Source: LOHAS Weekly Newsletter
Published: Tuesday, November 19, 2002

Basel, Switzerland-based pharmaceutial giant Novartis AG (NYSE: NVS) has bought Mississauga, Ontario-based W.K. Buckley Ltd., maker of Buckley's Mixture, an herbal-based cough syrup. Frank Buckley, the founder's son, will become a consultant for Novartis, and a company owned by the Buckley family will continue to make the cough medicine under contract from Novartis, according to a Nov. 15 article at Canada.com.

Stan Thompson, president of Novartis Consumer Health Canada, says the company plans to take advantage of the “great opportunity to grow this trusted brand.”