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Supplier News

GSK puts Advantage Brands plan in action

GlaxoSmithKline Consumer Healthcare (GSK) has established several key sales, marketing and merchandising objectives for its retail partners in 2010 to capitalize on its Advantage Brands strategy, according to Mike McCormick, director of the initiative.

P&G extends Vicks DayQuil line

Procter & Gamble Co. has introduced a cough remedy that’s aimed at helping to eliminate one of a cough’s most embarrassing aspects: clearing mucus from the throat. P&G’s new Vicks DayQuil Mucus Control and DayQuil Mucus Control DM are designed to loosen and thin mucus.

Novartis to get rights to heart failure drug via acquisition

Novartis stands to gain exclusive global rights to heart failure drug relaxin through a deal to acquire U.S. biopharmaceutical firm Corthera Inc. The Swiss pharmaceutical giant said Wednesday that, under the agreement, it plans to acquire all of the outstanding shares of San Mateo, Calif.

Energizer Holdings board member to step down

Energizer Holdings Inc. director Joe Micheletto has resigned from the household and personal care manufacturer’s board. The company said Thursday that Micheletto is retiring and plans to step down from the board effective January 2.

Merck to buy Avecia Biologics

Merck & Co. has agreed to acquire Avecia Biologics, a contract manufacturing organization specializing in microbial-derived biologics. Financial terms of the deal weren’t disclosed. Under the agreement, made with Avecia Investments Ltd.

Unilever appoints Bristol-Myers exec as CFO

Jean-Marc Huet, currently chief financial officer at Bristol-Myers Squibb Co., is joining Unilever as CFO. Unilever said Wednesday that the 40-year-old Huet will take over the company’s CFO post starting January 1.

Bristol-Myers Squibb names acting CFO

Bristol-Myers Squibb Co. has appointed Charles Bancroft as acting chief financial officer, effective January 1. The pharmaceutical company said Monday that Jean-Marc Huet, executive vice president and CFO, will leave the firm at the end of this year.

Alberto Culver to acquire Simple Health & Beauty

Alberto Culver Co. plans to buy Simple Health & Beauty Ltd., a United Kingdom-based skin care supplier, from private equity fund Duke Street for 240 million pounds ($390 million). The deal is expected to close by the end of this year, Alberto Culver said Monday. The company noted that Simple is

Study: Organic products not drawing more consumers

Although many traditional retailers are expanding their offerings of organic food and beauty products, there has actually been no growth in the number of U.S. consumers that purchase these products, according to a study by market research firm TABS Group.

P&G to buy Sara Lee air care business

Procter & Gamble Co. has entered an agreement to acquire Sara Lee Corp.’s Ambi Pur air care business for 320 million euro ($470 million). P&G said Friday that, under the terms of the deal, it will purchase Ambi Pur, a leading global air care brand with presence in 80 countries, as well as several