Perrigo Acquires Exclusive Rights to OTC Store Brand Versions of Allegra

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June 30, 2010

Perrigo acquired exclusive U.S. store brand rights to sell and distribute over-the-counter (OTC) versions of Allegra, generically known as fexofenadine.

The rights include Fexofenadine HCl 180 mg and 60 mg tabs, Fexofenadine HCl 60 mg and Pseudoephedrine 120 mg tabs, the generic versions of Sanofi-Aventis' Allegra and Allegra D-12 products.

Prior to generic competition entering the Fexofenadine Rx market in 2005, Allegra 180 mg and 60 mg had combined annual sales of approximately $1.5 billion, and in 2009, Allegra D-12 had annual sales of $600 million according to data provided by Wolters-Kluwer.

"This is another example of Perrigo's strategic focus on making quality healthcare more affordable to American consumers by introducing new Rx-to-OTC switch products," said Perrigo Chairman and CEO Joseph C. Papa.

Perrigo is the world's largest manufacturer of OTC pharmaceutical products for the store brands market, and a leading global healthcare supplier that develops, manufactures and distributes OTC and generic prescription pharmaceuticals, nutritional products, infant formula, active pharmaceutical ingredients and consumer products.

Read These Related Articles:

• Store Brand OTC Sales Rise as J&J Recalls More Products
• Perrigo Wins Unfair Competition Case Against Rexall
• Perrigo's OTC Store Brands Win Big
• P&G Uses Product Innovation to Attack Store Brands
• Pepto-Bismol Beats Store Brands Despite Huge Price Premium

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