Company News

Wyeth Purchases ThermaCare from P&G

Heat wraps don't fit Procter's long-term plans

Wyeth Consumer Healthcare, a division of pharmaceutical giant Wyeth, said it has completed the acquisition of the ThermaCare heat-wrap brand from Procter & Gamble Co.

Terms were not disclosed.

ThermaCare heat wraps are sold over the counter to treat muscle and joint pain.

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