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

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

Teva Pharmaceutical Industries Ltd, is among the top 40 pharmaceutical companies and the largest generic pharmaceutical companies in the world. Over 80% of Teva 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.