What’s a move to New Jersey worth? For Teva’s U.S. headquarters, $40M in tax breaks

Teva has long called Pennsylvania its U.S. home base, but a newly approved tax incentive plan indicates that New Jersey may just be trying to woo it away.

The New Jersey Economic Development Authority has approved a 10-year, $40 million package to make a case for a relocation to Parsippany, New Jersey, Biz reported.