Lannett Company, Inc. founded in 1942, develops, manufactures and distributes generic prescription pharmaceutical products in tablet, capsule and oral liquid forms to customers throughout the United States. Lannett markets its products primarily to drug wholesalers, retail drug chains, distributors, and government agencies. They employ a staff of dedicated people who work together to produce drug products that sick people can afford to buy that will treat their illness, make them well, reduce suffering and improve the quality of their lives.The staff at Lannett come from unusually diverse demographic backgrounds. The company is 28.5% female and 41.7% ethnic minorities. Lannett employees are slightly more likely to be members of the Republican Party than the Democratic Party, with 53.0% of employees identifying as members of the Republican Party. Despite their political differences, employees at Lannett seem to be happy. The company has great employee retention with staff members usually staying for 4.0 years.The average employee at Lannett makes $67,940 per year. In comparison, some of its highest paying competitors, like Nostrum Laboratories, Johnson & Johnson, and Ranbaxy Pharmaceuticals Inc, pay $77,111, $76,686, and $74,276, respectively.A large pharmaceutical company with 1,020 employees and an annual revenue of $340.0M, Lannett is headquartered in Philadelphia, PA.
Lannett's Mission Statement
Committed to providing high quality, cost-effective pharmaceutical products. Its focus is the development and manufacturing of bio-equivalent generic substitutes for branded products with a wide range of medical indications.
Lannett is ranked #46 on the Best Pharmaceutical Companies to Work For in America list. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity.
The average a Lannett salary in the United States is $67,940 per year.
Lannett employees in the top 10 percent can make over $123,000 per year,
while Lannett employees at the bottom 10 percent earn less than $37,000 per year.
Average Lannett Salary
$67,940
yearly
$32.66 hourly
Updated March 14, 2024
Rate Lannett's commitment to diversity and inclusion.
Lannett diversity
9.4
Diversity Score
We calculated Lannett’s diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of Lannett’s workforce.
Lannett diversity summary. Zippia estimates Lannett's demographics and statistics using a database of 30 million profiles. Zippia verifies estimates with BLS, Census, and current job openings data for accuracy. We calculated Lannett's diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of Lannett's workforce.
Lannett has 1,020 employees.
28% of Lannett employees are women, while 72% are men.
The most common ethnicity at Lannett is White (58%).
16% of Lannett employees are Asian.
13% of Lannett employees are Hispanic or Latino.
The average employee at Lannett makes $67,940 per year.
Lannett employees are most likely to be members of the republican party.
Employees at Lannett stay with the company for 4.0 years on average.
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Lannett Financial Performance
9.8
Performance Score
We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance.
Lannett currently has 340.6M in revenue. Lannett's most recent quarter produced 80.5m (q3'2023).
Lannett annual revenue
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Highest paying Lannett competitors
Compare Lannett salaries to competitors, including Nostrum Laboratories, Johnson & Johnson, and Ranbaxy Pharmaceuticals Inc. Employees at Nostrum Laboratories earn the highest average yearly salary of $77,111. The salaries at Johnson & Johnson average $76,686 per year, and the salaries at Ranbaxy Pharmaceuticals Inc come in at $74,276 per year.
Zippia gives an in-depth look into the details of Lannett, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Lannett. The employee data is based on information from people who have self-reported their past or current employments at Lannett. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Lannett. The data presented on this page does not represent the view of Lannett and its employees or that of Zippia.
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