Bristol-Myers Squibb Co. plans to split off its holdings in former subsidiary Mead Johnson Nutrition Co. through a stock swap. The maker of Enfamil infant formula and other pediatric nutrition products, Mead Johnson completed an initial public offering in February.
Novartis has launched Prevacid 24HR, which the pharmaceutical giant bills as the first and only over-the-counter proton pump inhibitor (PPI) for the treatment of frequent heartburn in its original formulation.
Prilosec OTC has teamed with the National Football League and hall-of-fame coach and commentator John Madden to create a new award for players.
Unilever is combining its antiperspirants, deodorant and hair care group with its skin care business to create a personal care business unit based at its North American headquarters in Englewood Cliffs, N.J.
The way people communicate is rapidly changing, and American Greetings Corp. is evolving right along with these changes.
Product of the Year USA moved one step closer to selecting the year’s most unique and innovative products when a panel of judges narrowed the field of eligible items. During the judging, the 30-member panel headed by Walgreen Co. chief innovation officer Colin Watts rated nearly 40 new products.
Start-up Blacksmith Brands Inc. has wrapped up its acquisition of five over-the-counter consumer products brands from McNeil-PPC Inc. and unveiled a partnership with The Emerson Group.
IMS Health has agreed to be acquired by investment funds managed by financial firms TPG Capital and the CPP Investment Board in a $5.2 billion deal.
As part of a restructuring, Johnson & Johnson plans to eliminate up to 7% of its global workforce, or roughly 8,200 jobs. The health care products giant, which has 117,000 employees worldwide, said Tuesday that it’s targeting job cuts in the range of 6% to 7% as it looks to sharpen
American Greetings Corp. is introducing cards that include a CD containing a mixed compilation of popular music. The greeting cards giant said Monday that the new CD compilation cards combine both a gift and a message.
Health Enterprises Inc. is expanding its line of hearing protection offerings with the Pro-Fit and Swim-Fit Custom Molded Earplugs. Both products enable consumers to easily form a custom molded earplug to fit the unique contour of their ear within 10 minutes, according to the company.
ECRM has named former Longs Drug Stores marketing manager Cheryl Gherlone as vice president of general merchandise. Gherlone joined ECRM in June, working on a variety of sales-related projects researching potential new events for the company.
Dr. Fresh Inc. is preparing for the cold and flu season with the launch of Infectiguard Hand Sanitizer.
Rob Hurd and Kevin Rasmussen have joined consumer products consulting and services firm The Emerson Group as regional managers. Hurd’s responsibilites will include Wal-Mart Stores Inc. and Kmart Corp.
The Coca-Cola Co. recently initiated two efforts to help calorie-conscious consumers. Earlier this month, the company announced plans to launch a 90-calorie mini can later this year. Coke says the smaller can, which contains 7.
Expanding into emerging markets is essential to Procter & Gamble Co.’s (P&G’s) long-term growth, says president and chief executive officer Bob McDonald.
