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Lannett Company, Inc. (LCI)

43.46 2.11(5.10%) Sep 22, 4:01PM EDT
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Lannett Company, Inc.
9000 State Road
Philadelphia, PA 19136
United States - Map
Phone: 215-333-9000

Index Membership:N/A
Industry:Drug Manufacturers - Other
Full Time Employees:399

Business Summary 

Lannett Company, Inc. develops, manufactures, packages, markets, and distributes generic versions of branded pharmaceutical products in the United States. It offers solid oral, extended release, topical, and oral solution finished dosage forms of drugs that address a range of therapeutic areas. The company provides its products for various medical indications comprising glaucoma, migraine, antibiotic, pain management, anesthetic, endometriosis, anxiety, irritable bowel syndrome, obesity, congestive heart failure, antipsychotic, tuberculosis, thyroid deficiency, dryness of the mouth, epilepsy, gout, low sodium, bronchospasms, hypertension, and gallstone, as well as HIV. It also manufactures active pharmaceutical ingredients. Lannett Company, Inc. markets its products under the Diamox, Fioricet, Fiorinal, Fiorinal w/ Codeine #3, Cleocin, Danocrine, Valium, Bentyl, Tenuate, Dospan, Lanoxin, Adoxa, Periostat, Prolixin, Dilaudid, Niazid, Levoxyl, Synthroid, Loxitane, Adipex-P, Fastin, Salagen, Mysoline, Benemid, Rifadin, Brethine, Dyazide, Actigall, and Retrovir brands. The company sells its pharmaceutical products to generic pharmaceutical distributors, drug wholesalers, chain drug retailers, private label distributors, mail-order pharmacies, other pharmaceutical manufacturers, managed care organizations, hospital buying groups, governmental entities, and health maintenance organizations. It has development and supply agreements with Azad Pharma AG, Swiss Caps of Switzerland, Pharma 2B, the GC Group of Israel, and HEC Pharm Group, as well as with Jerome Stevens Pharmaceuticals, Inc., Cerovene, and Summit Bioscience LLC. The company was founded in 1942 and is based in Philadelphia, Pennsylvania.

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Corporate Governance 
Lannett Company, Inc.’s ISS Governance QuickScore as of Sep 1, 2014 is 7. The pillar scores are Audit: 1; Board: 9; Shareholder Rights: 3; Compensation: 9.
Brought to you by Institutional Shareholder Services (ISS)

Key Executives 
Mr. Arthur P. Bedrosian J.D., 69
Chief Exec. Officer, Pres, Director and Chairman of Strategic Planning Committee
Mr. Martin P. Galvan CPA, 62
Chief Financial Officer, VP of Fin. and Treasurer
Mr. William F. Schreck , 65
Chief Operating Officer
Mr. Ernest J. Sabo , 66
Chief Compliance Officer and VP of Regulatory Affairs
Mr. Kevin R. Smith , 54
VP of Sales & Marketing
Amounts are as of Dec 31, 2014 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
Currency in USD.
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