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Supplier News

Pozen to sell Vimovo U.S. rights to Horizon

Horizon Pharma USA Inc. plans to acquire the U.S. rights for Vimovo (naproxen and esomeprazole magnesium) delayed-release tablets from Pozen Inc. Pozen said Tuesday that under its agreement with AstraZeneca AB and Horizon Pharma USA, Horizon will acquire the U.S.

OPI CEO Schaeffer to retire

Coty Inc. has announced the retirement of OPI founder and chief executive officer George Schaeffer. The beauty care giant said Thursday that Schaeffer will continue to work with OPI’s management team in a newly created role as OPI’s strategic board adviser.

HONEST Tea adds to organic bottled tea lineup

Organic bottled tea maker HONEST Tea is now offering Unsweet Lemon Tea nationally. The company said Wednesday that the the unsweetened, zero-calorie beverage, which is brewed with USDA organic, Fair Trade Certified tea leaves from India, is flavored with organic lemon extract and is available in 16.

Bai Brands, Dr. Pepper Snapple team on distribution

Bai Brands, makers of the Bai 5 line of natural beverages, has entered a distribution agreement with Dr. Pepper Snapple Group. The companies said Tuesdayt that they will now partner in most major markets after having worked together over the last two years in select markets across the country.

Elan shareholders OK sale to Perrigo

The shareholders of Elan Corp. plc have approved the company’s acquisition by Perrigo Co. Ireland-based Elan said Monday that the approval came via two special meetings of shareholders: a special court-ordered meeting and an extraordinary general meeting.

Kimberly-Clark eyes spinoff of health unit

The board of Kimberly-Clark Corp. has authorized management to explore a potential tax-free spinoff of the company’s health care business. Kimberly-Clark said Thursday that a spinoff of K-C Health Care would create a stand-alone, publicly traded health care company with about $1.

P&G unveils organizational changes

Procter & Gamble Co. has announced the retirement of three senior executives and the departure of another. The consumer products giant said Wednesday that Dimitri Panayotopoulos, vice chairman and advisor to chairman and chief executive officer A.G. Lafley, is slated to retire effective Jan.