Novopharm No More
TORONTO — Israel-based Teva Pharmaceutical Industries, the world’s largest generic drug maker, said last week it’s changing the name of its Canadian subsidiary Teva Novopharm to Teva Canada, in order to reinforce the company’s links to its Israeli parent. Teva Canada employs 1,400 people across Canada, most notably at facilities in Stouffville, Markham and Toronto, Ont. Novopharm was founded 45 years ago by pharmacist Leslie Dan. It was purchased by Teva in 2000.