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Perrigo’s ProAir Rival ‘Unlikely To Be Back In 2021’ Following Recall

Q3 2020 Recall Led To $200m Impairment Charge

Executive Summary

Perrigo has moved to allay more serious concerns around its generic ProAir inhaler device, but concedes that it is highly unlikely the lucrative respiratory product will return to the market this year.

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Lupin Gives Direction On Pegfilgrastim And Ranibizumab

Indian major Lupin is continuing to further efforts on its three main growth drivers: biosimilars, inhalation products and long-acting injectables, management told the virtual J.P. Morgan Healthcare Conference in San Francisco.

Perrigo’s Loss Is Lupin’s Gain On Albuterol

Having gained from Perrigo’s US withdrawal of generic ProAir (albuterol sulphate), Lupin plans to ramp up capacity by its financial fourth quarter as demand is seen rising on account of flu and COVID-19 cases in the US. Meanwhile, FDA observations at its Somerset facility provide a dampener.

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