In Brief: Chattem
This article was originally published in The Tan Sheet
Executive Summary
Chattem: Acquires Herpecin-L cold sore lip balm from Deerfield, Fla.-based Campbell Labs on June 6. Chattem announced on May 24 that a $5.5 mil. purchase of a "small but profitable" oral care line was pending ("The Tan Sheet" June 3, p. 8). Herpecin-L, Campbell's only product, generates "well over" $3 mil. in annual sales, according to Chattem. The product will join Benzodent analgesic cream for denture wearers, acquired from Procter & Gamble in May 1994...