Billionaire Israel “Izzy” Englander Bets on Troubled Pharma Giants Teva and Valeant, Nixes Acadia


Billionaire Israel “Izzy” Englander, who helmed his fortune from humble, Polish immigrant beginnings took a chance on two giants that have played with volatile fire in the market: Teva Pharmaceutical (NYSE:TEVA) and Valeant Pharmaceuticals (NYSE:VRX). However, the hedge fund guru is doing away with almost all of ACADIA Pharmaceuticals (NASDAQ:ACAD), a stock that has attracted mostly bullish attention on the Street.

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