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Doylestown's Cold-Eeze sold for $50M to EpiPen makerLebanon County factory not included in sale

ProPhase Labs Inc., a Bucks County-based company with a factory in Lebanon County, will sell its popular Cold-Eeze cold remedy for $50 million to a subsidiary of Mylan N.V.

Mylan N.V., a global pharmaceutical company headquartered in Canonsburg, makes the EpiPen.

The deal is expected to close in the first quarter of 2017, subject to approval of ProPhase’s stockholders and other conditions, ProPhase said Monday.

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