Santus Laboratories (owned by HealthEdge Partners) sold Cough/Cold asset to Reliable1 – October 2018

October 22, 2018

Overview

Santus Laboratories (owned by HealthEdge Partners) manufactures and sells dermatology products to the institutional market, including hospitals and long-term care. Santus’ key product is a proprietary and highly regarded product, Boroleum.
Boroleum was purchased by Reliable1. Relaible1 acquired the right to manufacture, market and sell Boroleum. Boroleum will enable Reliable1 to extend their product portfolio and provide a differentiated product to the institutional market.

Significance

This will provide Reliable1 the ability to market a differentiated and growing cough-cold product.

Crosstree’s Role

Crosstree acted as sole advisor to Santus/Healthedge.

Santus Laboratories (owned by HealthEdge Partners) sold Cough/Cold asset to Reliable1 – October 2018