Apr 21, 2017 – 11:38 (Bloomberg Gadfly) — Two big consumer groups engaged in transformative M&A: two disappointments. Reckitt Benckiser Group Plc, which agreed to buy Mead Johnson Nutrition Co. for $16.6 billion earlier this year, announced flat like-for-like sales expansion on Friday. That is the first time ever that the company has failed to…
By Sneha Singh – April 22, 2017/The Tecake The Central Drugs Standard Control Organization (CDSCO) has discovered prevalent painkiller Combiflam and icy pharmaceutical D Cold Total, produced and sold by Sanofi India and Reckitt Benckiser Healthcare India, separately, to be substandard in its tests done a month ago. In addition, Cipla’s Oflox-100 DT tablets and…
Marketing Magazine, Australia—No matter how prominent your brand or how big your budget, over-promising in your advertising or being a tad too clever with your choice of words, is playing with fire. In the worst-case scenario your brand promise will go up in smoke, along with your profits. Reckitt Benckiser’s Nurofen Nurofen is a case…
RB Past Actions Raises Doubts in Preserving Consumer Safety LOS ANGELES, Calif. – (Feb. 28, 2017) – Calling into question a proposed $16.6 billion acquisition of U.S. baby food maker Mead Johnson Nutrition Co. (MJN.N) by British conglomerate Reckitt Benckiser Group Plc (RB.L), the Consumer Safety Coalition urged U.S. Attorney General Jeff Sessions to begin…
It’s evidence to justify pharma’s current fears. Amid all of the recent scrutiny on drug pricing—and after enjoying years of great pricing freedom in the U.S.—drugmakers have reined in their price hikes since the start of 2017. And that may threaten this year’s revenue. Citing analysts at Raymond James, The Wall Street Journal reports that just…
Childcare product manufacturer Britax is voluntarily recalling 676,000 strollers in the United States after discovering the car seat on their B-Agile and BOB Motion strollers may disengage and cause a fall to the child, according to federal safety officials. The Consumer Product Safety Commission announced today that “Britax has announced 33 reports” of incidents that…