OTC Manufacturer PL Developments Acquires Teva’s US Store-Brand Portfolio

PL Developments (PLD), a manufacturer, packager and distributor of over-the-counter (OTC) pharmaceutical products, has acquired Teva Pharmaceuticals’ US store-brand portfolio, which includes Teva’s nicotine chewing gum.

The acquisition will add a new nicotine gum portfolio to PLD’s product pipeline in addition to its existing nicotine-replacement therapy lozenge portfolio and more than 40 approved and pending abbreviated new drug application offerings and range of new OTC drug products.

Source: PL Developments

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