Perrigo’s Formula To Drive Earnings Rebound Swings On Further Formula Business Recovery

“The infant formula business is recovering and we've taken actions to simplify and consumerize our business, but there's a lot more work to do,” says CEO Patrick Lockwood-Taylor as Perrigo’s announced latest results.

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A product line not among Perrigo Company PLC’s sales growth drivers in nearly 30 years making it is the fulcrum for the firm’s outlook, not the first US OTC oral contraceptive it launched eight months ago.

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Valisure Puts FDA Under Microscope In Complaint On Ranitidine Tests Seeking Damages From GSK

 

Amended complaint filed 21 May after US Attorney General in March said the federal and state governments, named as co-plaintiffs, wouldn’t intervene and the court ordered the complaint unsealed. Complaint, initially filed in 2019, is critical of FDA, generally alleging agency failed to conduct sufficient oversight and evaluation of GSK’s testing data for ranitidine.