Exhibit 23.3

Ehrenkrantz Sterling & Co., L.L.C.

Certified Public Accountants and Consultants

6 Regent Street

Livingston, New Jersey 07039

CONSENT OF INDEPENDENT AUDITORS

To Board of directors

Plantex-U.S.A, Inc.

We hereby consent to the incorporation by reference in the Registration Statement on Form S-8 of Teva Pharmaceutical Industries Ltd. of our report dated January 17, 2001, with respect to the financial statements of Plantex-U.S.A, Inc., for the year ended December 31, 2000 (which financial statements were not separately included in Teva Pharmaceutical Industries Ltd.’s Annual Report), included in Teva Pharmaceutical Industries Ltd’s Annual Report on Form 20-F for the year ended December 31, 2002.

/s/ Ehrenkrantz Sterling & Co., L.L.C.

Livingston, New Jersey

January 21, 2004