Deals, Dates And Difficulties: Health And Wellness Industry News
This article was originally published in The Rose Sheet
Executive Summary
Woodward keynotes CRN's Conference; GMPs on AHPA's reg comment radar; Unilever acquires Pukka Herbs; CVS brand consumer health products in vending machines; and more news in brief.
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Horlicks Brings Unilever 'Transformative' Nutritional Deal, Market Challenges
Firm's Hindustan Unilever division will merge with s GSK Consumer Healthcare India which has had total sales around €550m so far in 2018, primarily through the Horlicks and Boost brands and with nearly 90% of the revenues in India. Also will acquire 82% stake in GSK Bangladesh and other GSK commercial operations and assets outside India, paying €3.3bn in combination of cash and shares in Hindustan Unilever.
Got Ideas For Reducing Industry's Regulatory Burden? FDA Wants To Know
CFSAN and other FDA centers ask for "broad public comment" the agency will use "to guide our initial review of our regulations" required in President Trump's January executive order for federal agencies to "evaluate existing regulations and identify those that may merit repeal, replacement, or modification."
Pharmabox, SuppNow Match Self-Care Demand With Self-Serve Retail
SuppNow and Pharmabox self-serve kiosks could point to the near-future of supplement and OTC drug sales, allowing consumers to avoid waiting in lines or for deliveries. SuppNow offers supplements at gyms in California; Pharmabox vends OTC drugs in high-traffic consumer areas.