Mylan’s ‘Durable’ Model Has Helped Weather Storms
$1bn From New Products Aids Pushback Against Negative Trends
Mylan says its ‘durable’ business model has helped it to withstand pressures from adverse industry trends in 2019, boosted by $1bn in sales from newly-launched products. However, negative currency effects cut the firm’s sales growth from 3% at constant currencies to 1% as reported.
