Can This Pharma Go From Good to Great?

motley-fool-logo

Actavis PLC’s (NYSE: ACT) stock just keeps climbing. Over the past two years, the share price has jumped by an astounding 230%.

Even before its recent acquisition of Allergan (NYSE: AGN) , which, at $66 billion, was the biggest healthcare deal in six years, the generic-drug company has transformed itself from a small fish in a crowded pond into a major pharmaceutical contender. Looking back almost five years, when Actavis was called Watson Pharmaceuticals, the company has streaked up more than 625%. With that kind of stellar performance, a lot of people would consider Actavis already a “great” company, and due for a breather.

Those people might be forgetting about the company’s brash CEO, Brent Saunders, whom Forbes recently called “the hottest executive in the global pharmaceutical business.” Saunders has always been impatient to do more.

(Continued on The Motley Fool. Picture: actavis.com)

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s