GRAND RAPIDS — Executives at Ranir Global Holdings LLC put a plan in place four years ago to grow the company and prepare for investors’ eventual exit. By 2018, as the world’s largest producer of private-label store-brand oral care products grew sales and earnings at double-digit rates, management started exploring various options, including the potential for an IPO.
ALLEGAN — The sweeping transformation plan from Perrigo Co. plc President and CEO Murray Kessler aims to return the company to higher sales and earnings growth within a few years. Murray envisions a Perrigo that’s focused on “self-care,” producing products for consumers not only to treat themselves with store-brand, over-the-counter medications but also to maintain their health and prevent illness.
Perrigo Co. plc plans to “separate” its generic drug business that’s faced significant price pressure and generated lower sales.
ALLEGAN — As Perrigo Co. plc transitions to a new CEO, John Hendrickson thinks the company is “positioned in exactly the right place.”
Uwe Rohrhoff, a veteran pharmaceutical industry executive who previously ran Germany’s Gerresheimer AG, was named today as the new president and CEO at Perrigo Co. plc.
ALLEGAN — Perrigo. Co. plc wants the federal government to pay back more than $163.5 million in taxes it paid over four years.
Amazon.com Inc.’s potential entry into the pharmacy business represents another way for Perrigo Co. plc to sell medications to consumers and grow the overall market, rather than a threat to the drugmaker’s existing retail sales network, executives say.
GRAND RAPIDS — Spectrum Health’s venture to co-brand medications sold at West Michigan Meijer Inc. stores aims to make it easier for patients to find the help they need when they’re sick.