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Lannett Company, Inc. (LCI)


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Lannett Company, Inc.

9000 State Road
Philadelphia, PA 19136
United States
215-333-9000
http://www.lannett.com

SectorHealthcare
IndustryDrugs - Generic
Full Time Employees1,149

Key Executives

NameTitlePayExercisedAge
Mr. Arthur P. Bedrosian J.D.CEO & Director1.55M461.18k71
Mr. Martin P. Galvan CPAChief Financial Officer, VP of Fin. and Treasurer900.61kN/A65
Mr. Robert EhlingerChief Information Officer and VP of Logistics522.05k1.16M60
Mr. Kevin R. SmithSr. VP of Sales and Marketing539.84kN/A57
Mr. John M. AbtVP of Quality479.75kN/A52
Amounts are as of December 31, 2016 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.

Description

Lannett Company, Inc. develops, manufactures, packages, markets, and distributes generic versions of brand pharmaceutical products in the United States. It offers solid oral, extended release, topical, nasal, and oral solution finished dosage forms of drugs that address a range of therapeutic areas, as well as ophthalmic, patch, foam, buccal, sublingual, soft gel, and injectable dosages. The company provides its products for various medical indications comprising glaucoma, muscle relaxant, migraine, anesthetic, congestive heart failure, gastrointestinal, cardiovascular, thyroid deficiency, central nervous system, urinary, dryness of the mouth, gout, hypertension, and gallstone. It also manufactures active pharmaceutical ingredients. Lannett Company, Inc. markets its products under the Diamox, Fioricet, Fiorinal, Lanoxin, MiraLAX, Imdur, Levoxyl/Synthroid, Metadate CD, Concerta, Procardia, Prilosec, Ditropan, Protonix, Salagen, Dyazide, and Actigall 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. The company has supply and development agreements with JSP, Summit Bioscience LLC, HEC Pharm Group, and Pharma Pass II LLC. Lannett Company, Inc. was founded in 1942 and is based in Philadelphia, Pennsylvania.

Corporate Governance

Lannett Company, Inc.’s ISS Governance QualityScore as of July 1, 2017 is 2. The pillar scores are Audit: 5; Board: 5; Shareholder Rights: 2; Compensation: 4.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.