ABIC Biological Laboratories Teva Ltd. was established in 1939 as a quality producer of pharmaceuticals and veterinary products.

Since 1988, ABIC has been wholly owned by Teva Pharmaceutical Industries Ltd. and emerged as a major force in the Israeli veterinary market.

Teva Pharmaceutical Industries Ltd, is among the top 20 pharmaceutical companies and the largest generic pharmaceutical companies in the world. Over 80% of Teva's sales are in North America and Europe. The company develops, manufactures and markets generic and branded human pharmaceutical and active pharmaceutical ingredients.

ABIC is a leading member of the MAI - Manufacturers Association of Israel - Animal Health Division and a member of IFAH - an international organization of veterinary manufacturers.