Report: Teva Moves Headquarters To Ra’anana

June 9, 2015 | The Israeli pharmaceutical company Teva will move its global headquarters from Pitach Tikvah to Ra’anana, according to a “Globes” report. Teva reportedly wants to concentrate it’s activities in one central location. It is estimated that the construction costs of the new headquarters will cost Teva a total of NIS 500 million ($130 million).  The location of the new headquarters will be close to the SAP and NICE Systems’ offices in Ra’anana.