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In Brief: Biopharmaceutics

This article was originally published in The Tan Sheet

Executive Summary

Biopharmaceutics: Plans to purchase three feminine hygiene products -- Koromex spermicidal jellies, Vaginex medicated douches and itching relief products and Feminique douches -- from London International U.S. Holdings, the company announced Jan. 18. Biopharmaceutics expects to complete the agreement by Feb. 28; it would not disclose any dollar figures involved. The company expects the sales from the brands -- currently the company's only branded products -- to help the firm become profitable beginning in March. The products have been sold in the U.S. for over 10 years in chains including Walgreens, CVS and Eckerds. London International sold off the lines in order to concentrate on its "core" barrier protection products such as Sheik and Ramsey condoms. Biopharmaceutics is currently in negotiations for the purchase of a branded oral analgesics line...

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