Tag: OTC Drugs

GSK to close OTC plant in Pennsylvania

GlaxoSmithKline, one of the world’s largest pharmaceutical companies, confirmed that it will close a manufacturing facility in Carlisle next year. Production in Carlisle will end by mid-2021, the B...

FDA Approved Three Drugs for Nonprescription Use through a Process Rx-to-OTC

The U.S. Food and Drug Administration approved three drugs for nonprescription, or over-the-counter (OTC), use through a process called a prescription (Rx)-to-OTC switch. The FDA approved Voltaren Art...

Peritech Pharma Got Patents in China and Russia

Peritech Pharma, a specialty anal-rectal pharmaceutical company, announced it has been granted patents covering China and Russia for its drug delivery platform used for two of its over-the-counter pro...

Innovus Pharma Launches OTC Piles Drug

Innovus Pharmaceuticals, Inc., an emerging commercial-stage pharmaceutical company that delivers safe, innovative and effective over-the-counter medicine and consumer care products to improve men’s an...

Peptonic Medical and Orion CMO made a technology transfer agreement

Peptonic Medical AB (Sweden) entered a tech transfer agreement with Orion Contract Manufacturing Organisation (CMO) (Finland) to prepare for the commercial manufacture of VagiVital - a product that Peptonic plans to launch.

Ascendia will develop OTC ophtalmic medicines jointly with KC Pharmaceuticals

research tube
Ascendia Pharmaceuticals, a pharma company engaged in nano-formulation design, formulation, and manufacture of poorly soluble molecules, entered into a collaboration with KC Pharmaceuticals to develop OTC ophthalmic medicines.

Procter & Gamble buys the consumer health business of Merck KGaA

The Procter & Gamble Company signed an agreement to acquire the Consumer Health business of Merck KGaA, Darmstadt, Germany, for a purchase price of approximately €3.4 billion.

Russian Ministry of Health will not approve sales of medicines in retail stores

veronika skvortsova
This was announced to reporters by the Minister of Health of the Russian Federation Veronika Skvortsova on April 13. Earlier, the Ministry of Industry and Trade finalized a draft law on sales of OTC drugs in grocery stores.

Russian State Duma opposes draft law on sales of medicines in supermarkets

This was announced by Alexander Petrov, a deputy of State Duma, at the meeting of the Board of Roszdravnadzor. The State Duma supported the draft law on online sales, but the discussion on prescription drugs was not over.

Novartis sells its stake in consumer healthcare joint venture to GSK

Novartis announced that it has entered into an agreement with GlaxoSmithKline (GSK) to divest its 36.5 percent stake in its consumer healthcare joint venture (JV) to GSK for $13.0 billion.

US FDA warned OTC drug manufacturers from China and Hong Kong

The US Food and Drug Administration released warning letters sent to two over-the-counter drugmakers in China (Zhejiang Ludao Technology) and Hong Kong Zhejiang (Nan San).

A license for pharmaceutical activities will allow retail stores to sell medicines

The Russian ministry of industry and trade
The Russian Ministry of Industry and Trade proposes to establish the right of trading organizations to sell OTC drugs under a license