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.

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Mylan says it is weathering negative market trends • Source: Shutterstock

Mylan says its ‘durable’ business model helped it to stand firm against the pressures of negative industry trends in 2019, boosted by around $1bn in sales from newly-launched products, of which $800m came in North America.

These included sales from the Wixela Inhub (fluticasone/salmeterol) rival to GlaxoSmithKline’s Advair Diskus that Mylan introduced in early 2019 (Also see "Mylan Launches US Advair Rival, Wixela Inhub, At A 70% Discount" - Generics Bulletin, 12 February, 2019

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