 |
News today that Bayer HealthCare is selling its prescription dermatology business to the unlisted Danish company Leo Pharma.
Leo Pharma now becomes an interesting company for rosacea sufferers given the prevalence and efficacy of both Finacea and Finacea Foam. The future of these products and any related funded research now rests with Leo Pharma.
Ballerup, Denmark and Leverkusen, Germany July 31, 2018 – LEO Pharma and Bayer announced today, that LEO Pharma has entered into a definitive agreement to buy Bayer’s global prescription dermatology unit.
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 euros.
It will enable LEO Pharma to expand significantly in key markets worldwide and broaden its therapeutic areas.
Bayer’s global medical dermatology portfolio, which includes prescription treatment solutions for acne (Skinoren®), fungal skin infections (Travogen® and Travocort®) and rosacea (Finacea®), and a range of topical steroids (Advantan®, Nerisona®, and Desonate®), will add complementary treatment areas and strengthen the existing business of LEO Pharma worldwide, allowing the company to more than double sales in some markets.
The transaction does not include Bayer’s over-the-counter dermatology portfolio of brands such as Bepanthen® and Canesten® amongst others.
Ive been on Finacea for a year and its been a miracle gel for my pustual rosacea. Bayer Finacea cleared up my rosacea completely and I ran out…When I went to get a refill, they gave me LEO Finacea (Bayer sold the rights to LEO) and after 3 weeks of using my new Finacea by LEO, My roseasa is back as of this evening. I do not think this is a fluke, because when I used the Bayer Finacea, there was tingling, with LEO Finacea, there is nothing. I am heading back to my dermatologist and hoping there is something as effective as the Bayer Brand….LEO most definitely has changed the prescription somehow! Any one else had this issue?