Perrigo Receives FDA Approval to Market Coated Cinnamon Ni... ( ALLEGAN Mich. July 21 2011 /- The Per...)

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Perrigo Receives FDA Approval to Market Coated Cinnamon Nicotine Gum

Date:7/21/2011

ALLEGAN, Mich., July 21, 2011 /PRNewswire/ -- The Perrigo Company (Nasdaq: PRGO;TASE) today announced that it has received approval from the U.S. Food and Drug Administration (FDA) to market over-the-counter coated nicotine polacrilex gum USP, 2 mg and 4 mg cinnamon flavor.

The product will be marketed under store brand labels and is comparable to GlaxoSmithKline's Nicorette® Cinnamon Surge™ coated gum, which is a stop smoking aid. "This approval of coated cinnamon nicotine gum extends our leading store brand position. The expanded range of smoking cessation products also includes coated mint-flavored gum, coated fruit wave, uncoated gum and lozenges," said Joseph C. Papa, Perrigo's Chairman and Chief Executive Officer. Nicorette® Cinnamon Surge™ gum is selling at an annual rate estimated at over $40 million at all retail outlets. First shipments are expected to ship this fall.

Perrigo Company is a leading global healthcare supplier that develops, manufactures and distributes OTC and generic prescription (Rx) pharmaceuticals, infant formulas, nutritional products, active pharmaceutical ingredients (API) and pharmaceutical and medical diagnostic products. The Company is the world's largest store brand manufacturer of OTC pharmaceutical products and infant formulas. The Company's primary markets and locations of manufacturing and logistics operations are the United States, Israel, Mexico, the United Kingdom and Australia. Visit Perrigo on the Internet (http://www.perrigo.com).

Note: Certain statements in this press release are forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and are subject to the safe harbor created thereby. These statements relate to future events or the Company's future financial performance and involve known and unknown risks, uncertainties and other factors that may cause the actua
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