Latest From Bob Kronemyer
Prestige Consumer’s International Cough/Cold Sales Offset FX Loss In Latest Results
Higher cough/cold OTC sales along with Hydralyte line and sore throat treatments bright spots in October-December offset by COVID-19 and continuing supply chain constraints.
Church & Dwight Delivers 5% Net Growth Despite Slumps For Major Brands, International Sales
Sales in most categories in US portfolio grew, led by Zicam, Therabreath and Hero. But slumps continued for Waterpik water flossers, the Flawless feminine hair-removal, skin and nail care line and the vitafusion and L’il Critter gummies and other vitamin, mineral and supplement products.
Abbott Moves From Meeting WIC Backlog To Distributing Formula Brands To Retailers
Abbott’s US formula sales continued to fall during the October-December period on manufacturing disruptions even with production “up and running” at its Sturgis, MI, where it makes powder formula it markets under Similac, Alimentum and EleCare brands.
House Health Subcommittee Chair Prioritizes Affordability, Innovation, Ending COVID PHE
Kentucky Republican Brett Guthrie is strong proponent of health care affordability and innovation in pharmaceuticals and medical devices. He’s also monitoring FDA’s response to drug shortages and infant formula shortages.
HBW Market Executive Decisions: Sabinsa, Nutrition21, Council Of Manufacturing Association
Sabinsa founder edits selenium research book; Everwell adds Nutrition21 executives; and ACI’s Hockstad leads NAM Council of Manufacturing Associations.
Medicinal Plant, Botanical Supply Chain Expert Brinckmann Elected ABC Board President
Josef Brinckmann has served on expert committees and panels for US Pharmacopeia, is a founding member of the board of FairWild Foundation and received American Botanical Council’s Champion Award in 2017.