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September 3, 2018
By: TOM BRANNA
Editor
DENMARK/GERMANY: Bayer is selling its global prescription dermatology unit to Leo Pharma. The portfolio to be acquired includes branded topical prescription treatments for acne, fungal skin infections and rosacea, and a range of topical steroids with an annual turnover in 2017 of more than €280 million (about $318 million at current exchange rates). The transaction does not include Bayer’s OTC dermatology portfolio of brands such as Bepanthen and Canesten among others. Leo Pharma will acquir...
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