{"id":808560,"date":"2025-02-04T09:17:45","date_gmt":"2025-02-04T14:17:45","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/saverone-announces-new-deployment-of-its-driver-distraction-prevention-system-in-teva-pharmaceuticals-truck-fleet\/"},"modified":"2025-02-04T09:17:45","modified_gmt":"2025-02-04T14:17:45","slug":"saverone-announces-new-deployment-of-its-driver-distraction-prevention-system-in-teva-pharmaceuticals-truck-fleet","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/saverone-announces-new-deployment-of-its-driver-distraction-prevention-system-in-teva-pharmaceuticals-truck-fleet\/","title":{"rendered":"SaverOne Announces New Deployment of Its Driver Distraction Prevention System in Teva Pharmaceutical\u2019s Truck Fleet"},"content":{"rendered":"
\n

\n Teva, a global pharmaceutical leader, to install the SaverOne System across its entire fleet of 50 delivery trucks in Israel<\/b>\n <\/p>\n

\n Petah Tikvah, Israel, Feb. 04, 2025 (GLOBE NEWSWIRE) — SaverOne 2014 Ltd. (Nasdaq: SVRE, TASE: SVRE),<\/b> a leading innovator in transportation safety technology, today announced the award of a new contract with Teva Pharmaceutical Industries Ltd. (Teva), to install the SaverOne System across its entire fleet of 50 pharmaceutical delivery trucks. This follows the successful initial deployment in 14 trucks. <\/p>\n

Headquartered in Israel, Teva is a multinational pharmaceutical company and one of the world\u2019s largest generic drug manufacturers. Teva operates a global fleet supporting its supply chain across more than 60 countries. <\/p>\n

\n Mr. Ori Gilboa, CEO of SaverOne commented,<\/b> \u201cWe are proud of this new collabortion with Teva, a global pharmaceutical leader, in supporting the safety of their drivers and deliveries.\u00a0 While we look forward to successfully completing the installation in Israel across all 50 of their trucks, we believe there is strong future potential for further deployments in other countries within Teva\u2019s global fleets and operations. This win underscores continued growing demand for our technology and highlights our ability to deliver effective solutions that help prevent driver distractions in commercial fleets.\u201d<\/p>\n

\n Mr. Ronen Talmor, Traffic Safety Officer at Teva<\/b>, commented, \u201cAs a company that places safety as a top priority, whether workplace safety or road safety, we invest significant time and money in technological solutions and training to prevent accidents. When we discovered SaverOne\u2019s system, which essentially complements our efforts as a company to prevent road accidents and eliminate the number one cause of such accidents – driver distraction, we immediately recognized its value. I believe that any company that, like us, prioritizes safety will not overlook this highly significant system.\u201d<\/p>\n

\n About the SaverOne System<\/b>\n <\/p>\n

SaverOne’s system is installed in vehicles to solve the problem of driver distraction, as a result of drivers using distracting applications on their mobile phones while driving in a way that endangers their safety and the safety of their passengers. This phenomenon is considered one of the leading causes of global road accidents. According to the US National Highway Traffic Safety Administration, the annual cost of road accidents just in the United States stands at about $870 billion each year, excluding the costs of serious injury or death, with a quarter of those accidents estimated to be related to the use of the mobile phones while driving. SaverOne’s technology specifically recognizes the driver area in the vehicle. It prevents the driver from accessing distracting applications such as messaging while allowing others (navigation as an example) without user intervention or consent, creating a safer driving environment. <\/p>\n

SaverOne’s primary target markets include commercial and private vehicle fleets interested in reducing potential damages and significant costs, vehicle manufacturers interested in integrating safety solutions into their vehicles, and insurance and leasing companies. SaverOne initially addresses car fleets with a focus on the Israeli, European, and US markets and other markets worldwide. SaverOne believes that an increased focus on monitoring and prevention of cellular distraction systems in vehicles, driven by upcoming expected EU regulation, will likely have a dramatic positive impact on the demand for its systems in the future.<\/p>\n

The Company’s strategy is to provide its technology to customers in the aftermarket and address OEM vehicle manufacturers to integrate the Company’s protection technologies during the vehicle manufacturing process.\u00a0\u00a0<\/p>\n

\n About SaverOne<\/b>\n <\/p>\n

SaverOne is a technology company that designs, develops, and commercializes OEM and aftermarket solutions and technologies to lower the risk of and prevent vehicle accidents.\u00a0<\/p>\n

SaverOne’s initial product line is a suite of solutions that saves lives by preventing car accidents resulting from distraction from using mobile phones while driving. SaverOne is also developing a sensor system for early location and direction detection under all visibility conditions of vulnerable road users (VRU) through their cellphone footprint.<\/p>\n

Learn more at https:\/\/saver.one\/<\/a><\/p>\n

\n Forward Looking Statements<\/b>\n <\/p>\n

\n This press release contains <\/i>
\n “<\/i>
\n forward-looking statements<\/i>
\n “<\/i>
\n within the meaning of the Private Securities Litigation Reform Act and other securities laws that are subject to substantial risks and uncertainties. All statements, <\/i>
\n besides those<\/i>
\n of historical fact, contained in this press release are forward-looking. Forward-looking statements contained in this press release include but are not limited to, statements regarding <\/i>
\n SaverOne’s<\/i>
\n strategic and business plans, technology, relationships, objectives<\/i>
\n ,<\/i>
\n and expectations for its business, the impact of trends on and interest in its business, intellectual property or product and its future results, operations<\/i>
\n ,<\/i>
\n and financial performance and condition and may be identified by the use of words such as <\/i>
\n “<\/i>
\n anticipate<\/i>
\n ,” “<\/i>
\n believe<\/i>
\n ,” “<\/i>
\n contemplate<\/i>
\n ,” “<\/i>
\n could<\/i>
\n ,” “<\/i>
\n estimate<\/i>
\n ,” “<\/i>
\n expect<\/i>
\n ,” “<\/i>
\n intend<\/i>
\n ,” “<\/i>
\n seek<\/i>
\n ,” “<\/i>
\n may<\/i>
\n ,” “<\/i>
\n might<\/i>
\n ,” “<\/i>
\n plan<\/i>
\n ,” “<\/i>
\n potential<\/i>
\n ,” “<\/i>
\n predict<\/i>
\n ,” “<\/i>
\n project<\/i>
\n ,” “<\/i>
\n target<\/i>
\n ,” “<\/i>
\n aim<\/i>
\n ,” “<\/i>
\n should<\/i>
\n ,”<\/i>
\n “will<\/i>
\n ” “<\/i>
\n would<\/i>
\n ,”<\/i>
\n or the negative of these words or other similar expressions<\/i>
\n . However,<\/i>
\n not all forward-looking statements contain these words. Forward-looking statements are based on <\/i>
\n SaverOne’s<\/i>
\n current expectations and are subject to inherent uncertainties, risks<\/i>
\n ,<\/i>
\n and assumptions that are difficult to predict. Further, certain forward-looking statements are based on assumptions <\/i>
\n about<\/i>
\n future events that may not prove accurate. Many factors could cause <\/i>
\n SaverOne’s<\/i>
\n actual activities or results to differ materially from <\/i>
\n those<\/i>
\n anticipated in such forward-looking statements. Factors that could cause actual results to differ materially from those expressed or implied in such forward-looking statements include, but are not limited to: the ability of our technology to substantially improve the safety of drivers; SaverOne\u2019s planned level of revenues and capital expenditures and its ability to continue as a going concern<\/i>
\n ; SaverOne\u2019s ability to maintain its listing on the Nasdaq Capital Market<\/i>
\n ;<\/i>
\n \u00a0<\/i>
\n the ability of SaverOne\u2019s technology to substantially improve the safety of drivers; SaverOne\u2019s ability to <\/i>
\n broaden the footprint of its product and services within Teva<\/i>
\n globally and to<\/i>
\n market and sell its products generally; <\/i>
\n SaverOne\u2019s<\/i>
\n plans to continue to invest in research and development to develop technology for both existing and new products; SaverOne\u2019s intention to advance its technologies and commercialization efforts; SaverOne\u2019s plan to seek patent, trademark and other intellectual property rights for products and technologies in the United States and internationally, as well as its ability to maintain and protect the validity of currently held intellectual property rights; SaverOne\u2019s expectations regarding future changes in its cost of revenues and operating expenses; interpretations of current laws and the passage of future laws; acceptance of its business model by investors; the ability to correctly identify and enter new markets; the impact of competition and new technologies; general market, political and economic conditions in the countries in which SaverOne operates; projected capital expenditures and liquidity; SaverOne\u2019s intention to retain key employees, and its belief that it will maintain good relations with all employees; a resurgence of the COVID-19 pandemic and its impact on business and industry; as well as other risks and uncertainties, including, but not limited to, the risks detailed in the Company’s Annual Report on Form 20-F filed with the U.S. Securities and Exchange Commission (the “SEC”) on March 25, 2024 <\/i>
\n \u00a0<\/i>
\n and in subsequent filings with the SEC. Forward-looking statements in this announcement are <\/i>
\n made as of this date, and SaverOne undertakes no duty to update such information except as required under applicable law.<\/i>\n <\/p>\n\n\n
\n International Investor Relations Contact:<\/b>
\n
Ehud Helft
+1 212 378 8040
saverone@ekgir.com<\/a><\/p>\n

\u00a0<\/b><\/td>\n

\n \u00a0<\/b><\/p>\n

\u00a0<\/b><\/p>\n

\u00a0<\/b>\n <\/td>\n<\/tr>\n<\/table>\n

\"\"
\n
\n \"\"\n <\/div>\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

Teva, a global pharmaceutical leader, to install the SaverOne System across its entire fleet of 50 delivery trucks in Israel Petah Tikvah, Israel, Feb. 04, 2025 (GLOBE NEWSWIRE) — SaverOne 2014 Ltd. (Nasdaq: SVRE, TASE: SVRE), a leading innovator in transportation safety technology, today announced the award of a new contract with Teva Pharmaceutical Industries Ltd. (Teva), to install the SaverOne System across its entire fleet of 50 pharmaceutical delivery trucks. This follows the successful initial deployment in 14 trucks. Headquartered in Israel, Teva is a multinational pharmaceutical company and one of the world\u2019s largest generic drug manufacturers. Teva operates a global fleet supporting its supply chain across more than 60 countries. Mr. Ori Gilboa, CEO of SaverOne commented, \u201cWe … <\/p>\n

Continue reading “SaverOne Announces New Deployment of Its Driver Distraction Prevention System in Teva Pharmaceutical\u2019s Truck Fleet”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-808560","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nSaverOne Announces New Deployment of Its Driver Distraction Prevention System in Teva Pharmaceutical\u2019s Truck Fleet - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/saverone-announces-new-deployment-of-its-driver-distraction-prevention-system-in-teva-pharmaceuticals-truck-fleet\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SaverOne Announces New Deployment of Its Driver Distraction Prevention System in Teva Pharmaceutical\u2019s Truck Fleet - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Teva, a global pharmaceutical leader, to install the SaverOne System across its entire fleet of 50 delivery trucks in Israel Petah Tikvah, Israel, Feb. 04, 2025 (GLOBE NEWSWIRE) — SaverOne 2014 Ltd. (Nasdaq: SVRE, TASE: SVRE), a leading innovator in transportation safety technology, today announced the award of a new contract with Teva Pharmaceutical Industries Ltd. (Teva), to install the SaverOne System across its entire fleet of 50 pharmaceutical delivery trucks. This follows the successful initial deployment in 14 trucks. Headquartered in Israel, Teva is a multinational pharmaceutical company and one of the world\u2019s largest generic drug manufacturers. Teva operates a global fleet supporting its supply chain across more than 60 countries. 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(Nasdaq: SVRE, TASE: SVRE), a leading innovator in transportation safety technology, today announced the award of a new contract with Teva Pharmaceutical Industries Ltd. (Teva), to install the SaverOne System across its entire fleet of 50 pharmaceutical delivery trucks. This follows the successful initial deployment in 14 trucks. Headquartered in Israel, Teva is a multinational pharmaceutical company and one of the world\u2019s largest generic drug manufacturers. Teva operates a global fleet supporting its supply chain across more than 60 countries. Mr. Ori Gilboa, CEO of SaverOne commented, \u201cWe … Continue reading \"SaverOne Announces New Deployment of Its Driver Distraction Prevention System in Teva Pharmaceutical\u2019s Truck Fleet\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/saverone-announces-new-deployment-of-its-driver-distraction-prevention-system-in-teva-pharmaceuticals-truck-fleet\/","og_site_name":"Market Newsdesk","article_published_time":"2025-02-04T14:17:45+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTM1MjcyOCM2NzM0ODc3IzUwMDEwNTM3Mw==","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"6 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/saverone-announces-new-deployment-of-its-driver-distraction-prevention-system-in-teva-pharmaceuticals-truck-fleet\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/saverone-announces-new-deployment-of-its-driver-distraction-prevention-system-in-teva-pharmaceuticals-truck-fleet\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"SaverOne Announces New Deployment of Its Driver Distraction Prevention System in Teva Pharmaceutical\u2019s Truck Fleet","datePublished":"2025-02-04T14:17:45+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/saverone-announces-new-deployment-of-its-driver-distraction-prevention-system-in-teva-pharmaceuticals-truck-fleet\/"},"wordCount":1202,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/saverone-announces-new-deployment-of-its-driver-distraction-prevention-system-in-teva-pharmaceuticals-truck-fleet\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTM1MjcyOCM2NzM0ODc3IzUwMDEwNTM3Mw==","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/saverone-announces-new-deployment-of-its-driver-distraction-prevention-system-in-teva-pharmaceuticals-truck-fleet\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/saverone-announces-new-deployment-of-its-driver-distraction-prevention-system-in-teva-pharmaceuticals-truck-fleet\/","name":"SaverOne Announces New Deployment of Its Driver Distraction Prevention System in Teva Pharmaceutical\u2019s Truck Fleet - 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