Perrigo Bolsters US Generics Ahead Of Separation Plans

Signed Eighth Agreement With Sol-Gel To Further Expand Partnership

Perrigo has expanded its agreement with Sol-Gel Technologies to cover ten products, shortly after warning that plans to separate the firm’s Prescription Pharmaceuticals US generics unit “in the short term” would likely “destroy shareholder value.”

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Perrigo and dermatology specialist Sol-Gel have once again added to their collaboration • Source: Shutterstock

Perrigo has expanded its development, manufacturing and commercialization agreement with dermatology specialist Sol-Gel Technologies by adding three new generic product candidates, ahead of continued plans to separate Perrigo’s US generics Prescription Pharmaceuticals business.

With the latest agreement, the eighth in total, Perrigo and Sol-Gel’s collaboration now covers ten products. “Consistent with Sol-Gel’s prior...

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