Deals

Private Equity Poised To Take Control Of Opella But Sanofi Will Retain Sizable Stake

Private Equity Poised To Take Control Of Opella But Sanofi Will Retain Sizable Stake

 
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Control of Sanofi Consumer Healthcare – recently rebranded as Opella – may soon pass to US private-equity firm CD&R but the French firm looks set to retain a substantial stake in a business which has some big Rx-to-OTC switches in the pipeline.

Germany’s Merz Merges With Windstar To Take On OTC Market

Germany’s Merz Merges With Windstar To Take On OTC Market

 
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A leading provider of over-the-counter health and wellbeing products in the DACH region will be created through the merger of Merz Lifecare and Windstar Medical.

Perelel Adds Women’s Health Education Platform, Plum Debuts With Vaginal Area Dryness Serum

Perelel Adds Women’s Health Education Platform, Plum Debuts With Vaginal Area Dryness Serum

 

Perelel acquiring Loom online platform providing reproductive health, sexual wellness and parenting education. First direct-to-consumer product for Curive Healthcare’s Plum brand formulated for vaginal area dryness.

Haleon Strengthens Control Of China JV, Agrees Option To Buy

Haleon Strengthens Control Of China JV, Agrees Option To Buy

 
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Joint venture business which markets Haleon's OTC drug brands in China will soon be 88% owned by the UK-based firm.


Denmark’s Orifarm Gains Investment From Carlyle

Denmark’s Orifarm Gains Investment From Carlyle

 
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Orifarm has announced details of a strategic investment from Carlyle Global Credit, which the Danish firm says will “strengthen Orifarm’s ongoing expansion, both organic and inorganic.”

‘New Kenvue In Action Unleashed’ Isn’t The Business Consumers Remember From J&J

‘New Kenvue In Action Unleashed’ Isn’t The Business Consumers Remember From J&J

 

“We're significantly investing more in reaching more consumers, but we're doing it in a very different way,” says CGO Charmaine England. Brands may be “iconic,” but on their own they’re not driving sales growth, says CEO Thibaut Mongon.

Transformational M&A Not On Horizon For Haleon Or Bayer

Transformational M&A Not On Horizon For Haleon Or Bayer

 
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Haleon CEO Brian McNamara and Bayer Consumer Health president Julio Triana independently tell the Barclays Consumer Conference that their respective firms are unlikely to secure any transformational mergers or acquisitions in the medium term. Both companies are prioritizing bolt-on acquisitions for the next few years.

Perrigo Securities Class-Action Settlement Awards Attorneys’ Fees, Expenses Lower Than Requested

Perrigo Securities Class-Action Settlement Awards Attorneys’ Fees, Expenses Lower Than Requested

 

Court order dismisses claims against Perrigo and Joseph Papa, its former CEO, with prejudice. Settlement also bars any claim against plaintiffs and class members, “whether arising under state, federal, common or foreign law,” alleging liability for losses.


US Eroxon Launch In October Will Mark Haleon’s First Foray Into Sexual Health

US Eroxon Launch In October Will Mark Haleon’s First Foray Into Sexual Health

 
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Haleon will launch Futura Medical's FDA-approved OTC medical device for erectile dysfunction in the US before the end of the year. Already available to pre-order online on Amazon, Eroxon represents the firm's first move into the sexual health category. 

Perrigo’s Tab Owed To Shareholders Nine Years After Spurning Mylan’s Hostile Takeover? $97M

Perrigo’s Tab Owed To Shareholders Nine Years After Spurning Mylan’s Hostile Takeover? $97M

 

An end to litigation filed by institutional investors, insurance companies and pension funds comes four CEOs after Perrigo's chief exec during Mylan's tender in 2015, Joseph Papa, resigned to lead another firm in 2016. Plaintiff attorneys are asking for up to 20% of settlement in fees.

German, California Firms Offer Digital Access To Mental Health Content For Menstrual Cycle, Fertility

German, California Firms Offer Digital Access To Mental Health Content For Menstrual Cycle, Fertility

 

Clue Plus members will have access to 50% off a Headspace subscription for tailored guidance, support and validation to help manage cycle-related stress and improve overall well-being.

Stada Expands In MENA And APAC As Emerging Markets Strategy Pays Dividends

Stada Expands In MENA And APAC As Emerging Markets Strategy Pays Dividends

 
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Germany's Stada Arzneimittel has secured the rights to market the FITO self-care medical device in the Gulf Cooperation Council region, North Africa, the Middle East and selected Asian Countries, and the Nizoral antifungal cream in Vietnam, the Philippines and Thailand. Stada’s half-year results show that the company’s emerging markets strategy is delivering results, with  MENA and APAC contributing to the growth recorded by the Consumer Healthcare division.


Recent Trends Lower C&D’s Full-Year Outlook, Longer Trends Trouble Gummy Vitamins’ Future

Recent Trends Lower C&D’s Full-Year Outlook, Longer Trends Trouble Gummy Vitamins’ Future

 

Church & Dwight’s slower sales at retail in June-July than in January-May point to still slower results for rest of year. It doesn’t expect second-half help from gummy vitamin lines or give them a full vote of confidence for remaining in portfolio.

Unilever Plans To Launch As Many As 12  'Bigger And Better' Innovations Starting In 2025

Unilever Plans To Launch As Many As 12 'Bigger And Better' Innovations Starting In 2025

 

Unilever hopes to double the value of its product innovations this year, ultimately targeting as many as 12 innovations, each costing more than €100m, beginning in 2025, CEO Hein Schumacher says during 25 July earnings presentation.

US Consumer Health Q2 Earnings Preview: If Not For Headwinds, Tailwinds Would Be Trending

US Consumer Health Q2 Earnings Preview: If Not For Headwinds, Tailwinds Would Be Trending

 

Analysts tracking consumer health product firms in the US anticipatevApril-June results lower than a year ago across most businesses. While some results will be lower on comparisons with strong growth in 2023, others will reflect a slow allergy season, retailers’ inventories remaining high as consumer spending slows or firms continuing to recover from supply chain problems.

Cooper Completes Viatris Deal After Agreeing To Offload Brands

Cooper Completes Viatris Deal After Agreeing To Offload Brands

 
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Cooper Consumer Health has closed its acquisition of Viatris' OTC business as it commits to divesting the rights to infant laxative medicine Bebegel and earwax removal product Otowaxol in certain markets.


Dr Reddy’s Acquiring Haleon NRTs Available Outside US In Deal Worth Up To $632M

Dr Reddy’s Acquiring Haleon NRTs Available Outside US In Deal Worth Up To $632M

 
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The Indian player made another high-level deal that grants it rights to nicotine replacement therapies in over 30 countries, following on from its recent announcements with Nestlé.

Stada Strikes Deal To Expand Middle East And Africa OTC Portfolio

Stada Strikes Deal To Expand Middle East And Africa OTC Portfolio

 
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A deal between Stada Arzneimittel and Adcan Pharma will see the former exclusively market and commercialize in the UAE a portfolio of 15 consumer healthcare products produced and supplied by the latter.

Talc Litigation Attorneys Allege ‘Bad Faith Filings,’ ‘Fraudulent Activities’ By J&J In Bankruptcy

Talc Litigation Attorneys Allege ‘Bad Faith Filings,’ ‘Fraudulent Activities’ By J&J In Bankruptcy

 

Attorneys for some plaintiffs alleging harm from talc products J&J marketed ask a court to order the firm, along with a subsidiary holding company it created in 2021 to manage its talc liabilities and immediately placed in bankruptcy, to provide emails and other communications among in-house counsel and compel their testimony.

US Wellness Market Movers: Doctor’s Best, Society Brands, CharmHealth

US Wellness Market Movers: Doctor’s Best, Society Brands, CharmHealth

 

Doctor's Best acquires Viactiv calcium and magnesium brand from Guardion; VitaliyNow is Society Brands’ third 2024 acquisition; and VitaminLab formulation services on CharmHealth.