Perrigo plans to integrate the Tarex technology into certain of its store brand and retailer own label pseudoephedrine HCI products in the future and will immediately begin distribution of Zephrex D to its retail customers.
Sales of OTC products were up a solid 4% in 2015, according to the recently published Kline Group Nonprescription Drugs USA report, the company noted in its blog Friday. However, marketing support behind that growth may be waning. "Advertising expenditures continue to decline as marketers become more selective on where they spend advertising dollars and focus efforts only against brands where they have a competitive edge," Kline Group wrote. (Kline Group)
The company announced Tuesday that its board of directors had named Paul Campanelli to the position, effective immediately, succeeding Ravid De Silva, who has stepped down from the position and his place on the company's board of directors.