Chattem, Inc. (NASDAQ:CHTT)
Industry: Consumer Goods
Chattem, Inc. (Chattem) is a marketer and manufacturer of a portfolio of branded over-the-counter (OTC) healthcare products, toiletries and dietary supplements. The Company's portfolio of products includes topical analgesics, such as Icy Hot and Aspercreme; medicated skin care products, such as Gold Bond medicated skin care powder, cream, lotion, first aid and foot care products; Selsun Blue medicated dandruff shampoos and conditioner; dietary supplements, including Dexatrim, Garlique and New Phase, and other OTC and toiletry products, such as Pamprin, a menstrual analgesic; Herpecin-L, a lip care product; Benzodent, a dental analgesic cream, and toiletries, such as Bullfrog, a line of sunblocks; UltraSwim, a chlorine-removing shampoo, and Sun-In, a hair lightener. Chattem sells its products nationally through mass merchandiser, drug and food channels, principally utilizing its own sales force. During the fiscal year ended November 30, 2005, the Company entered into a settlement agreement with the DELACO Company (DELACO), successor by merger to the Thompson Medical Company, Inc., which owned the Dexatrim brand. On November 30, 2005, it sold the pHisoderm line of skin care products to The Mentholatum Co., Inc. Topical Analgesics The Company's topical analgesic portfolio features six brands. Its Icy Hot brand is in the external analgesic category and receives media support and advertising. Aspercreme provides odor-free pain relief for sufferers of arthritis and other joint and muscle pain. Capzasin is an arthritis pain reliever that contains capsaicin, the active ingredient that doctors and pharmacists recommend for arthritis sufferers. Sportscreme is targeted at serious athletes, as well as weekend warriors. Flexall is marketed toward those who seek menthol and an aloe vera-based pain reliever for conditions, such as chronic back pain or muscle strain. Arthritis Hot is a value-priced arthritis pain reliever. Medicated Skin Care Products In the fiscal year ended November 30, 2003, the Company launched Gold Bond Ultimate Healing Skin Therapy Lotion, which helps to heal and nurture dry, cracked and irritated skin with seven intensive moisturizers plus vitamins A, C and E. The Gold Bond Ultimate line expanded into the everyday bath powder category with the introduction of Gold Bond Ultimate Comfort Body Powder during the fiscal year ended November 30, 2005 (fiscal 2005). Gold Bond Ultimate Comfort Body Powder is a talc-free powder that provides freshness, odor protection and moisture control, and features the Ultimate fragrance. Medicated Dandruff Shampoos In March 2002, Chattem acquired the Selsun Blue line of medicated dandruff shampoos. Selsun Blue offers four domestic shampoo formulations: medicated, with a cooling clean feel; moisturizing, with aloe and moisturizers; two-in-one, with a conditioning system, and pH balanced for color treated hair. During fiscal 2005, the Company began shipping Selsun Salon, a dandruff control shampoo with moisturizers and nutrients. All Selsun Salon products are formulated with a blend of salon quality moisturizers, vitamins and nutrients. Selsun Salon is available in four formulas: Classic, for normal hair; two-in-one, for dry or damaged hair; Volumizing, for thinning or fine hair, and Moisturizing, for hair that needs extra conditioning. Dietary Supplements Dexatrim is a brand in the diet pill category. Dexatrim diet pills are available in two forms: Dexatrim Natural and Dexatrim MAX. Dexatrim Natural, a drug-free, all-natural dietary supplement, is available in green tea, caffeine-free and extra energy versions. Dexatrim Max contains vitamin B complex, ginseng, chromium and epigallocatechin gallate (EGCG) from green tea. The Company focuses the marketing of its Sunsource dietary supplements in two areas: cardiovascular and menopausal health. Garlique leads the garlic supplement category and is positioned as an odor-free, one-per-day supplement that will help maintain cholesterol levels within a healthy range. All Sunsource products are formulated to provide c
As Of: 10/07 00:00 ET
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