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June 1, 2015
By: TOM BRANNA
Editor
SWEDEN: Moberg Pharma AB has acquired Balmex from Chattem, the US Consumer Healthcare Division of Sanofi. The purchase price was $3.9 million, according Moberg Pharma. Balmex is best known for its diaper rash treatments. An adult line for soothing skin irritations was rolled out by the brand in 2013. Balmex will be sold through Moberg’s current OTC channel in the US, primarily in chain drugstores, such as CVS, Walgreens and Rite Aid and in mass retailers, such as Walmart as well as special...
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