Generics Bulletin is part of Pharma Intelligence UK Limited

This site is operated by Pharma Intelligence UK Limited, a company registered in England and Wales with company number 13787459 whose registered office is 5 Howick Place, London SW1P 1WG. The Pharma Intelligence group is owned by Caerus Topco S.à r.l. and all copyright resides with the group.

This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call +44 (0) 20 3377 3183

Printed By

UsernamePublicRestriction

Perrigo Divests In Brazil And Mexico

Advent International Picks Up OTC Businesses In Latin America

Executive Summary

Perrigo has revealed plans to divest its OTC businesses in Brazil and Mexico to private equity firm Advent International, citing insufficient scale and weak margins.

You may also be interested in...



Perrigo Ready To Launch OTC Nasonex In 2022

Perrigo has received FDA approval for the OTC use of Nasonex 24-hour allergy (mometasone furoate monohydrate) 50mcg and plans to launch it later this year. The news comes after the company reported a healthy fourth quarter on the back of a strong rebound in the demand for cough/cold products, fresh from divesting its generic Rx prescription pharmaceutical business in 2021

Perrigo Completes $1.5bn Rx Divestment

Perrigo has completed the divestment of its Rx prescription generics business to Altaris Capital Partners for $1.55bn, completing its transition to become a self-care consumer healthcare-focused company. Altaris has rebranded the unit as Padagis.

Perrigo Rx Divestment Remains ‘On Track’

Perrigo says its deal to divest its Rx business remains “on track,” with the company shunting the prescription unit into “discontinued operations” in the first quarter as it trains its focus on the firm’s future growth engine of consumer self-care.

Topics

Related Companies

Latest Headlines
See All
UsernamePublicRestriction

Register

GB150932

Ask The Analyst

Ask the Analyst is free for subscribers.  Submit your question and one of our analysts will be in touch.

Your question has been successfully sent to the email address below and we will get back as soon as possible. my@email.address.

All fields are required.

Please make sure all fields are completed.

Please make sure you have filled out all fields

Please make sure you have filled out all fields

Please enter a valid e-mail address

Please enter a valid Phone Number

Ask your question to our analysts

Cancel