Volume 95 Issue 36 | p. 11 | News of The Week
Issue Date: September 11, 2017 | Web Date: September 6, 2017

Germany’s Merck eyes consumer products exit

Plan to sell business continues pharmaceutical industry’s love-hate relationship with OTC drugs
Department: Business
Keywords: Pharmaceuticals, OTC, over-the, counter, Merck

Today’s pharmaceutical companies have a love-hate relationship with the over-the-counter drug business. OTC drugs are steady sellers that don’t require a lot of risky R&D. But they don’t bring high profits either.

Germany’s Merck KGaA has decided it isn’t fond of the OTC business and is exploring options to leave the field. The firm says it doesn’t have the scale to compete in OTC drugs and that they don’t fit anymore with its focus on . . .

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