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Lannett Company

Lannett Company

pharma
Trevose, PA · LCI · Public
Lannett Company is undergoing acquisition by Aurobindo Pharma for $250 million, pending FTC approval requiring divestiture of four drug products. The company recently achieved FDA approval for LANGLARA™, an interchangeable biosimilar insulin glargine, marking expansion into the biosimilar market.

Lannett Company, Inc. operates as a U.S.-based pharmaceutical firm dedicated to the comprehensive process of developing, manufacturing, packaging, commercializing, and distributing generic versions of established brand-name drugs. Its extensive product portfolio encompasses a wide array of dosage forms, including solid oral, extended-release, topical, liquid, nasal, ophthalmic, injectable, patch, foam, buccal, sublingual, and suspension preparations. These generic medications address a broad spectrum of therapeutic areas, such as cardiovascular health, central nervous system disorders, endocrinology, gastrointestinal issues, infectious diseases, pain management, respiratory conditions, and mental health. Notable among its offerings are generic versions of critical medications such as Levothyroxine Sodium, Fluphenazine, Posaconazole, Verapamil SR, Methylphenidate, Omeprazole, and Sumatriptan Nasal spray, alongside others like Amphetamine IR tablets and cocaine hydrochloride solution. Lannett serves a broad and diverse client base, encompassing generic pharmaceutical distributors, drug wholesalers, major chain drug retailers, private label distributors, mail-order pharmacies, other pharmaceutical companies, managed care organizations, hospital buying groups, and governmental entities. The company actively engages in strategic partnerships, maintaining supply and development agreements with key collaborators such as Summit Bioscience LLC, HEC Group, Dexcel Pharma, Elite Pharmaceuticals, RivoPharm, and numerous other entities. Founded in 1942, Lannett Company, Inc. maintains its headquarters in Trevose, Pennsylvania.

Employees
564
Mfg Plants
2
All Facilities
3
Activity
7/10
Type
Public

LCI Stock Price

Manufacturing Plants (2)

Levittown, PA
Levittown, PA
Manufacturing facility for generic pharmaceuticals
Philadelphia, PA
Philadelphia, PA
Manufacturing facility for generic pharmaceuticals

Other Facilities (1)

Trevose, PA
Trevose, PA · hq
Corporate headquarters