PITTSBURGH – Foundation Consumer Healthcare (FCH) announced Friday that it has entered into a definitive agreement to sell a portion of its over-the-counter (OTC) consumer health and wellness brands to Prestige Consumer Healthcare Inc. The portfolio will include ten OTC brands, including Breathe Right® Nasal Strips and Anbesol. The sale will not include FCH’s Women’s Health business, anchored by its flagship product, Plan B One-Step emergency contraception.
“We’ve made the strategic decision to focus on women’s health,” said FCH CEO Greg Bradley. “Plan B One-Step has a long-standing heritage in the emergency contraception space. This decision enables us to unlock additional value for the company and explore new partnerships and opportunities in which to grow this portfolio.”
For more than 20 years, Plan B One-Step has been used safely and effectively by millions of women and has been FDA-approved and available over the counter without a prescription or age restriction since 2013.
