 billion. We had CoPaxone that have gone off-patent and had generic competition in the U.S., and

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