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$475 million deal includes derm-dispensed PrecisionMD skin care products.
February 3, 2014
By: Christine Esposito
Editor-in-Chief
Valeant Pharmaceuticals has entered into a definitive agreement to acquire PreCision Dermatology, Inc. for $475 million in cash, plus an additional $25 million payable upon the achievement of a sales-based milestone. PreCision develops and markets high quality dermatology products such as Locoid, Hylatopic, Clindagel, and BenzEFoam. “PreCision Dermatology has a wide range of medical dermatology products, treating a number of topical disease states such as acne and atopic dermatitis, and...
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