Internet drugstore buys L&H Vitamin, Inc. for an undisclosed amount. Long Island City, N.Y.-based L&H operates a catalog business with a 350,000-member mailing list for vitamins and supplements and a distribution facility; the firm has annual revenues of $20 mil. In the agreement, L&H's founder, Lloyd Marmon, and his son, VP Judd Marmon, received a $6.25 mil. equity interest in Vitamins.com., the D.C.-based company run by Robert Haft
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In this first of a two-part series of articles, US Pharmacopeia CEO Ronald T. Piervincenzi tells the Pink Sheet how the use of alternatives to animal testing in drug development is gaining traction and discusses the challenges that exist.
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