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Perrigo’s Mucinex Equivalent On The Cusp, But New Product Outlook Dims

This article was originally published in The Tan Sheet

Executive Summary

The private labeler’s long-delayed guaifenesin launch now tentatively is set for March, CEO Joseph Papa says. But unclear timelines for other OTC launches caused Perrigo to lower its fiscal year consolidated new product sales outlook to $150 million from an initial projection of more than $190 million.

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