Mylan May Be Gem in Rough Generic Sector - News Summed Up

Mylan May Be Gem in Rough Generic Sector


Generic drug companies like Mylan have been out of favor with investors for several years. It might finally be time to bet on a turnaround. Mylan, which reported first-quarter sales of $2.7 billion and adjusted earnings of $0.96 a share on Wednesday morning, looks especially interesting. Those figures, down 1% and up 3% from a year earlier, respectively, were hardly spectacular.


Source: Wall Street Journal May 09, 2018 17:02 UTC



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