Perrigo Company plc is a global healthcare company that specializes in over-the-counter (OTC) and generic prescription pharmaceuticals. The company was founded in 1887 by Luther Perrigo in Allegan, Michigan, USA. Originally named "The Homeopathic Medicine Company," it began as a small manufacturer of homeopathic remedies and has since grown into a leading player in the healthcare industry.
Perrigo's primary focus is on providing affordable and accessible healthcare products to consumers worldwide. They manufacture and distribute a wide range of OTC medications, nutritional supplements, infant formula, and generic prescription drugs. Their products cover various therapeutic categories, including cough and cold, pain relief, gastrointestinal, skin care, and more.
Perrigo is listed on the New York Stock Exchange (NYSE) under the ticker symbol "PRGO" and is also a component of the S&P 500 index. The company has a significant global presence, with manufacturing facilities and distribution centers in various countries, including the United States, Ireland, Israel, India, Mexico, and many others.
One of Perrigo's biggest sellers is its generic version of the allergy medication Allegra® (fexofenadine hydrochloride). Perrigo's generic version provides a more affordable alternative to the branded medication, making it accessible to a broader population of consumers. This exemplifies Perrigo's mission of making quality healthcare products more affordable and accessible to improve people's lives.