Industry News - Tag: Stada

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Stada claims OTC lead in Russia and hires new head

5 March 2020

Stada says it is now the “clear market leader in Russia’s consumer healthcare sector” following recent acquisitions. The German company has just recruited Sandoz’ Stephan Eder as executive vice president of its business in Russia and the Commonwealth of Independent States (CIS).

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Stada snaps up 15 consumer brands from GSK
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24 February 2020

Germany’s Stada is strengthening its consumer healthcare presence in Europe by acquiring 15 brands – including Venoruton, Coldrex and Cetebe – from GlaxoSmithKline. The deal follows a series of acquisitions by Stada involving consumer healthcare assets.

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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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