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Teva mulls Russian plant
Teva Pharmaceutical Industries Ltd. is looking at opportunities to build or buy a plant in Russia, Group VP international Chaim Hurvitz told Russian daily "Vedomosti" on Friday. Hurvitz said the company will decide whether to build a plant or buy an existing one within the next 6-12 months. Teva currently does not have a production activity in Russia, and is prepared to invest $30-50 million in the building of a plant.