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Perrigo Rx Divestment Remains ‘On Track’

As Business Buffeted By COVID And Albuterol Woes

 
• By Dave Wallace

Perrigo says its deal to divest its Rx business remains “on track,” with the company shunting the prescription unit into “discontinued operations” in the first quarter as it trains its focus on the firm’s future growth engine of consumer self-care.

Train Early Track Station
Perrigo’s Rx train is ready to leave the station • Source: Alamy

Perrigo’s planned $1.5bn divestment of its prescription “Rx” business to Altaris Capital Partners is proceeding “on track,” according to Perrigo president and CEO Murray Kessler.

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