
Leo Pharma is acquiring Bayer's dermatology unit with 450 employees
Shots:
- The agreement includes drug for treatment of acne- fungal skin infections and rosacea- and a range of topical steroids summing up an annual turnover of ≥280 Mn Euros in 2017
- Leo will have global product rights including sales- marketing in 14 countries except Afghanistan and Pakistan and a manufacturing site in Italy
- Acquisition closure will be during 2018 in the US and during H2’19 for RoW
Ref: Bayer | Image: Forbes
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