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IVC Industries

This article was originally published in The Tan Sheet

Executive Summary

Enters a new development deal with Block Drug beginning with the supply of four soft gel encapsulated OTC products from its Intergel soft gel division, the company announces. The first soft gel was shipped in the spring to the drug store outlets. IVC plans to send one additional soft gel product to Block each quarter this year. Revenues from the deal are expected to approach $3 mil. in 1999, IVC says. The Freehold, N.J.-based company also has a deal with an undisclosed multinational nutritional and pharmaceutical company for another soft gel product that will be shipped in October

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