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$350 million deal excludes Colorscience makeup line.
November 16, 2012
By: TOM BRANNA
Editor
Allergan, Inc. has entered into a definitive agreement with SkinMedica, Inc. to acquire the privately held company’s topical aesthetics skin care business. Under the terms of the agreement, Allergan will pay SkinMedica $350 million up-front (subject to certain adjustments) for the business, which includes a variety of “physician dispensed” non-prescription aesthetic skin care products and prescription products.Allergan will also pay SkinMedica an additional $25 million contingent upon the ac...
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