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SANDOZ LICENSES OVALTINE IN U.S. TO HIMMEL

 SANDOZ LICENSES OVALTINE IN U.S. TO HIMMEL
 HYPOLUXO, Fla., Aug. 11 /PRNewswire/ -- Himmel Nutrition Inc. and


Sandoz Nutrition Corporation, Minneapolis, Minn., jointly announced, Monday, Aug. 3, that Himmel Nutrition Inc. will immediately assume the United States marketing rights to domestically produced Ovaltine brand products via a long-term licensing agreement.
 Jeffrey S. Himmel, chairman of Himmel Nutrition Inc., said, "We are extremely pleased to have formed a strategic marketing alliance for Ovaltine with Sandoz Nutrition Corporation. The Ovaltine product line has stood the test of time and we are excited about the future growth potential for the brand and Himmel Nutrition Inc."
 Helmut Breuer, president, Sandoz, Nutrition Corporation said, "The Ovaltine agreement is part of the overall plan of Sandoz Nutrition Corporation to disengage from the consumer market in order to focus strategically on its professional Clinical Nutrition, Foodservice, and Health Risk Management businesses."
 Himmel Nutrition Inc, is an affiliate of Martin Himmel Inc., which markets Gold Bond Medicated Powder and other consumer health care products in the United States and Canada. Management of Himmel Nutrition Inc. has over 25 years of marketing experience of various consumer products including Topol Smoker's Toothpolish, Doan's Backache Pills and Lavoris Mouthwash, formerly marketed by Jeffrey Martin, Inc.
 Patrick G. Dwyer, president of Martin Himmel Inc., will assume the same position for Himmel Nutrition Inc.
 Sandoz Nutrition Corporation researches, develops, manufactures and markets high-value nutritional products and services for professional use in improving health and quality of life.
 -0- 8/11/92
 /CONTACT: John Fontana of Sandoz Nutrition Corporation, 612-593-2147, or Stephen Henderson of Edelman Worldwide, 212-704-8112, for Himmel Nutrition/ CO: Himmel Nutrition Inc.; Sandoz Nutrition Corporation ST: Florida, Minnesota IN: FOD SU: LIC


PS-SM -- NY052 -- 8977 08/11/92 12:36 EDT
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Publication:PR Newswire
Date:Aug 11, 1992
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