Question

Firm: Allgeran 1. Describe your firm 2. Explain your firm’s market size and the growth rate...

Firm: Allgeran

1. Describe your firm
2. Explain your firm’s market size and the growth rate
3. What is the firm trends?

Homework Answers

Answer #1

1. Allergan is a multinational pharmaceutical company. The company performs research and development and produced branded drugs.The company was formed in 2015, when Actavis acquired Allergea and assumed the name Allergan. The companies products cover Dermatology, Aesthetics, Plastic surgery, Eyecare, Urology etc. Some of its products include Botox, Namenda, Bystolic, Estrace, Dalvance etc. The company has its headquarters in Ireland, Dublin.

2. Net revenues of Allergen in the first quarter of 2018 stand at $3.7 Billion. Allegan's total revenue increased by 2.78% year on year in the first quarter of 2018. But, this revenue growth way below the 9.23% average revenue growth of its competitors.

3. Allegan's revenue growth is way below the 9.23% average revenue growth of its competitors during the first quarter o f 2018. The firm is currently trading close to $152. on NYSE.

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