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Nestlé to buy Atrium Innovations in $2.3 billion deal

Nestlé to buy Atrium Innovations in $2.3 billion deal

Nestlé plans to acquire nutritional health product maker Atrium Innovations Inc. for $2.3 billion. Plans call for Montreal-based Atrium, which is being purchased from a group of investors led by Permira Funds, to become part of Nestlé Health Science, Nestlé said Tuesday.

Moberg realigns sales and marketing operations

Moberg realigns sales and marketing operations

Moberg Pharma AB is sharpening its focus on the North American marketplace as part of a reorganization of its sales and marketing operations. Moberg said it’s forming a global consumer health sales and marketing unit that includes both direct and distributor sales.

Lannett to distribute Toprol-XL generic

Lannett to distribute Toprol-XL generic

Lannett Co. has entered into an agreement with Aralez Pharmaceuticals Trading DAC, an Irish designated activity company, to become the exclusive U.S. distributor for metoprolol succinate extended-release tablets, a cardiovascular medication. Financial terms weren’t disclosed.

Unilever agrees to purchase Sundial Brands

Unilever agrees to purchase Sundial Brands

Unilever has announced an agreement to acquire Sundial Brands, a leading haircare and skincare company recognized for its innovative use of high-quality and culturally authentic ingredients. Sundial’s brands include SheaMoisture, Nubian Heritage, Madam C.J. Walker and nyakio.

Teva unveils reorganization plan

Teva unveils reorganization plan

Just over two months after naming a new chief executive officer, Teva Pharmaceutical Industries Ltd., the world’s largest maker of generic drugs, is reorganizing its business and leadership structure.

Greg Bradley named Foundation Consumer Healthcare CEO

Greg Bradley named Foundation Consumer Healthcare CEO

Foundation Consumer Healthcare (FCH) has named Greg Bradley president and chief executive officer. The move comes as Foundation Consumer Healthcare has completed its $675 million acquisition of Plan B One-Step and two value emergency contraceptive brands from Teva Pharmaceutical Industries Ltd.

AmerisourceBergen to buy H.D. Smith

AmerisourceBergen to buy H.D. Smith

AmerisourceBergen Corp. plans to acquire fellow pharmaceutical distributor H.D. Smith for $815 million in cash. The companies said late Monday that the transaction, pending regulatory review and other closing conditions, is expected to close in early 2018. Springfield, Ill.-based H. D.

Kaleo to launch Auvi-Q auto-injector for young children

Kaleo to launch Auvi-Q auto-injector for young children

Next year, Kaleo plans to release Auvi-Q 0.1 mg, a version of its epinephrine auto-injector for infants and small children. Kaleo said Monday that the Food and Drug Administration has approved its supplemental New Drug Application (sNDA) for Auvi-Q 0.