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Supplier News

P&G wraps up sale of Pringles to Kellogg

Procter & Gamble Co. has finalized the sale of its Pringles snack business to Kellogg Co. for nearly $2.7 billion. P&G said Thursday that with the cash transaction, effective June 1, it expects an after-tax gain of $1.4 billion to $1.5 billion, or 47 cents to 50 cents per share.

iD gum from Kraft targets teen market

Kraft Foods Inc. is debuting a gum with package and stick designs aimed at teenagers. Considered as Kraft’s most significant gum launch in years, iD gum is a subbrand of the company’s Stride gum and comes in similar packaging. However, the 14-stick packs of iD display original art, and each stick is

ScarAway expands retail distribution

Mitchell-Vance Laboratories LLC’s ScarAway scar treatment has been added to the mix in nearly 800 more food/drug stores and other retail outlets nationwide. Company executives said that new outlets carrying the product include stores operated by Harris Teeter Inc., Shopko Stores Operating Co.

Hershey backs product rollouts with promos

Hershey Co. is readying more new products and promotions after having already launched a spate of new items this year. Seven products have made their debut in 2012, and another — Hershey’s Simple Pleasures Chocolate — is shipping this month.

Mylan releases HIV/AIDS medication

Mylan Inc. is launching nevirapine tablets 200 mg, indicated for the combination antiretroviral (ARV) treatment of HIV-1 infection. The company said Wednesday that its Mylan Pharmaceuticals Inc. has begun shipping the medication after receiving final approval from the Food and Drug Administration.

Endo Pharmaceuticals adopts new identity

Endo Pharmaceuticals Holdings Inc. is getting a new company name: Endo Health Solutions Inc. The company said Endo Pharmaceuticals stockholders voted in favor of the name change on Wednesday at the annual shareholders meeting.

Perrigo to launch Gynazole-1 generic

Perrigo Co. has received approval from the Food and Drug Administration for butoconazole nitrate 2% vaginal cream. The company said Tuesday that the antifungal medication, used to treat vaginal yeast infections, is the generic equivalent of Gynazole-1.

TWIST-IT, Bugables stickers thwart mosquitoes

PIC Pest Free Living has rolled out TWIST-IT and Bugables Mosquito Repellent Stickers, which provide a new level of convenience in protection against the summertime pests. Bugables and TWIST-IT stickers eliminate the need to apply repellent on the skin.

Dr. Reddy’s to market store-brand Prevacid

Dr. Reddy’s Laboratories has launched over-the-counter lansoprazole delayed-release capsules in the U.S. market. The company said Monday that its 15-mg lansoprazole capsules come in pack sizes of 14-, 28- and 42-count and will be marketed under store brand labels in the United States.

UrgentRx eyes bigger retail distribution

Over-the-counter medicine startup UrgentRx is readying for national expansion. The company said Monday that it has closed on $3 million round of financing, led by Los Angeles-based venture-capital fund JUMP Investors.