Along With Sales Across Regions And Categories, Perrigo’s Labor Shortage Concerns Grow

“The only thing that keeps me up at night right now is labor shortages,” says CEO Murray Kessler. He also notes growing trend of consumers responding to inflation by moving from national brands to lower-priced private label/store brand OTC drugs.  

• Source: Shutterstock

Strong sales growth across its regions and product categories and a trend of more consumers moving to the lower-produced generics of national brand OTCs that Perrigo Company PLC provides don’t hide a potential problem from management’s view.

“The only thing that keeps me up at night right now is labor shortages,” said president and CEO Murray Kessler...

Read the full article – start your free trial today!

Join thousands of industry professionals who rely on HBW Insight for daily insights

  • Start your 7-day free trial
  • Explore trusted news, analysis, and insights
  • Access comprehensive global coverage
  • Enjoy instant access – no credit card required

More from Supply Chain

UK Government Recognizes Crucial Role Of OTCs In Medicines Supply Chain

 
• By 

Representing about a fifth of all licensed medicines in the UK, OTCs are considered a critical part of the country's health system, according to a recently published Department of Health and Social Care (DHSC) paper on UK medicines supply issues.

Latest Tariff Changes Won’t Be The Last Industry And Consumers Should Expect From Trump

 

“With this administration the policy changes are every other week and tend to get delayed or pushed out and whatnot,” says Tax Foundation analyst Alex Durante. Additional tariff rate changes varying by country for imports from around the world take effect on Aug. 7.

Growing With Purpose – Inside Kenvue’s ‘Healthy Lives Mission’

 
• By 

HBW Insight speaks to Kenvue's global head of sustainability, Jennifer Duran, about the company's “Healthy Lives Mission,” including insights into how the firm is decarbonizing its supply chain, reducing the use of plastics and embedding sustainability into the design of new products.

Wellness Firms Targeting GLP-1 Patients’ Dietary Needs Keep Option To Provide Access To Oral Rx

Health and wellness brands and retail chains providing access to prescriptions for compounded GLP-1 drugs, most also offering supplements curated to help meet dietary needs of GLP-1 patients, are offering formulations in oral form as well as injection.

More from HBW Insight

OptiBiotix Enters US Supplements Market With Hydroxycut

 
• By 

UK's OptiBiotix believes its SlimBiome probiotic can cut through in the crowded US market for weight loss supplements.

Beauty Breakup: Ulta Beauty, Target Ending ‘Shop-In-Shop’ In 2026

 

Ulta Beauty and Target Corp. announce August 14 they will not renew their shop-in-shop partnership when it concludes in August 2026.

New US FDA CDER Director Pledges No Politics In Approvals, Adds Higher Ups Can Overturn

 

New CDER Director George Tidmarsh promised to keep politics out of drug approvals, but suggested during a meeting with staff that he could not insulate the drug center from political pressures coming from those above him.