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Moberg Pharma Sells OTC Business

US-based unit includes drug store treatments like Dermoplast, New Skin and Kersal.

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By: Christine Esposito

Editor-in-Chief

Moberg Pharma, Stockholm, has entered into an agreement with RoundTable Healthcare Partners and Signet Healthcare Partners to divest its entire North American OTC operation in deal that includes a cash consideration of $155 million plus an additional consideration of $5 million. Moberg Pharma North American LLC, based in Cedar Knolls, NJ, sells drug store staples such as Kerasal nail and foot care products, Dermoplast  topical pain relief products and New Skin liquid bandages.   RoundTable Hea...

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