News

Novartis to sell off blood transfusion diagnostics unit

BY DSN STAFF

BASEL, Switzerland — Swiss drug maker Novartis is selling its blood transfusion diagnostics business to a Spanish manufacturer for $1.675 billion, Novartis said Monday.

The drug maker said it expected the sale, to Grifols, to be completed in 2014. Novartis bought the Emeryville, Calif.-based unit in 2006 as part of its acquisition of Chiron. Its sales in 2012 were about $565 million. Grifols is headquartered in Barcelona.

"The sale of the Novartis blood transfusion diagnostics unit enables us to focus more sharply on our strategic businesses while providing Grifols with a platform for global expansion," Novartis CEO Joseph Jimenez said. "I am especially pleased that the agreement with Grifols provides our associates with an opportunity to join a company that will focus on growing this business aggressively."

 

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

TRENDING STORIES

Polls

Which area of the industry do you think Amazon's entry would shake up the most?
News

Agaia and Walmart partner to introduce new cleaning product

BY Ryan Chavis

FORT LAUDERDALE, Fla. – Walmart announced the introduction of Great Value Naturals, a new line of all-natural cleaning products which features Evolve technolgy from Agaia.

The launch of the product line, now available in more than 2,000 Walmart stores, marks a dramatic advance in bringing "green" cleaning products to consumers.

"With the launch of Great Value Naturals, Green cleaners are finally taking center stage. Our patented Evolve technology allowed us to create a line of household care products that deliver everything consumers want — safety, efficacy and affordability," Benjamin Shell, CEO of Agaia, makers of Evolve said. "Customers will find that, in addition to being proven safe for people with multiple chemical sensitivities (MCS), they have remarkable cleaning, deodorizing and stain fighting power."

The debut of Evolve within the Great Value Natural brand is the result of an 18-month joint development relationship between the companies.

"At Walmart, we aspire to make our products more sustainable and the new line of Great Value Naturals allows us to provide green cleaners that are effective, affordable and good for the environment,"  Alberto Dominguez, vice president and divisional merchandise manager for Walmart said. "Agaia looked past traditional solutions and developed a new model for green cleaning that we’re proud to offer to customers under the Great Value brand."

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

TRENDING STORIES

Polls

Which area of the industry do you think Amazon's entry would shake up the most?
News

King introduces Candy Crush Candies

BY Ryan Chavis

NEW YORK – King, a gaming company, is taking Candy Crush sweets from computer and smartphone screens all the way to store shelves with the introduction of Candy Crush Candies.

The candies, which come in flavors like Jelly Fish, Mixed Fruit Gummies, Sour Fruit Gummies and Color Bombs, are inspired by King’s popular game Candy Crush Saga.

"We’re really excited to launch Candy Crush Candies and offer another way for fans of the game to be able to get a taste of the fun," said Tommy Palm, Games Guru at King. "We’ve been so delighted to see how much people love to play the game and crush those candies. Our games give players moments of bite-sized brilliance, and we hope these Candies will too."

Candy Crush Candies are offered in theater-sized boxes and will be available at retailers across the U.S.

 

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

TRENDING STORIES

Polls

Which area of the industry do you think Amazon's entry would shake up the most?