Galderma Laboratories can't soothe all of the irritations of the world, but it can help with itchy, spotty, and sensitive skin. The company is the North American operation of Swiss firm Galderma Pharma, a joint venture between L'Oréal and Nestlé founded in 1981. As part of its business, Galderma Laboratories focuses exclusively on developing over-the-counter and prescription dermatology products. In addition to such consumer brands as Cetaphil, the company offers treatments for a variety of skin conditions. Areas of focus include remedies for acne, rosacea, atopic dermatitis (eczema), psoriasis, and melasma (darkening of the skin due to excessive melanin production).
Parent Galderma Pharma manufactures its products in Brazil, Canada, and France, with distribution networks that span more than 70 countries. It conducts research and development at facilities in France, Japan, and the US. Galderma Laboratories' primary research center is located in Europe's largest high-technology park at Sophia-Antipolis in southeast France.
The company's research involves using molecular, cellular, and in vivo bioassay systems to identify new therapies. The company's scientists work in conjunction with dermatologists to help develop new skin treatments. Along with Cetaphil, Galderma Laboratories' lead products include Clobex to treat psoriasis, topical acne medication Differin, and rosacea therapies Metrogel and Oracea.
Along with new product development, Galderma Pharma increases its size and scope through geographic expansion and, to a more limited extent, acquisitions to obtain new products and potential drug candidates.
Mergers and Acquisitions
In a deal that will make Galderma the dermatology leader in Switzerland, the company in 2013 agreed to acquire Spirig Pharma A.G., which develops, produces, and markets dermatological products through a complementary holistic approach.
In 2011 Galderma Pharma acquired Swedish firm Q-Med, a competing maker of implanted dermatology products for aesthetic and therapeutic uses. The purchase brought in dermal wrinkle treatment Restylane as well as products to treat arthritis in the knees and incontinence. Galderma intends to make Q-Med into the base of its aesthetics division.
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