In Brief: Technical Chemicals and Products, Inc.
This article was originally published in The Tan Sheet
Executive Summary
Technical Chemicals and Products, Inc.: Acquires remaining 20% of Health-Mark Diagnostics, manufacturer of the recently launched HealthCheck line of OTC test kits. The deal makes HMD a wholly owned subsidiary of TCPI, which says it plans to consolidate HMD's Mountain Lakes, New Jersey-based operations into its facility in Pompano Beach, Florida. FDA-approved HealthCheck products include kits for: pregnancy and ovulation; vision screening and skin growth monitoring. Tests for urine Nitrate (urinary tract infections), urine Glucose (diabetes), and urine Protein (kidney/bladder disorders) "are in the final phase of FDA review and are expected to be released shortly," the firm says...