Competition

The two biggest medicine companies announced to incorporate. It showed that both of these two companies agreed that the competition would never disappeared.

Investors supported Teva Pharmaceutical Industries Ltd. to purchase the stock of Ivax Corp by 7 billion 400 million dollars yesterday. The stock of Ivax Corp. had increased by 10% to 25.17 dollar; in contrast, the stock of Teva only had increased by 0.2% to 31.23 dollar.

A lot of companies insists that competition is able to improve the development of the medicine market, but in these two companies point of view, competition will opress the price of production.