Gold Bond

Sanofi-Aventis announced Monday it will acquire Chattem Inc. for about $1.9 billion -- paying $93.50 per share, a 34% premium over Chattem's closing price Friday. The deal will create the world's fifth-largest consumer health-care company by revenues and helps Sanofi diversify into over-the-counter and consumer brands: a strategy used by Johnson & Johnson, and one many pharmas seek to adopt before the coming patent cliff.

According to the company: Gold Bond Ultimate® Soothing Skin Therapy Lotion is a daily, fragrance-free, therapeutic moisturizer that soothes and calms irritated, dry skin. That's because seven comforting moisturizers combine with skin-nurturing vitamins A, C and E, plus naturally soothing...