OTC Manufacturer PL Developments Acquires Teva’s US Store-Brand Portfolio
PL Developments (PLD), a manufacturer, packager and distributor of over-the-counter (OTC) pharmaceutical products, has acquired Teva Pharmaceuticals’ US store-brand portfolio, which includes Teva’s nicotine chewing gum.
The acquisition will add a new nicotine gum portfolio to PLD’s product pipeline in addition to its existing nicotine-replacement therapy lozenge portfolio and more than 40 approved and pending abbreviated new drug application offerings and range of new OTC drug products.
Source: PL Developments