12 Best Low Price Pharma Stocks To Invest In Right Now

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6. Elanco Animal Health Incorporated (NYSE:ELAN)

Share Price as of the Close of February 21: $11.02

Elanco Animal Health Incorporated (NYSE:ELAN) is an animal health company that delivers services and products that prevent and treat disease in pets and farm animals and stands sixth among the best low price pharma stocks to invest in right now. Cats, dogs, cattle, swine, poultry, and sheep are the main species that are served by its varied portfolio.

Elanco Animal Health Incorporated (NYSE:ELAN) offers two categories of products: Pet Health and Farm Animal. The Pet Health portfolio focuses on immunizations, treatments, and parasiticides. Additionally, it sells products that provide defense against internal parasites, fleas, and ticks. The Farm Animal portfolio comprises a complex array of items with an emphasis on pigs, cattle, and poultry. Among them are Comforta, Catosal, Maxiban, Monteban, Rumensin, Experior, Baycox, and Denagard.

Elanco Animal Health Incorporated (NYSE:ELAN) has shown tremendous growth potential and is strategically focused on optimizing its operations while advancing its creative product pipelines. Credelio Quattro’s anticipated Q1 2025 introduction is anticipated to bolster the business’s standing in the parasiticide market. Additionally, it is projected that Experior’s robust performance—mainly in the heifer market—will play a major role in its expansion in 2025.

The possible success of these products, along with the continued growth of Zenrelia, a JAK inhibitor that was introduced in late September 2024 to treat atopic dermatitis and pruritus in dogs, is anticipated to support revenue growth and further solidify Elanco Animal Health Incorporated’s (NYSE:ELAN) position in the market over the coming years.

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