Takeda to acquire Colo. maker of vaccines for tropical diseases
DEERFIELD, Ill. — Japanese drug maker Takeda Pharmaceutical Co. will buy Fort Collins, Colo.-based vaccine maker Inviragen for up to $250 million, the two companies said Wednesday.
Takeda will pay $35 million upfront for Inviragen, plus future milestone payments of up to $215 million based on progress made in the development of the company’s products. Inviragen develops vaccines for such diseases as dengue fever and hand, foot and mouth disease, and operates facilities in Fort Collins, Madison, Wis., and Singapore. The company’s lead candidate, the dengue vaccine DENvax, is in mid-stage clinical development. A vaccine for hand, foot and mouth disease caused by enterovirus is in early-stage development, while one for chikungunya is in preclinical development.
"Takeda has taken another major step toward its goal of establishing a world-class global vaccine business by acquiring Inviragen and its advanced vaccine candidate against dengue, a serious mosquito-borne illness that threatens nearly half of the world’s population," Takeda Vaccine Business Division EVP Rajeev Venkayya said. "Today’s announcement reinforces Takeda’s commitment to develop innovative vaccines to fight some of the world’s most important infectious diseases."
Purell Advanced named top sanitizer by TripAdvisor
AKRON, Ohio — TripAdvisor on Wednesday named Purell Advanced Hand Sanitizer "best hand sanitizer" as part of the travel site’s second annual Travelers’ Choice Awards for Travel Favorites.
The awards honor top brands travelers across select global markets prefer to use on their trips. In the U.S., there were 21 winners in categories ranging from cameras to sunscreen and carry-on luggage. Winners also were announced in the United Kingdom, France, Germany, India, Italy, Spain and Russia.
"The TripAdvisor community has spoken and these are the most beloved travel brands from around the world," stated Barbara Messing, chief marketing officer for TripAdvisor. "We are thrilled to recognize these world-class brands with Travelers’ Choice awards that millions of travelers worldwide rely on for the best travel products for their trips."
Other CPG winners included Orbit mints, Off! insect repellent and ChapStick lip balm. For the complete list, click here.
"Travelers don’t want anything to slow them down, and Purell is for those on-the-go moments," noted Kathleen Hooker, Purell Consumer marketing director. "We know our customers love using the Purell Jelly Wraps that can attach to purses and bags, as well as 2-oz. bottles. You’ll soon see Purell travel products for your car and hand-sanitizing wipe packages."
Surveys were conducted in each country using a total panel of more than 3,900 TripAdvisor travelers to select a shortlist of brands/products in each category. A total of 39,898 travelers — including 12,125 U.S. respondents — then selected their favorites from the shortlists.
Ethnic beauty industry vet Brian Marks launches new hair care collection
NEW YORK — Ethnic beauty industry veteran Brian K. Marks and his wife, former model Nene Marks, have introduced the new Nene’s Secret hair care collection.
Having created five brands — All Ways Natural, African Pride, Ginseng Miracle, 911 and Dr. Miracle’s — Marks continues a 32-year career as an innovator in the ethnic hair care business. The new seven-SKU maintenance line features a signature fragrance as well as the exclusive My Secret Recipe formula, a blend of natural ingredients from Africa.
The collection includes:
- L.I.C. (leave-in conditioner): A leave-in crème that works as a detangler, heat protectant and moisturizer for natural, relaxed, transitioning or colored-treated locks ($8.99);
- G.G. (gorgeous gro): A hair and scalp treatment that is designed to soften, shine and conditions, while ending breakage and split ends ($8.99);
- C.C. (curl creme): A lightweight, curl-enhancing creme that is designed to hydrate strands and revitalize coils ($8.99);
- P.P.P. (perfect pretty pudding): A styling pudding provides for ultimate curl control and moisturization without curl shrinkage or dullness ($8.99);
- S.S.T. (strengthening serum treatment): A fast-absorbing, residue-free serum features extras like argan oil, annatto seed and sunflower seed to nourish the scalp while ending frizz and breakage ($9.99);
- M.M. (my mom ‘s masque): Restore damaged hair with this masque that features nutrients and herbs ($9.99); and
- B.B.B. (best beauty butter): An all-natural butter that is designed to repair, soothe and nourish the hair, scalp and skin ($12.99).