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See the DrugPatentWatch profile for Claritin
The parent company of Claritin is Bayer AG [1]. However, Claritin, along with other brands like Coppertone and Dr. Scholl's, was sold by Bayer AG to a private equity firm, SC Health, in 2019 [2][3]. Therefore, SC Health is the current owner of the Claritin brand.
SC Health's portfolio includes several consumer health brands. Beyond Claritin, the company also owns brands such as Coppertone and Dr. Scholl's [2][3].
Bayer AG completed the sale of Claritin and other select brands to SC Health in 2019 [2][3]. This divestiture was part of Bayer's strategy to streamline its business following its acquisition of Monsanto [3].
Bayer AG is a global enterprise with core competencies in the fields of healthcare and agriculture. The company's products and solutions aim to improve people's lives and address global challenges [1]. Before the sale of Claritin, Bayer's consumer health division also included brands like Aleve, Alka-Seltzer, and Bepanthen [1].
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