Precision seeks distribution partners for Kwai
14 January 2021
Precision Healthcare is seeking distribution partners for the Kwai range of food supplements which has just been refreshed with a Japanese Black Garlic version.
Industry News
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Orkla builds in sports nutrition with Proteinfabrikken
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14 January 2021
Orkla has expanded its presence in sports nutrition by acquiring fellow Norwegian company Proteinfabrikken for an undisclosed sum.
Perrigo partners with Michigan State University
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13 January 2021
Perrigo has announced a partnership with Michigan State University in the US with the aim of advancing self-care innovation.
People in brief | Maxwellia, Bayer, AFT
13 January 2021
Maxwellia has appointed a finance director, Bayer has recruited a chief transformation and talent officer, and AFT Pharmaceuticals has gained expertise in North America.
Shop Apotheke Europe rises 38% and buys Smartpatient
12 January 2021
Shop Apotheke Europe said its sales in the fourth quarter of 2020 had risen by 38.0% as it attracted 0.4 million new active customers amid the COVID-19 pandemic. The online pharmacy has just announced it is acquiring digital medication management company Smartpatient.
OTCToolbox Business Development & Innovation Event
12 January 2021
Don't miss out on the OTCToolbox 2021 Consumer Healthcare BD&I Event, our global conference and networking event focusing on business development and innovation. The 2021 event will be virtual, with networking made possible by an online partnering and video system.
Industry in brief | P&G, AFT, Sanofi
12 January 2021
Procter & Gamble (P&G) has abandoned its proposed acquisition of Billie, AFT Pharmaceuticals’ Maxigesic pain reliever has been launched in Canada as Combogesic, and Sanofi has revealed the name and chief of its proposed active pharmaceutical ingredients (API) company.
COVID-19 still hurting WBA’s international sales
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8 January 2021
Walgreens Boots Alliance (WBA) continued to feel the impact of the COVID-19 pandemic in the quarter ended 30 November 2020, as its Retail Pharmacy International division reported sales down by 8.2% on a constant currency basis.
Walgreens Boots Alliance to divest wholesaling
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8 January 2021
Walgreens Boots Alliance (WBA) is divesting the majority of its Alliance Healthcare pharmaceutical wholesaling businesses to US drug distributor AmerisourceBergen in a cash and shares deal worth around USD6.5 billion. WBA plans to focus on growing its core retail pharmacy businesses.
Novozymes grows in US with Microbiome Labs
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4 January 2021
Danish biotechnology company Novozymes is acquiring probiotic supplements specialist Microbiome Labs for DKK780 million (USD125 million) in cash plus an earnout.