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Industry News (Acquisitions)

Agreement Signed To Purchase Chartex

Published in Women's Health Weekly, December 11th, 1995

Wisconsin Pharmacal, Chicago, Illinois, announced that it has signed a definitive agreement to purchase 100 percent of the outstanding shares of Chartex Resources Limited of London, United Kingdom (U.K.).

Chartex owns the worldwide rights to the female condom, which is sold in the United States by Wisconsin Pharmacal's division, the Female Health Company (FHC), under the brand name "Reality." Chartex is also the sole manufacturer of the female condom.

Wisconsin Pharmacal currently licenses the rights to market the Reality female condom from Chartex for the U.S., Canada and Mexico. At completion of the transaction, Chartex will have net assets of...

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