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LCI - Lannett: Building Success One Step At A Time
Lannett Co Inc
It has long been said, and as history proves, bad things happen to good people. And it follows that bad things happen to good companies. Good companies fail. Evidence? How about a quick comparison of the Fortune 25 for the year 2000 to that for the year 2019 finds only 8 companies from the 2000 list still exist on the 2019 list. The other 17 companies? They were either acquired, dropped down the list due to competitors beating them, or they went bankrupt.
So, it is not unfathomable that a 70-plus year-old company like Lannett