Household-products giant Procter & Gamble Co., which sells Crest and Pampers, changed leaders Thursday, but there was no immediate indication it would affect a joint venture with Teva Pharmaceutical Industries Ltd.
"We are delighted by the interaction we have had with P&G and have no reason to expect that will change," Teva chief executive officer Jeremy Levin said Friday evening through a spokeswoman.
However, leadership changes can prompt reviews of previous deals and the two men leading the companies when PGT Healthcare was announced in March 2011 are both gone.
P&G, of Cincinnati, replaced CEO Bob McDonald on Thursday night with his predecessor, A.G. Lafley, effective immediately. McDonald had taken over in 2009. About nine months after McDonald and Teva's Shlomo Yanai announced the deal to sell over-the-counter health products, Teva replaced Yanai with Levin.