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Galderma
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Galderma is a multinational dermatology company headquartered in Sweden. It was founded in 1981 as a joint venture between Nestlé and L’Oréal, with the aim of becoming a global leader in dermatology. The company's headquarters is located in Stockholm, Sweden.
Galderma specializes in the research, development, and marketing of dermatological solutions, providing a wide range of products and services. Its main focus areas include prescription drugs, aesthetic and corrective products, and consumer healthcare solutions. The company offers dermatology solutions for conditions such as acne, rosacea, psoriasis, and skin cancer, among others.
On a global scale, Galderma operates in over 100 countries and has a strong presence in Europe, North America, and Asia. The company has established several noteworthy subsidiaries, joint ventures, and partnerships. In 1992, Galderma established a subsidiary in the United States, which has become a key market for the company.
Additionally, the company has joint ventures with Almirall in the United States and Canada, and with Shandong Luye in China. These partnerships have helped to expand Galderma's reach and market share in these regions. Galderma holds a strong market position, with global sales reaching over $2 billion in 2020.
The company is considered a major player in the dermatology industry and competes with other leading pharmaceutical companies such as Johnson & Johnson and Pfizer. Galderma's success can be attributed to its focus on research and development, as well as its continuous innovation in dermatological solutions. Throughout its history, Galderma has achieved several significant milestones.
In 2007, the company acquired CollaGenex Pharmaceuticals, expanding its product portfolio and strengthening its presence in the United States. In recent years, Galderma has focused on expanding its aesthetic and corrective products, introducing new treatments and technologies to meet the increasing demand for non-invasive cosmetic procedures. As of the latest available information, Galderma continues to be a leading player in the dermatology industry.
The company remains committed to driving innovation in the field of dermatology and expanding its product portfolio to meet the evolving needs of patients worldwide
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