Novartis inks deal to buy rest of Alcon
Novartis has entered an agreement to acquire the remaining interest of eye care company Alcon Inc. that it doesn’t already own. Novartis said Wednesday that under the stock-and-cash deal, valued at $12.
Supplier News
J&J appoints vice chairmen in executive moves
Johnson & Johnson has named Alex Gorsky and Sheri McCoy as vice chairmen of its executive committee and said they will join board chairman and chief executive officer William Weldon in an expanded office of the chairman.
Tessalon capsules pose risk to kids, FDA warns
The "candy-like appearance" of Tessalon (benzonatate) liquid cough suppressant capsules presents a risk to young children, and the medication should be kept in child-proof containers, according to the Food and Drug Administration.
Pfizer names chairman in wake of Kindler’s exit
George Lorch has been elected as nonexecutive chairman of the board at Pfizer Inc. The move comes after the exit of chairman, president and chief executive officer Jeffrey Kindler, who Pfizer said last week has retired.
CVS veteran joins Market Performance Group
Former CVS category management executive Steve Ortleb has joined Market Performance Group (MPG). The consumer sales and marketing strategy firm said Ortleb will serve as a director on the MPG Sales & Retail Services team and as a retail adviser for the MPG Strategy Consulting group.
Mylan gets approval for generic Adalat CC
Mylan Inc. has been cleared by the Food and Drug Administration to market nifedipine extended-release tablets for the treatment of hypertension. The company said Friday that its Mylan Pharmaceuticals Inc.
Little Colds Honey Elixir joins Little Remedies line
Prestige Brands Inc. has added Little Colds Honey Elixir, a nonmedicated treatment for cough and sore throat, to its Little Remedies line of pediatric over-the-counter products.
Rolaids Softchews recalled by J&J’s McNeil
In another recall, Johnson & Johnson’s McNeil Consumer Healthcare unit is pulling back all lots of the soft chewable versions of its Rolaids antacid.
American Greetings adds new LCD Christmas cards
Expanding its menu of options for holiday greetings, American Greetings Corp. has introduced new digital slideshow cards that come preloaded with Christmas images or can be customized with favorite photos.
Helen of Troy to buy Kaz
Helen of Troy Ltd. plans to acquire health care and home products maker Kaz Inc. for $260 million. Helen of Troy said Thursday that the cash deal is slated to be completed by Dec. 31, pending the closing of financing for the transaction, regulatory approvals and other conditions.
Trident sugar-free gum adds Vitality flavors
Cadbury is extending its Trident line of sugar-free gum with Trident Vitality, which is designed to bring a more sophisticated blend of flavors.
EcoTools expands Silverstone beauty collection
Bath and beauty supplier EcoTools this spring plans to roll out new items, along with a new look and revised sets, for its popular Alicia Silverstone collection. The eco-friendly brand, part of Paris Presents Inc.
CoverGirl signs Taylor Swift for new cosmetics line
Grammy-winning singer Taylor Swift has signed up with CoverGirl to represent a new-generation luxury makeup line called NatureLuxe.
Children’s Advil promotion touts fever relief
Pfizer Inc. has teamed up with actress and model Angie Harmon in a promotion for its Children’s Advil ibuprofen pain reliever and fever reducer.
GE executive takes the helm at NBTY
NBTY Inc. has named Jeffrey Nagel as chief executive officer, succeeding Scott Rudolph, who will remain chairman. The nutritional supplement manufacturer, marketer and distributor said Nagel assumed his new duties on Monday and will be based in Ronkonkoma, N.Y.
P&G’s Gillette scores with NHL star Ovechkin
Procter & Gamble Co. has unveiled a multiyear partnership with National Hockey League star Alex Ovechkin to serve as a Gillette brand ambassador.