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Block Drug

This article was originally published in The Rose Sheet

Executive Summary

Draxis Spectro hand and body cleansers purchased by the drug chain's Canadian division for approximately $8.4 mil. plus inventory, Draxis announces. The deal, which is set to close mid-May, also includes a five-year manufacturing supply and technical services agreement. Block Drug will use its larger sales and trade promotional teams to increase physician sampling and couponing efforts. Sold in Canada, the line includes Spectro Gel and Spectro Derm face, hand and body cleansers, Spectro Gram foaming cleanser with 2% chlorhexidene gluconate and Spectro Gluvs barrier cream
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