Mylan’s ‘Durable’ Model Has Helped Weather Storms
$1bn From New Products Aids Pushback Against Negative Trends
Executive Summary
Mylan says its ‘durable’ business model has helped it to withstand pressures from adverse industry trends in 2019, boosted by $1bn in sales from newly-launched products. However, negative currency effects cut the firm’s sales growth from 3% at constant currencies to 1% as reported.