Perrigo Finds Own Brand Of Profits In Generic Drugs

Today we'll look at Perrigo (PRGO). It's a leader in producing and distributing store-brand versions of popular over-the-counter medications sold at Wal-Mart, Target, Walgreen and other major retailers. As a recent New America article noted, consumers have been switching from branded originals to store-brand or generic products. And that shift has provided a boost for Perrigo. The company's sales growth has been accelerating in recent quarters,