Business & Finance Roundup: Bayer, NutraFuels, Symrise
This article was originally published in The Tan Sheet
Bayer expands manufacturing in China; Florida supplement firms merge; and more news in brief.
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Bayer acquired its second Chinese consumer health care firm to gain market share amid the country’s OTC consolidation trend. Dihon specializes in antifungal creams and herbal drugs for women’s and traditional Chinese medicines.
A World Health Organization negotiating body has agreed to develop a “zero draft” of the proposed pandemic treaty for discussion at a meeting of WHO member states in February next year. But the international pharmaceutical industry has reiterated its concerns about some of the proposals being put forward.
Demand-related shortages are a relatively new problem, but the FDA maintains their tools can prevent or end them.