ANI Pharmaceuticals (ANIP): Mallinckrodt reported growing Acthar sal...

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Just the facts maam

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Just the facts maam

Re: None

Wednesday, 03/01/2023 4:25:11 AM

Wednesday, March 01, 2023 4:25:11 AM

Mallinckrodt reported growing Acthar sales to $140.9 million in Q4 from $125.7 million in Q3. In their earnings CC, MNK is projecting a 10% reduction in Acthar sales in 2023 due to competition. They are also planning to launch a next generation self-delivery device for Acthar in 2024.

MNK earnings

Given ANIP's growth strategy, it looks promising. Gaining sales from MNK while growing the number of non-MNK clients.

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