Stada Arzneimittel AG’s “rapid expansion” strategy for its consumer health-focused Branded Products division has begun to bear fruit with the acquisition of a basket of six OTC brands from GlaxoSmithKline PLC for an undisclosed sum.
Stada Reveals Skin-Care Ambitions With Acquisition Of GSK Brands
Stada has snapped up a basket of OTC skin-care brands from GSK, with CEO Peter Goldschmidt telling HBW Insight that the category is a "key focus" for the Germany-based firm.
