Monday, July 9, 2007

Mylan Laboratories

Mylan Laboratories is among the world’s largest Pharmaceuticals sector businesses in the world.  Mylan Laboratories’s employees generate $217.3M in profits on $1.612B of revenue.  Global output in the Pharmaceuticals business will likely rise substantially over the next 10 years.  Long-term economic growth may lift all boats, but Mylan Laboratories is determined to remain a market leader.  Sectoral leadership in the Pharmaceuticals segment takes dedication and consistency, but management seeks out-sized growth.

Mylan Laboratories’s ticker symbol MYL has recently been trading near $18.05 a share.  The Mylan Laboratories corporate headquarters in Canonsburg PA predicts Pharmaceuticals profits will satisfy shareholders in search of risk-appropriate returns.

The significance of market volume is sometimes ignored, but with a total market capitalization of $4.488B ensures sufficient liquidity.  With a beta of 0.80, the company is less volatile than the market as a whole.  When the average equity moves lower, Mylan Laboratories moves less aggressively.

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