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With Generic Mucinex Delayed, Perrigo Will Need Alternatives To Drive Sales Growth

This article was originally published in The Tan Sheet

Executive Summary

Perrigo hopes to ship store-brand Mucinex expectorant products in time for the next cough and cold season, but analysts are skeptical with several targets for the launch missed already. However, the firm can drive growth through mergers and acquisitions and Rx-to-OTC growth opportunities.

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“Perfect Storm” Flattens Perrigo Consumer Sales, Cuts Income 57%

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

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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