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Perrigo Takes Another Step On Planned Generic Exit

Divestiture Takes It Closer To Being A Consumer-Focused Self-Care Firm

 
• By Dean Rudge

Perrigo’s ambitions to become a consumer-focused company are a step closer after the firm announced an immediate sale of a ‘non-core’ asset.

Steps
Perrigo has taken the next step in its consumer-focus strategy • Source: Shutterstock

Perrigo has announced the immediate sale of its UK-based liquid generics subsidiary Rosemont Pharmaceuticals to local private equity player Inflexion for £156m ($195m) in cash, as the firm continues to move away from the prescription generics space to become chiefly a consumer-focused player.

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