Mylan Laboratories, Inc. (NASDAQ:MYL)
CAPS Rating:
The Company develops, licenses, manufactures, markets and distributes generic, brand and branded generic pharmaceutical products and active pharmaceutical ingredients.
The Company develops, licenses, manufactures, markets and distributes generic, brand and branded generic pharmaceutical products and active pharmaceutical ingredients.
Recs
Mylan makes generic drugs and the name brand companies are not investing in new drugs. 5, 6 or 7 years down the road more patents will expire and those drugs will go generic. People will want cheaper drugs in this economy. Mylan is building a new warehouse that is already 60% of capacity before the first wall went up.