Private Label Nexium OTC Buoys Perrigo As Pricing Trims Rx Revenues

Perrigo's third-quarter launch of private label Nexium24HR was primary contributor of $13m in new product sales in North America.

Perrigo Co. PLC says launching private label OTC Nexium24HR near the end of the third quarter was enough to help drive $13m in new product sales in North America but not enough to pull the division out of a 2% dip from the year-ago period in reported net sales.

Reported North American OTC drug and adult and infant formula sales during the July-September period were $599m as the firm...

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