Procter & Gamble, Teva to dissolve partnership

Procter& Gamble Co. and Teva Pharmaceutical Industries are calling it quits on a partnership they formed nearly seven years ago to co-market over-the-counter medicines outside of North America. The two companies said Thursday they are terminating their PGT partnership, established in 2011, effective July 1. The dissolution is subject to applicable regulatory approvals.  The companies said PGT Healthcare — which markets OTC brands such as Vick’s, Pepto-Bismol and Ratiopharm — has grown into…
Source: bizjournals.com Health Care News Headlines - Category: Health Management Authors: Source Type: news