Advanced Polymer Systems
This article was originally published in The Tan Sheet
Executive Summary
Forges deal with SmithKline Beecham under which APS subsidiary Premier will "handle sales, marketing, distribution and product development" for Orafix denture adhesive in exchange for a sales and marketing management fee. SmithKline will continue to fund Orafix product development, however, which will focus on "improving the . . . product with APS' Microsponge technology," a "controlled-release delivery system" of active ingredients, APS said. Premier current markets and distributes J&J's Sundown and Johnson's Baby Sunblock and two APS products -- EveryStep foot deodorant and Exact acne medication.