An interesting article from the Business section of the Star-Telegram about the local presence of Galderma in Fort Worth, Texas.
Galderma is one of the key companies for rosacea sufferers to follow given their products such as Cetaphil, Metrogel, Oracea and the in-development Sansrosa.
Swiss skin-care company thrives even during hard times, executive notes at Fort Worth facility
BY BARRY SHLACHTER
Posted Sunday, Apr. 17, 2011
FORT WORTH — What recession?
Francois Fournier is a happy French executive who since June 2009 has been president of the Fort Worth-based North American unit of Galderma Laboratories, a Swiss dermatological products company that clearly suffered no pain during the Great Recession.
…
"We are directly funding Phase IV [post-approval research on various dermatology conditions] as well as basic research on new treatments for rosacea, acne, psoriasis and skin cancer" at regional institutions, including the University of Texas Southwestern Medical Center at Dallas, Mike Voigt, director of human resources, said in an email.
Galderma History
Galderma was originally a Texas Company in 1961, Owen Laboratories. Acquired by Alcon in 1972. Nestle bought Alcon in 1977 and transferred it to a joint venture with L’Oreal in 1981.
Galderma Financials
- Galderma’s worldwide sales in 2010 were €1.2 billion ($1.7 billion USD)
- The United States is responsible for 60% of Galderma’s worldwide revenue.
- Sales climbed 19% last year.
- Galderma employs 586 people in North America, 220 in Fort Worth.
