On Air Now

Upcoming Shows

Program Schedule »

Listen

Listen Live Now » 590 AM Kalamazoo, MI

Weather

Current Conditions(Kalamazoo,MI 49001)

More Weather »
57° Feels Like: 57°
Wind: NNW 12 mph Past 24 hrs - Precip: 0”
Current Radar for Zip

Tonight

Showers 45°

Tomorrow

AM Rain 61°

Fri Night

Mostly Clear 41°

Alerts

Allegan-based Perrigo purchases Velcera

by
A Perrigo lab technician working in a Perrigo building.  Photo courtesy of perrigo.com.
A Perrigo lab technician working in a Perrigo building. Photo courtesy of perrigo.com.

ALLEGAN (WKZO) -- Allegan-based drug maker Perrigo continues to expand.  Perrigo announced this week its acquisition of Velcera, a private company that makes products related to pet health.  The company paid for the Pennsylvania-based company with 160-million dollars up front in cash.

Perrigo makes a number of generic pharmaceuticals and over-the-counter drugs, and the purchase of Velcera will have them marketing over-the-counter products for animals.  That includes a number of products typically sold only by veterinarians.

Retail sales of the company's PetArmor brand of flea and tick-fighting products alone broke 100-million dollars last year after being on the market for less than two years.

Comments