Ownership Submission
FORM 3
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0104
Expires: January 31, 2005
Estimated average burden hours per response... 0.5

(Print or Type Responses)
1. Name and Address of Reporting Person *
  O'Grady Brendan P.
2. Date of Event Requiring Statement (Month/Day/Year)
01/01/2018
3. Issuer Name and Ticker or Trading Symbol
TEVA PHARMACEUTICAL INDUSTRIES LTD [TEVA]
(Last)
(First)
(Middle)
C/O TEVA PHARMACEUTICAL INDUSTRIES LTD., 5 BASEL STREET
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
EVP, North America Commercial
5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

PETACH TIKVA, L3 4951033
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Ordinary Shares (1) 1,388.486
D
 

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(Month/Day/Year)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Options (right to buy)   (2) 12/05/2020 Ordinary Shares (1) 5,401 $ 49.11 D  
Stock Options (right to buy)   (3) 11/06/2021 Ordinary Shares (1) 9,003 $ 41.72 D  
Stock Options (right to buy)   (4) 12/12/2022 Ordinary Shares (1) 12,503 $ 38.84 D  
Stock Options (right to buy)   (5) 03/11/2024 Ordinary Shares (1) 17,502 $ 48.76 D  
Stock Options (right to buy)   (6) 03/11/2025 Ordinary Shares (1) 15,502 $ 60.21 D  
Stock Options (right to buy)   (7) 03/16/2026 Ordinary Shares (1) 25,006 $ 53.5 D  
Stock Options (right to buy)   (8) 03/03/2027 Ordinary Shares (1) 25,001 $ 34.7 D  
Stock Options (right to buy)   (9) 09/18/2027 Ordinary Shares (1) 7,485 $ 16.99 D  
Restricted Share Units   (10)   (10) Ordinary Shares (1) 1,476 $ (11) D  
Restricted Share Units   (12)   (12) Ordinary Shares (1) 3,537 $ (11) D  
Restricted Share Units   (13)   (13) Ordinary Shares (1) 4,664 $ (11) D  
Restricted Share Units   (14)   (14) Ordinary Shares (1) 2,482 $ (11) D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
O'Grady Brendan P.
C/O TEVA PHARMACEUTICAL INDUSTRIES LTD.
5 BASEL STREET
PETACH TIKVA, L3 4951033
      EVP, North America Commercial  

Signatures

/s/ Dov Bergwerk, as attorney-in-fact for Brendan P. O'Grady 01/02/2018
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) The Ordinary Shares may be represented by American Depositary Shares, each of which currently represents one Ordinary Share.
(2) Stock options were granted on December 6, 2010, with 1,800 having vested on each of December 6, 2012 and December 6, 2014 and 1,801 having vested on December 6, 2013.
(3) Stock options were granted on November 7, 2011, with 3,001 having vested on each of November 7, 2013, November 7, 2014 and November 7, 2015.
(4) Stock options were granted on December 13, 2012, with 4,167 having vested on each of December 13, 2013 and December 13, 2014 and 4,169 having vested on December 13, 2015.
(5) Stock options were granted on March 12, 2014, with 5,834 having vested on each of March 12, 2015, March 12, 2016 and March 12, 2017.
(6) Stock options were granted on March 12, 2015, with 3,875 having vested on each of March 12, 2016 and March 12, 2017, 3,875 vesting on March 12, 2018 and 3,877 vesting on March 12, 2019.
(7) Stock options were granted on March 17, 2016, with 6,251 having vested on March 17, 2017, 6,251 vesting on each of March 17, 2018 and March 17, 2019 and 6,253 vesting on March 17, 2020.
(8) Stock options were granted on March 3, 2017, with 6,250 vesting on each of March 3, 2018, March 3, 2019 and March 3, 2020 and 6,251 vesting on March 3, 2021.
(9) Stock options were granted on September 18, 2017, with 3,742 vesting on September 18, 2018 and 3,743 vesting on September 18, 2019.
(10) Restricted share units were granted on March 12, 2015, with 738 vesting on each of March 12, 2018 and March 12, 2019.
(11) Each restricted share unit represents a contingent right to receive, at settlement, one ordinary share or, at the option of the Human Resources and Compensation Committee, the cash value of one ordinary share.
(12) Restricted share units were granted on March 17, 2016, with 1,179 vesting on each of March 17, 2018, March 17, 2019 and March 17, 2020.
(13) Restricted share units were granted on March 3, 2017, with 1,166 vesting on each of March 3, 2018, March 3, 2019, March 3, 2020 and March 3, 2021.
(14) Restricted share units were granted on September 18, 2017, with 1,241 vesting on each of September 18, 2018 and September 18, 2019.
 
Remarks:
The Reporting Person is filing this form in connection with the Issuer's transition from a foreign private issuer to a domestic issuer, effective January 1, 2018.

Exhibit List
     Exhibit 24 - Power of Attorney

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, See Instruction 6 for procedure.

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.