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Perrigo's Return To OTC Roots Restoring Investor Confidence

 
• By Malcolm Spicer

The OTC drug, infant and adult nutritionals, Rx generic topicals and API manufacturer's share price has been up since it re-stated is historical revenues from Tysabri multiple sclerosis treatment royalties and reported interim 2017 first-quarter results. Perrigo will "fully concentrate on growing" OTC portfolio.

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Perrigo Co. PLC's return to its OTC private label roots restored investors' confidence following the end of a review of bookkeeping for an Rx royalty license it has divested and an interim report indicating its consumer health products business is back on track for growth.

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