PERRIGO ANIMAL HEALTH AND PIEDMONT SIGN PARTNERSHIP AGREEMENT
Perrigo Animal Health is latest beneficiary of new medications developed by Piedmont Animal Health
OMAHA, Neb. and GREENSBORO, N.C., July 25, 2018 – Perrigo Animal Health and Piedmont Animal Health jointly announce that an agreement has been signed between the two companies to develop and commercialize a number of FDA-regulated medications for the companion animal market. Piedmont will be primarily responsible for developing and gaining regulatory approval, and Perrigo will commercialize the products and make them available through its world-class supply chain network.
The agreement will propel several new animal drug applications (NADAs) and generic drugs already in development at Piedmont. This partnership is the first between the two companies and marks significant milestones for both.
Ensuring a Robust Pipeline for Perrigo
“Perrigo delivers high quality pet health products to consumers through its portfolio of leading brands such as PetArmor®, Sentry®, and Petrodex®. We are committed to accelerating category sales by increasing retailer and consumer access to new and innovative products. The strategic partnership with Piedmont Animal Health is another example of our efforts to invest in and deliver new products to consumers searching for vet quality solutions with the convenience and affordability of a retail purchase,” says Neal Wilmore, Vice President and General Manager of Perrigo Animal Health.
Piedmont Expands Third-Party Partnerships
“Piedmont has been one of the most successful pharmaceutical companies in the industry in developing and gaining regulatory approval for animal health products,” states Roland Johnson, CEO of Piedmont. “We recognize that various products fit different channels, so we have recently expanded our third-party work accordingly. We are pleased that this partnership with Perrigo is the first to result from this expansion. Furthermore, Perrigo has a strategic vision that aligns with our own as well as an experienced commercial team to market novel product opportunities.”
About Perrigo Animal Health
Perrigo Animal Health is a division of Perrigo Company plc (NYSE: PRGO); (TASE: PRGO), a leading global manufacturer of over-the-counter healthcare products. With leading brands such as PetArmor®, Sentry®, and Petrodex®, Perrigo Animal Health brings vet quality solutions to consumers at retail with a commitment to making high quality, affordable pet care products for animals and their owners. For more information, visit https://www.perrigo.com/
About Piedmont Animal Health
Piedmont Animal Health, a Greensboro, N.C.-based company, is led by a team of experienced veterinary pharmaceutical innovators. A leader in innovation, Piedmont is dedicated to developing novel medications that improve compliance and ease of use. Piedmont specializes in inventing, developing, and gaining FDA approval for medications that are then out licensed to major animal health companies for commercialization. For more information, visit PiedmontAnimalHealth.com.