In Brief: Morton Grove Pharmaceuticals
This article was originally published in The Tan Sheet
Executive Summary
Morton Grove Pharmaceuticals: Is sold to former Fujisawa USA President Brian Tambi and Chicago-based William Blair Capital Partners. In a transaction announced Dec. 12, Tambi acquired Morton Grove from JVL, a holding company formed by Jack Van Hulst and William Lyons. Tambi will serve as MGP chairman, president and CEO. MGP claims to be the "second largest manufacturer of liquid prescription drugs" and also produces OTC liquid pharmaceuticals...