When Teva Pharmaceuticals USA moves its headquarters from Pennsylvania to New Jersey it will create over 800 new and high-paying jobs.

The eventual move will expand upon Teva's Parsippany-Troy Hills creating approximately 843 jobs in addition to more than 200 existing positions, NJ.com reports. The company was most likely encouraged to make the big move for tax breaks to the tune of nearly $40 million.

Teva makes specialty and generic pharmaceuticals, advances innovation, and strives to make more accessible, quality healthcare.

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