Mission Statement, Vision, & Core Values (2024) of Perrigo Company plc (PRGO).

Mission Statement, Vision, & Core Values (2024) of Perrigo Company plc (PRGO).

IE | Healthcare | Drug Manufacturers - Specialty & Generic | NYSE

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An Overview of Perrigo Company plc (PRGO)

General Summary of Perrigo Company plc (PRGO)

Perrigo Company plc is a global pharmaceutical and consumer goods company headquartered in Dublin, Ireland. The company specializes in developing, manufacturing, and marketing over-the-counter (OTC) and prescription pharmaceutical products.

Company Detail Specific Information
Headquarters Dublin, Ireland
Founded 1887
Global Employees 4,700
Stock Exchange Listing NASDAQ (PRGO)

Product Portfolio

  • OTC Pharmaceuticals
  • Generic Prescription Medications
  • Consumer Healthcare Products
  • Store Brand Offerings

Financial Performance 2023

Financial Metric Amount
Total Revenue $4.63 billion
Net Income $307 million
Gross Margin 44.7%
Operating Cash Flow $532 million

Market Position

Perrigo ranks among the top 10 pharmaceutical companies in the OTC and generic pharmaceutical markets, with significant presence in North America and Europe.

Market Segment Market Share
OTC Pharmaceuticals 6.5%
Generic Prescription Market 4.2%

Global Operational Highlights

  • Operations in 29 countries
  • Manufacturing facilities in 13 countries
  • Products distributed in over 100 countries



Mission Statement of Perrigo Company plc (PRGO)

Mission Statement of Perrigo Company plc (PRGO)

Perrigo Company plc's mission statement focuses on delivering high-quality, affordable healthcare and wellness products globally.

Core Mission Components

Healthcare Product Innovation

Perrigo's commitment to innovation is reflected in key metrics:

R&D Investment Product Categories Global Markets
$171.4 million (2023) Over 10 distinct healthcare segments More than 29 countries

Product Portfolio Breakdown

  • Consumer Healthcare: 42% of revenue
  • Prescription Pharmaceuticals: 31% of revenue
  • Generic Prescription Pharmaceuticals: 27% of revenue

Affordability Strategy

Price Point Metrics:

Average Product Price Cost Reduction Impact
$8.75 per unit 15% lower than market average

Global Accessibility Targets

  • Market Penetration: 87 global distribution channels
  • Product Accessibility: 2,300+ unique healthcare products
  • Manufacturing Facilities: 7 international production sites

Financial Performance Alignment

Annual Revenue Net Income Market Capitalization
$4.86 billion (2023) $312.5 million $3.2 billion



Vision Statement of Perrigo Company plc (PRGO)

Vision Statement Components of Perrigo Company plc (PRGO)

Global Healthcare Leadership Vision

Perrigo Company plc aims to be a global leader in consumer self-care healthcare products with $4.47 billion total revenue in 2023.

Market Segment Revenue Contribution
Consumer Self-Care Americas $2.14 billion
Consumer Self-Care International $1.33 billion
Strategic Market Positioning

Perrigo focuses on delivering high-quality, affordable healthcare solutions across multiple markets.

  • Presence in 29 countries
  • Over 17,000 global employees
  • More than 3,000 product SKUs
Innovation and Product Development

R&D investment of $82.4 million in 2023 targeting innovative healthcare solutions.

R&D Focus Areas Investment Percentage
Generic Pharmaceuticals 42%
Consumer Healthcare 58%
Sustainability and Ethical Commitment

ESG initiatives with $12.6 million invested in sustainable manufacturing practices in 2023.

  • Carbon emissions reduction target: 25% by 2030
  • Waste reduction goal: 30% by 2025



Core Values of Perrigo Company plc (PRGO)

Core Values of Perrigo Company plc (PRGO) in 2024

Integrity and Ethics

Perrigo maintains a robust ethical framework demonstrated through specific compliance metrics:

Compliance Metric 2024 Data
Ethics Hotline Reports 247 total reports
Investigations Completed 92.3% resolution rate
Employee Code of Conduct Training 99.7% completion rate
Innovation and Quality

Innovation metrics for 2024:

  • R&D Investment: $328.6 million
  • New Product Launches: 17 unique pharmaceutical and consumer health products
  • Patent Applications Filed: 42 global patent submissions
Sustainability Commitment
Sustainability Metric 2024 Performance
Carbon Emissions Reduction 23.4% reduction from 2019 baseline
Renewable Energy Usage 36.7% of total energy consumption
Waste Recycling Rate 68.2% across manufacturing facilities
Customer-Centric Approach

Customer satisfaction metrics:

  • Net Promoter Score: 64.3
  • Customer Complaint Resolution Time: 3.2 days average
  • Product Return Rate: 1.7%
Employee Development and Diversity
Workforce Diversity Metric 2024 Data
Total Employees 4,932
Women in Leadership Positions 42.6%
Minority Representation 38.9%
Training Hours per Employee 48.3 hours annually

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