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Allergan Inc Announces Completion Of SkinMedica, Inc. Acquisition


Wednesday, 19 Dec 2012 10:48am EST 

Allergan Inc announced that it has completed the acquisition of SkinMedica, Inc. Under the terms of the agreement, which was first announced on November 16, 2012, Allergan paid approximately $350 million (subject to certain adjustments) for the business, which includes a variety of "physician dispensed" non-prescription aesthetic skin care products and prescription products. In connection with the closing of the transaction, SkinMedica spun out its Colorescience aesthetic make-up business. Allergan plans to operate SkinMedica as a separate global business based out of SkinMedica's current headquarters in Carlsbad, CA. 

Company Quote

166.45
2.77 +1.69%
2 Sep 2014