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Synopsis
American Pacific-backed Wellbeam Consumer Health, a healthcare and pharmaceutical company, completed the acquisition of Penetrex, a joint & muscle relief and recovery brand. Financial terms were not disclosed. “The addition of a proven brand like Penetrex is another step in building a differentiated and diversified wellness portfolio. At Wellbeam, we are passionate about bringing our expertise to accelerate impactful brands like Penetrex and Eu Natural that enable consumers to reach their wellness goals and live healthier lives," Chris Marschall, Wellbeam Consumer Health CEO.
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