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Article: CLARK LABORATORIES AND WAMPOLE LABORATORIES DISCUSSING MARKETING AND MANUFACTURING ALLIANCE
- Article from:
- PR Newswire
- Article date:
- July 31, 1995
CopyrightCOPYRIGHT 1995 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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JAMESTOWN, N.Y., July 31 /PRNewswire/ -- Clark Laboratories, Inc., announced today that it had entered into a non-binding Letter of Intent to provide the Wampole Laboratories Division of Carter-Wallace, Inc. (NYSE: CAR), with exclusive domestic marketing rights to its entire line of diagnostic test products.
Under this agreement, Clark would also become the exclusive manufacturer for certain diagnostic test products being acquired by Wampole.
Commenting on the proposed agreement, Mr. William Daly, President and Chief Executive Officer of Clark Laboratories, Inc., said, "We see the combination of Clark's strengths in development and manufacturing with ...