[A hundred years since the founding of the pharmaceutical company "Salomon, Levin, Elshtein"--the origin of the TEVA Group].
The Pharmaceutical trading company "Salomon Levin Elshtein", was founded one hundred years ago. It began in Jerusalem as a small store near the Old City walls, bought by brothers-in-law Haim Salomon (Yoel Moshe Salomon's son) and Moshe Gutel Levin. Among its first customers were the Jewish hospitals and local organizations of the Jewish settlements, who bought drugs for their pharmacies. In those days typical drugs in demand included quinine, for treating malaria and various fevers, and drugs against trachoma. In 1915 Israel Asher Elshtein joined the company, which subsequently changed its name to "Salomon Levin Elshtein" (SLE). Activities expanded and a branch opened in Jaffa. The pioneers of the pharmaceutical industry and various medical products in Israel eventually merged into the Teva Group.
D004345:Drug Industry / Q000266:history* / Q000639:trends; D049673:History, 20th Century; D007557:Israel