HERTFORDSHIRE, England and
PITTSBURGH, March 29, 2017 /PRNewswire/ -- Mylan N.V.
(NASDAQ, TASE: MYL), today announced the successful acquisition of
the global rights to the Cold-EEZE® brand cold remedy line
from ProPhase Labs, Inc.
The transaction provides Mylan all assets and rights relating to
the Cold-EEZE® brand, including all U.S. businesses and U.S.
and international trademarks. The Cold-EEZE® family of
brands includes leading over-the-counter (OTC) cold remedies sold
as lozenges, gummies, oral sprays, caplets, QuickMelts® and
oral liquid dose forms in the U.S.
Mylan CEO Heather Bresch commented, "The completion of
this transaction is an important step as we continue to expand our
consumer healthcare offerings. Cold-EEZE® is now Mylan's
largest U.S. consumer healthcare brand and is part of a growing
portfolio of over-the-counter products in the U.S. Mylan is
committed to providing access to the medications that patients
need, whether they are in front of or behind the pharmacy counter.
We look forward to serving this loyal customer base and supporting
this well-known brand."
Mylan is a global pharmaceutical company committed to setting
new standards in healthcare. Working together around the world to
provide 7 billion people access to high quality medicine, we
innovate to satisfy unmet needs; make reliability and service
excellence a habit; do what's right, not what's easy; and impact
the future through passionate global leadership. We market a
growing portfolio of approximately 7,500 products around the world,
including antiretroviral therapies on which approximately 50% of
people being treated for HIV/AIDS in the developing world depend.
We market our products in more than 165 countries and territories.
We are one of the world's largest producers of active
pharmaceutical ingredients. Every member of our more than
35,000-strong workforce is dedicated to creating better health for
a better world, one person at a time. Learn more at
mylan.com.
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SOURCE Mylan N.V.