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|January 14, 2008 2:27 p.m.|
|Teva to Explore Strategic Alternatives for its Animal Health Business|
Jerusalem, Israel, January 14, 2008 - Teva Pharmaceutical Industries Ltd. (Nasdaq:TEVA) announced today that it is exploring strategic alternatives for its animal health business, including a possible divestiture. This decision follows the strategic review the Company conducted in 2007.