Only Alli Remains After Glaxo’s OTC Transaction With Aspen
This article was originally published in The Tan Sheet
Executive Summary
GlaxoSmithKline sells 19 OTC brands – worth about 1% of its consumer healthcare business – outside the U.S., Canada and Europe to South African firm Aspen Pharmacare. Weight-loss drug alli is GSK’s final remaining non-core OTC following the $263 million deal.
You may also be interested in...
Omega Pharma Acquires Six Glaxo OTC Brands, But Alli Lingers
Omega Pharma will pay $619 million for GSK’s Lactacyd feminine wash products, Abtei supplements, Solpadeine analgesics, Zantac antacid, Nytol sleep aids and the allergy drug Beconase. The deal is part of Glaxo’s plan to simplify its consumer business by selling 19 OTC brands.
GSK Takes Pay-As-You Go Approach In Aspen Branded Generics Deal
GlaxoSmithKline's licensing deal with South Africa-based branded generics drug maker Aspen is illustrative of the company's approach to acquisitions under new CEO Andrew Witty
NaZura’s Lovidia Weight-Loss Supplement Strategy Focused On Brand Building
NaZura BioHealth, spun out from Elcelyx Therapeutics, will market its Lovidia weight-loss product in 2014 when it launches into the direct-response channel, before potential suitors get serious about acquiring the brand.