Perrigo

Perrigo Company plc
FormerlyPerrigo Inc. (before the 2013 tax inversion to Ireland)
TypePublic
ISINIE00BGH1M568
IndustryPharmaceutical
Founded1887 (1887) as L. Perrigo Company in Allegan, Michigan, U.S.
Founders Luther and Charles Perrigo
Headquarters
Key peoplePatrick Lockwood-Taylor (President and CEO)
Products
RevenueDecrease US$4.37 billion (2024)
Decrease US$113 million (2024)
Decrease US$−172 million (2024)
Total assetsDecrease US$9.65 billion (2024)
Total equityDecrease US$4.32 billion (2024)
Number of employees
8,379 (2024)
Subsidiaries
Websiteperrigo.com
Footnotes

Perrigo Company plc is an American Irish-registered manufacturer of private label over-the-counter pharmaceuticals, and while 70% of Perrigo's net sales are from the U.S. healthcare system, Perrigo is legally headquartered in Ireland for tax purposes, which accounts for 0.60% of net sales. In 2013, Perrigo completed the sixth-largest US corporate tax inversion in history when it reregistered its tax status to Ireland to avoid U.S. corporate taxes. Perrigo maintains its corporate headquarters in Grand Rapids, Michigan, within Michigan State University's Grand Rapids Innovation Park.

Perrigo engages in the acquisition (for repricing), manufacture, and sale of consumer healthcare products, generic prescription drugs, and active pharmaceutical ingredients (APIs), primarily in the United States, from its base in Ireland. On 21 December 2018, Perrigo suffered its biggest one-day share price fall in its history after the Irish Revenue Commissioners issued a tax claim against Perrigo that equated to half of its market value.