Over-the-counter (O-T-C) medicines Archives - MMR: Mass Market Retailers

GlaxoSmithKline, Pfizer close joint venture

August 1, 2019 by MMR GlaxoSmithKline, O-T-C, Over-the-counter (O-T-C) medicines, Pfizer Inc. Leading Headlines, Supplier News

WARREN, N.J. — GlaxoSmithKline said Thursday that it has closed a previously announced joint venture deal with Pfizer Inc. that will combine their respective consumer healthcare businesses. The move will create the world’s largest supplier of over-the-counter medications. The joint venture company will operate as GSK Consumer Healthcare. Pfizer owns a 32% equity stake in

Study: O-T-Cs save health care system billions

March 18, 2019 by MMR Consumer Healthcare Products Association (CHPA), IRI, O-T-C, Over-the-counter (O-T-C) medicines, Scott Melville, Value of O-T-C Medicines to the U.S. Healthcare System Leading Headlines, Retail News, Topics

WASHINGTON — Over-the-counter (O-T-C) medicines save the U.S. health care system nearly $146 billion a year, a new study has found. The report, “Value of O-T-C Medicines to the U.S. Healthcare System,” which was released by the Consumer Healthcare Products Association (CHPA), found that, on average, each dollar spent on O-T-Cs saves the national system