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Stada ‘Continuously Evaluating’ OTC Deals As Sales Grow Double Digits

 
• By Tom Gallen

Stada tells HBW Insight it remains on the lookout for deals despite only last month closing the acquisition of a basket of OTC brands from GSK. The German firm revealed its plans as it reported a double-digit rise in both sales and earnings at its Branded Products business for the opening six months of 2019.

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• Source: Shutterstock

Acquiring in July a basket of six OTC brands from GlaxoSmithKline PLC has not sated Stada Arzneimittel AG’s appetite for further deals to grow its consumer health-focused Branded Products division.

The Germany-based firm told HBW Insight that it was “continuously evaluating OTC acquisitions” in line with its strategy of “rapid...

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