Moberg Pharma AB (Formerly known as Moberg Derma) Completes Acquisition Of U.S. OTC Brands From Bayer HealthCare

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STOCKHOLM--(BUSINESS WIRE)--Regulatory News:

On December 6, 2013, Moberg Pharma (STO:MOB) announced the acquisition of three Over-The-Counter brands in the U.S. from Bayer HealthCare, LLC. The acquisition has now been completed. The purchase price amounted to 4.8 MUSD.

The acquired portfolio includes Domeboro®, a topical astringent used for relieving itch and minor skin irritations; Vanquish®, an internal analgesic; and Fergon®, an iron supplement. The brands are sold through Moberg’s current channel, primarily in chain drugstores and mass retailers, such as Walmart.

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