Industry News

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Bayer Consumer Health moves on with turnaround
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8 November 2019

Bayer's Consumer Health division reported worldwide sales up by 3.7% on a currency- and portfolio-adjusted basis to EUR1.29 billion (USD1.41 billion) in the third quarter of 2019. Werner Baumann, Bayer's chief executive officer, said the team was “continuing to make good progress in turning around t...

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Zantac recall, divestments and regulations curb Sanofi
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8 November 2019

Sanofi's Consumer Healthcare business reported worldwide sales up by 0.4% at constant exchange rates in the third quarter of 2019. The company said growth had been curbed by a voluntary recall of Zantac, non-core brand divestments, and tightening regulatory requirements, particularly in Europe.

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Stada to acquire Takeda OTC portfolio for USD660 mn
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5 November 2019

Stada Arzneimittel is acquiring Takeda’s OTC portfolio in Russia and the Commonwealth of Independent States (CIS) in a deal worth USD660 million. The deal comes a day after the German company announced it was purchasing Czech consumer healthcare firm Walmark.

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