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The Latest Pharma Jobs, News and Events today | 01 December 2015

Almirall reaches an agreement to acquire 100% of Poli Group

Almirall, S.A. the global pharmaceutical company based in Barcelona, announces today that it has signed an agreement to acquire one hundred per cent of the share capital of Poli Group Holding S.r.l., the holding company of Poli Group. Poli Group comprises three operating companies (Taurus Pharma GmbH, Polichem S.A. and Polichem S.r.l).

With this strategic transaction Almirall continues to execute on the plan to become a top global Dermatology player announced last year after the transfer agreement with AstraZeneca....

Poli Group has a diversified and growing portfolio of proprietary and well-established drugs, focused on Dermatology and complemented with a strong portfolio of Gynaecology and Respiratory products, the latter promoted through distributors. The acquired brands include Ciclopoli®, the flagship product that has led Poli Group to become a world leader in nail diseases (onychomycosis), a large and underserved market affecting approximately 10-15% of the total population. Other main Dermatology products include Sililevo® and Zeloglin®, used to treat nail psoriasis and rosacea. 

Jorge Gallardo, President of Almirall, commented: “This important transaction is the result of our continued focus on growing our presence in the global Dermatology market. The products of Poli Group will provide Almirall with leading market positions in key geographies in which we want to increase our footprint. We still have room to grow in Dermatology and will continue to analyse opportunities in the market”. 

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