EU Deal Tracker: Polpharma And JGL Join Forces, PharmaNutra Expands Reach, Bionorica Divests Cannabis Unit
Polphama and JGL have struck a deal to distribute one another's ophthalmology products, PharmaNutra has secured expanded distribution for its Cetilar joint pain product, and Bionorica has offloaded its cannabis business to Canada's Canopy.
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France's Ponroy Santé is expanding its reach in Italy by snapping up Pasquali Healthcare, while Vision Healthcare has increased its online presence with a deal for VitaminExpress.
Germany’s OTC Market in 2018: Online Sees Double-Digit Growth, Bionorica’s Canephron Uno Tops New Launches
Germany's online channel continued to expand to expand in 2018, with OTC product sales via mail-order pharmacy growing almost 10-times faster than through bricks-and-mortar pharmacy. Meanwhile, GSK's Voltaren brand was top-seller through both channels and Bionorica's Canephron Uno was the best-selling launch during the 12 months.
Unilever's decision not to increase its £50bn bid for GSK Consumer Healthcare has been widely welcomed by analysts. But they warn that the aborted move for GSK has damaged investor confidence in Unilever’s management.