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Lannett Co., Inc. engages in the development, manufacture, marketing, and distribution of generic pharmaceutical products. Its products include aqueous vitamin D 4; escitalopram oxalate; ranitidine syrup; danazol; primidone; and isonlazid. Read More The company was founded in 1942 and is headquartered in Philadelphia, PA.
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Lannett's CFO retires
Lannett (NYSE:LCI) announces that its Chief Financial Officer (CFO), Martin Galvan will retire on August 30. A search for successor is underway....
Yahoo FinanceMay 14
Here's Why Generic-Drug Manufacturers Were Down Monday
What happened Shares of generic-drug manufacturers were reeling Monday after the latest details of a price-fixing lawsuit were revealed. The case, which began years ago in Connecticut and Pennsylvania, now includes a stampede of attorneys general from 44 states alleging companies such as Teva Pharmaceutical (NYSE: TEVA), Mylan (NASDAQ: MYL), Lannett Company (NYSE: LCI), and Mallinckrodt (NYSE: MNK) inflated prices of common generic drugs by as much as 1,000%. According to reporting by The New York Times, ...
Expected Aug 27, After Hours