Chattem R&D
This article was originally published in The Rose Sheet
Executive Summary
Firm completes construction of its $2 mil., 10,000-sq.-ft. research and development facility in Chattanooga, Tenn. mid-November, about three weeks ahead of schedule. Chattem has significantly increased focus on R&D over the past two years. The consumer products manufacturer is set to launch multiple new items over the next few months including BullFrog Mosquito Coast, which combines sunscreen with insect repellent and is designed to last six to eight hours. Chattem also reports Icy Hot pain-relieving patch product sales are "doing well" in the fourth quarter despite Pfizer's recent introduction of BenGay Pain Relieving Patch and continued competition from Procter & Gamble's ThermaCare line of pain-relief wraps...