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Raisio brings cholesterol-lowering Benecol home for a 90m

2014-11-20 00:36:37| Food - Topix.net

"J&J should have sold it 10 years ago," is one analyst's appraisal of Finnish agro-food giant Raisio's buy-back of the licensing rights to its cholesterol lowering, plant stanol-based Benecol brand today, referring to US market difficulties for the European sector leader. Raisio has paid a 88.4m to take back the licensing rights from Johnson & Johnson subsidiaries Cilag and McNeil Nutritionals in the UK, Ireland, Belgium and the US.

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