SaverOne Announces New Deployment of Its Driver Distraction Prevention System in Teva Pharmaceutical's Truck Fleet

Group 1 - Teva Pharmaceutical Industries Ltd. has awarded a contract to SaverOne 2014 Ltd. to install the SaverOne System across its fleet of 50 delivery trucks in Israel, following a successful initial deployment in 14 trucks [1][3] - Teva is a multinational pharmaceutical company and one of the largest generic drug manufacturers globally, operating a supply chain across more than 60 countries [2] - The SaverOne System aims to prevent driver distractions caused by mobile phone usage, which is a leading cause of road accidents, with the US National Highway Traffic Safety Administration estimating the annual cost of road accidents in the US at approximately $870 billion [4] Group 2 - SaverOne's technology specifically targets commercial and private vehicle fleets, vehicle manufacturers, and insurance companies, with a focus on reducing costs associated with accidents and damages [5] - The company plans to expand its market presence in Israel, Europe, and the US, anticipating increased demand for its systems due to upcoming EU regulations on cellular distraction monitoring [5] - SaverOne's strategy includes providing technology to aftermarket customers and collaborating with OEM vehicle manufacturers to integrate safety solutions during the manufacturing process [6]