|Bid||5.00 x 1000|
|Ask||5.60 x 1000|
|Day's Range||5.24 - 5.56|
|52 Week Range||3.33 - 14.85|
|Beta (3Y Monthly)||3.03|
|PE Ratio (TTM)||N/A|
|Earnings Date||Aug 26, 2019 - Aug 30, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||8.88|
PHILADELPHIA , June 18, 2019 /PRNewswire/ -- Lannett Company, Inc. (NYSE: LCI) today announced that it has commenced marketing Aspirin and Extended-Release Dipyridamole Capsules, 25 mg/200 mg, the therapeutic ...
PHILADELPHIA , June 12, 2019 /PRNewswire/ -- Lannett Company, Inc. (NYSE: LCI) today announced its participation at two upcoming investor conferences. Schedule below: Raymond James 2019 Life Sciences ...
The Northeast Philadelphia generic drug company is co-developing the biosimilar with a Chinese partner.
PHILADELPHIA, June 5, 2019 /PRNewswire/ -- Lannett Company, Inc. (LCI) today announced the commencement of a human clinical trial of biosimilar insulin glargine, a product the company is co-developing with its strategic alliance partners within the HEC Group of companies (HEC). The trial, being conducted in South Africa, is the first clinical study to directly compare the Lannett/HEC insulin glargine to US Lantus® as part of the effort to file a biosimilar Biologics License Application with the U.S. Food and Drug Administration. Insulin glargine is a long-acting insulin used to treat adults with Type 2 diabetes, as well as adults and pediatric patients with Type 1 diabetes, for the control of high blood sugar.
NEW YORK , May 30, 2019 /PRNewswire/ -- A.O. Smith Corporation (AOS) Lifshitz & Miller announces investigation into possible securities laws violations in connection with allegations questioning AOS' access ...
PHILADELPHIA , May 29, 2019 /PRNewswire/ -- Lannett Company, Inc. (NYSE: LCI) today announced that it has commenced marketing Methylphenidate Hydrochloride Extended Release (ER) tablets USP (CII) in 18 ...
PHILADELPHIA, May 24, 2019 /PRNewswire/ -- Lannett Company, Inc. (LCI) today announced that the company's chief financial officer (CFO), Martin Galvan, 67, will retire on August 30, 2019, following the planned submission of the company's Form 10-K for fiscal year 2019. Lannett is conducting a search for its next CFO, which includes internal and external candidates, and has retained an executive search firm to assist in the process. "On behalf of the entire Board and management team, I thank Marty for his dedication and valuable contributions over his eight-year career at Lannett," said Tim Crew, chief executive officer of Lannett.
SAN DIEGO, May 23, 2019 /PRNewswire/ -- Shareholder Rights Law Firm Johnson Fistel, LLP is investigating potential violations of federal and state laws by Lannett Company, Inc. (LCI) ("Lannett") and certain of its officers. In 2017 a securities class action lawsuit was filed on behalf of purchasers of the securities of Lannett from July 15, 2014 and October 31, 2017, (the "Class Period"). The complaint alleges that Defendants made false and misleading statements regarding the Company's drug pricing methodologies and internal controls. On May 15, 2019, Judge Wendy Beetlestone denied defendants motion to dismiss.
PHILADELPHIA , May 23, 2019 /PRNewswire/ -- Lannett Company, Inc. (NYSE: LCI) today announced the appointment of Melissa V. Rewolinski , PhD, to its board of directors, effective July 1, 2019 . Following ...
Haeggquist & Eck, LLP, a leading shareholder rights litigation firm, is investigating whether certain officers and directors of Lannett Company, Inc. (“Lannett” or the “Company”) (LCI) breached their fiduciary duties to the Company and its shareholders. Lannett is a generic drug maker that grew quickly starting in 2013, largely due to big price increases. In fact, the price of its generic drug Digoxin, a life-saving heart failure drug, rose 857% from April 2013 to April 2015.
Crew noted that the company's solid financial performance over the last three quarters contributed to its ability to purchase the Term A Loans prior to maturity. In March 2019, the company completed the purchase of approximately $24 million principal amount of its Term A and Term B Loans in open market transactions, bringing the total purchases of its Term Loans to approximately $55 million over the last three months. These amounts are in addition to the company's required annual principal payments of approximately $67 million.
Shareholder rights law firm Robbins Arroyo LLP announces that Lannett Company (LCI) may face damages caused by a pending securities lawsuit action lawsuit. Investors filed a class action complaint against Lannett for alleged violations of the Securities Exchange Act of 1934. Extensive regulatory investigations revealed that Lannett was involved in an industry-wide conspiracy to fix prices and allocate territories for the sale of at least 18 different generic medications.
Bragar Eagel & Squire, P.C. is investigating potential claims against Lannett Company, Inc. (LCI) on behalf of Lannett stockholders. Our investigation concerns whether Lannett has violated the federal securities laws and/or engaged in other unlawful business practices. On May 7, 2019, Lannett filed a Form 10-Q stating that on May 1, 2019, the company and one of its employees received written notice from various state Attorneys General that they intend to bring claims alleging price fixing and anti-competitive behavior with respect to certain drug products, some of which are manufactured and distributed by the company. On this news, Lannett’s stock price fell by more than 15%, closing at $7.19 on May 8, 2019.
PHILADELPHIA, May 16, 2019 /PRNewswire/ -- Lannett Company, Inc. (LCI) today announced that it has begun marketing a generic version of Adderall®, an immediate-release (IR) mixed salt of a single entity Amphetamine tablet product (Dextroamphetamine Saccharate, Amphetamine Aspartate, Dextroamphetamine Sulfate, Amphetamine Sulfate), with strengths of 5 mg, 7.5 mg, 10 mg, 12.5 mg, 15 mg, 20 mg and 30 mg tablets.
NEW YORK , May 13, 2019 /PRNewswire/ -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Lannett Company, Inc. ("Lannett" or the "Company") ...
The Northeast Philadelphia generic drug maker said it received written notice from various state Attorneys General that they intend to bring claims alleging price fixing and anti-competitive behavior involving more drug products.
Holzer & Holzer, LLC is investigating whether certain statements made by Lannett Company, Inc. (“Lannett” or the “Company”) (LCI) complied with federal securities laws. On May 7, 2019, Lannett filed a Form 10-Q stating that on May 1, 2019 the Company and one of its employees received written notice from various state Attorneys General that they intend to bring claims alleging price fixing and anti-competitive behavior with respect to certain drug products, some of which are manufactured and distributed by the Company. The price of Lannett’s stock fell following the announcement. If you purchased shares of Lannett and suffered a loss on that investment, you are encouraged to contact Corey D. Holzer, Esq.
Quarterly operating results were pretty good, but the business disclosed that it may face a lawsuit along with other makers of generic drugs.