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Donald Kay Riker, Ph.D. is President & Founder, On Point Advisors, LLC [www.onpointadvisors.com], a consumer healthcare consultancy he founded in 2007 and Editor-in-Chief, OTC Product News [www.otcproductnews.com]. Dr. Riker was a fellow at New York’s prestigious Rockefeller University,... More
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OTC Product News
  • Hiamitsu Buys Noven; Salonpas Stregthens Topical Analgesic Presence 0 comments
    Aug 30, 2009 12:35 PM | about stocks: JNJ, CHTT, KG

    On August 27th Hisamitsu (Japan) announced the closing of its $428MM all-cash deal to acquire Noven Pharmaceuticals of Miami, FL.  Noven will remain a wholly owned, independent subsidiary of Hisamitsu.  This continues Hisamitsu's quiet but steady consolidation of its Salonpas topical analgesic business in the US at a time when conventional players like Ben Gay (JNJ), Wellpatch (Mentholatum), and Icy Hot (CHTT) remain vulnerable to legal, technology, and regulatory challenge in the parity market defined by the FDA monographs...

    Read the full story at:  www.otcproductnews.com/otc-product-news/hisamitsu-buys-noven-salonpas-strengthens-topical-analgesic-presence.html
    Themes: Salonpas, Hisamitsu, Noven Stocks: JNJ, CHTT, KG
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