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Corporate and Industrial News
by ruth on October 24, 2006

"The combination of Stiefel and Connetics will create the world's premier dermatology company with a strong global presence in both branded and generic markets, dozens of marketed products and the most robust development pipeline in the industry. After the combination, Stiefel Laboratories, Inc. will have more than 3,500 employees worldwide, with more than 30 subsidiaries and sales in more than 100 countries."
Among the latest product in Connetics pipeline approved by the FDA is Verdeso(TM) (desonide) Foam, 0.05%, for the treatment of mild-to-moderate atopic dermatitis.
See more details of the merger from The Mercury News, and from Stiefel's and Connetics' press releases.
Tags:
dermatology
merger
pharmaceutical
biotech
connetics
stiefel+laboratories
connetics+million
buys+conn
Trackback: http://publish.creative-weblogging.com/publish/mt-tb.pl/40280
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