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Beauty giant and pure-play dermatology company will explore strategic R&D partnership.
August 5, 2024
By: Christine Esposito
Editor-in-Chief
L’Oréal has acquired a 10% stake in Galderma Group AG from Sunshine SwissCo AG, a consortium, for a undisclosed amount. In addition, the companies have agreed to work towards a “strategic scientific partnership” that will leverage Galderma’s dermatological solutions and L’Oréal’s expertise in skin biology, diagnostic tools and evaluation methods. “I am very pleased to announce this strategic investment and partnership with Galderma. It marks an ambitious step for L’Oréal, and true to our m...
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