Eris Lifesciences has announced the acquisition of nine cosmetic dermatology brands in the Indian market from Dr. Reddy’s Laboratories for INR 275 crores in cash. According to the Indian pharma company which is based in Ahmedabad, the deal helps supplement and grow its cosmetic dermatology business through the increase of its product offerings. The brands […]
Dr. Reddy’s Laboratories has agreed to acquire the US generic prescription product portfolio of Mayne Pharma Group, an Australian pharma company, in a deal worth up to $105 million. The generic drug portfolio involved in the deal includes around 45 commercial items, four pipeline products, as well as 40 non-marketed approved products, including a variety […]
Sol-Gel Technologies, an Israel-based dermatology company, has acquired patidegib, a Gorlin syndrome drug candidate in phase 3 development, from US-based biotechnology company PellePharm, in a deal worth up to $75 million. Patidegib has breakthrough therapy and orphan drug designations from the US Food and Drug Administration (FDA). With potential market of more than $300 million, […]
Glenmark Pharmaceuticals has agreed to sell certain brands from its dermatology segment in India and Nepal to Eris Oaknet Healthcare, a fully-owned subsidiary of Eris Lifesciences. The consideration for the deal is INR 340.48 crores, stated the Indian pharma company. The brands being divested are Onabet, Sorvate, Halovate, Demelan, Luligee, Aceret, Revize, Dosetil, and Powercort, […]
Torrent Pharmaceuticals said that it has wrapped up the previously announced INR 2,000 crores acquisition of Curatio Healthcare (I) Private Limited, a cosmetic dermatology company. Announced in late September 2022, the deal is expected to help the Indian pharmaceutical firm bolster its presence in the dermatology segment. Curatio Healthcare gives 600 medical representatives (MRs) and […]
Glenmark Pharmaceuticals has launched a topical Minocycline 4% Gel under the brand name MINYM in India for the treatment of moderate to severe acne. According to the Indian pharma company, MINYM is a potent antibacterial gel which provides a strong anti-inflammatory action. Compared to the available topical antibacterial formulations, its topical Minocycline 4% Gel offers […]
The US Food and Drug Administration (FDA) has rejected an application of Pulse Biosciences is seeking expansion to the current labeling of CellFX System to include its use for the treatment of sebaceous hyperplasia. The bioelectric medicine company said that the FDA issued an additional information (AI) letter stating that it needs more clinical evidence […]
Ireland-based Perrigo Company has agreed to acquire three over-the-counter (OTC) skincare and hair loss treatment brands sold across Eastern Europe, namely Emolium, Iwostin, and Loxon, from French pharma giant Sanofi. Financial terms of the deal were not disclosed by the parties. According to Perrigo Company, the products to be acquired have trailing 12 months net […]
Chicago-based medical device company Lira Style has launched a new laser hair removal platform called the Cervello. Lira Style claims that Cervello provides clinically proven laser hair removal treatments for all types of skin with a combination of 755 Alexandrite, 1064 long-pulsed YAG, and 808 Diode. The Cervello hair removal device is said to offer […]
Lilly acquisition of Dermira : US pharma giant Eli Lilly and Company (Lilly) has agreed to acquire California-based dermatology drug company Dermira for about $1.1 billion in an all-cash deal as per the latest pharma acquisition news. Dermira, which is being acquired for $18.75 per share, has been engaged in developing dermatology products for the […]