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Moberg Sustains Derma Drive, Acquires Prestige Brands' New Skin

This article was originally published in The Tan Sheet

Executive Summary

The Swedish firm pays $40m for the PediaCare and Fiber Choice brands in addition to New Skin Liquid Bandages, which are available in spray and liquid delivery and are "the main profitability contributor in the acquired portfolio," says CEO Peter Wolpert.

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Firms Spread Diaper Rash, Skin Care Brands, Move Lice Kit License In OTC Sector Deals

Randob Labs agreed to purchase the Balmex brand of baby and adult skin protectants from Moberg Pharma for $4.25m. Mission Pharmacal divested to MainPointe topical analgesic brand Thera-Gesic and the Dr. Smith’s line of infant and adult skin protectant ointments and sprays.

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