Mylan N.V. has rejected an unsolicited bid to be acquired by Teva Pharmaceutical Industries Ltd. in a cash-and-stock deal valued at more than $40 billion. Mylan said Monday that its board of directors unanimously voted against Teva’s offer, which was announced on April 21.
Moberg Pharma AB has acquired baby care and skin care brand Balmex from Chattem Inc., the U.S. consumer health division of Sanofi, for $3.9 million.
Pharmacy automation provider QS/1 has partnered with Community Care of North Carolina (CCNC) to help sharpen coordination among health care providers.
L’Oréal USA has formed the Multi-Cultural Beauty division to encompass Dark & Lovely, Optimum Salon Haircare, SoftSheen-Carson Professional, Magic Shave and newly acquired Carol’s Daughter. The goal of the MCB division is to fulfill the needs of the underserved multicultural beauty consumer.
For the second time this week, Perrigo Co. plc has rejected an acquisition offer from Mylan N.V. On Friday morning, Mylan announced a formal offer to buy Perrigo for $60 per share in cash and 2.2 Mylan ordinary shares for each Perrigo ordinary share. Based on the prior day’s close, the deal
Keith Edgett has joined Carma Laboratories Inc., the maker of Carmex lip balm products, as vice president of research and development. Carma said Friday that in the role, Edgett is responsible for leading all areas of product development, global regulatory compliance and product innovation.
Nipro Diagnostics Inc. has gained approval from the Food and Drug Administration for the True Metrix Air Self-Monitoring blood glucose system, which enables people with diabetes to test blood glucose and deliver data wirelessly to a smartphone.
Reckitt Benckiser (RB) has recalled certain lots of liquid bottles of its over-the-counter Mucinex Fast-Max cough/cold medicines because of a labeling discrepancy. RB said the voluntary recall, announced this week, stemmed from a confirmed report by a retailer.
Matthew Mannelly is retiring as president and chief executive officer of Prestige Brands Holdings Inc. and will be succeeded by chief financial officer Ron Lombardi. Prestige Brands said late Wednesday that Mannelly is slated to retire on June 1.
Kaz USA Inc.’s new Febreze Tabletop Air Purifier, designed to help combat allergens, is being sold in the allergy aisle at select CVS/pharmacy stores nationwide.
Novo Nordisk Inc. has launched Saxenda, a weight-control drug delivered via an injector pen, in the United States. The company said Wednesday that Saxenda (liraglutide injection) is the first, once-daily glucagon-like peptide-1 (GLP-1) receptor agonist for chronic weight management in adults.
National Sales Solutions (NSS) has hired Doug Mackenzie as vice president of international sales. The consumer packaged goods sales and marketing firm said Tuesday that Mackenzie will work with clients looking to expand distribution and grow their business outside of the United States.
Hershey Co. has expanded its lineup of chocolate candy with the new Hershey’s Caramels. Made with sea salt, molasses and fresh dairy butter, each piece of Hershey’s Caramels provides a silky, smooth texture and flavor.
Galderma Laboratories L.P. is promoting its new over-the-counter acne treatment, Benzac Acne Solutions, with the company’s first-ever webisode series.
The board of directors of Perrigo Co. plc has unanimously rejected Mylan N.V.’s unsolicited bid to buy the company. Perrigo said late Tuesday that Mylan’s $205-per-share offer earlier this month, a deal estimated at about $29 billion, undervalues the company and its growth prospects.
Market Performance Group (MPG) announced that founding partner Tim Toohey is retiring and that the company has named two new members to its advisory board.
