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Mylan Insists Complex Generics Strategy Is Poised To Deliver

 
• By Jessica Merrill

With one high-profile approval in its pocket – a version of Teva's blockbuster Copaxone – Mylan's management believes its strategy of investing in complex generics and biosimilars will help the company navigate challenges in the US generic market.

Business Balance - A businessman carrying paperwork walking over a tight rope.

Mylan NV's plan to invest in complex generics and biosimilars is about to begin paying dividends, helping ease the company through the challenging US commercial market for small molecule generic drugs, at least that was the message management, including CEO Heather Bresch and President Rajiv Malik, tried to deliver to investors during the company's third quarter earnings call Nov. 6.

The company is hoping to ride the positive momentum coming off the FDA approval of a generic version of Teva Pharmaceutical Industries Ltd.'s multiple sclerosis blockbuster Copaxone (glatiramer) in...

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