Navigation Links
Allergan's Global Dominance in Facial Injectables Challenged by Acquisitions and Partnership Agreements Among Competitors
Date:5/14/2013

TORONTO, May 14, 2013 /PRNewswire/ -- According to Millennium Research Group (MRG), the global authority on medical technology market intelligence, Allergan continues to dominate the global facial injectable market but is facing increasing competition from a growing number of competitors. As the traditional leader in this market, Allergan earned its top position primarily through its longstanding monopoly of the global botulinum toxin (BTX) market, where its BOTOX Cosmetic product has become commonly considered synonymous with BTX itself. In recent years, however, more competitors have entered the BTX market, and the newer market for dermal fillers has also blossomed, making it difficult for Allergan to maintain its share.

(Logo: http://photos.prnewswire.com/prnh/20130103/MM36799LOGO )

This is especially true given the number of acquisitions and partnership agreements that have occurred in the facial injectable market. For example, Q-Med, which manufactured the popular and original hyaluronic acid (HA) dermal filler, Restylane, was acquired by Galderma in mid-2011. Given that Galderma already distributed Ipsen's Dysport BTX product in a number of geographies, the company can now offer both products together, competing with Allergan's product bundle of BOTOX Cosmetic and its popular JUVEDERM dermal filler.

Sanofi also sold its Dermik Laboratories subsidiary to Valeant Pharmaceuticals International around the same time, passing on the ownership of Dermik's popular line of Sculptra Aesthetic non-HA dermal fillers. More recently, Valeant Pharmaceuticals International acquired Medicis, which distributes Restylane and Dysport in North America. This allows Valeant Pharmaceuticals to become a major competitor in the lucrative North American market, where it will offer products across all three facial injectable product categories.

"Valeant Pharmaceuticals International, Ipsen and Galderma aren't Allergan's only problems," said MRG Senior Analyst Karen Gierszewski . "The injunction Allergan won against Merz Pharma in the United States was lifted early this year, and all signs point to XEOMIN earning rapid adoption in the country. Additionally, Allergan has historically struggled in the Asia Pacific BTX market, where low-cost local competitors such as Medytox, Lanzhou Institute of Biological Products (LIBP) and Hugel continue to be very successful."

Millennium Research Group's Global Competitor Insights for Facial Injectables 2013 report includes an overview of the global facial injectable market as well as detailed insight on the top ten manufacturers in this space. The geographies included in this analysis are North America (United States and Canada), Europe (France, Germany, Italy, Spain and the United Kingdom) and the Asia Pacific (Australasia, China, South Korea and Japan).

About Millennium Research Group
Millennium Research Group (www.MRG.net), a Decision Resources Group company (www.DecisionResourcesGroup.com), is the global authority on medical technology market intelligence and the leading provider of strategic information to the healthcare sector. The company provides specialized industry expertise through multiclient market research, ongoing Marketrack™ projects, customer loyalty tracking, facility-level procedure forecasting, and customized solutions.

About Decision Resources Group
Decision Resources Group is a cohesive portfolio of companies that offers best-in-class, high-value information, and insights on important sectors of the healthcare industry. Clients rely on this analysis and data to make informed decisions. Please visit Decision Resources Group at www.DecisionResourcesGroup.com.

All company, brand or product names contained in this document may be trademarks or registered trademarks of their respective holders.

For more information, contact:


Christopher Comfort
Decision Resources Group
781-993-2597
ccomfort@dresources.com

Alex Jablokow
Millennium Research Group
617-599-8613
ajablokow@mrg.net


'/>"/>
SOURCE Millennium Research Group
Copyright©2012 PR Newswire.
All rights reserved

Related medicine technology :

1. Top buyers including Atico, Coles Group Asia, Kmart, Staples, Office Depot and Target Australia pre-registered to attend Global Sources spring China Sourcing Fairs
2. ConvaTec Donates $10,000 To AAWC Global Volunteers Program Through SAWC Walk For Wellness
3. Qmed, the Leading Global MedTech Industry Resource, Partners with Clarimed, to Provide the Medical Manufacturing and Healthcare Industry with FDA Reports on Adverse Events
4. Attendees Save Up To $800 on Global Healthcare Conferences in 2012 by Registering Through Global Information Inc.
5. Kelyniam Global Inc. Reports Record Cranial Implant Revenues in the 1st Quarter of 2012
6. Varian Medical Systems and Siemens Healthcare Announce Global Collaboration to Advance Clinical Capabilities and Offerings in Radiotherapy and Radiosurgery
7. Ultra Clean to Present at the Jefferies 2012 Global Technology, Media & Telcom Conference
8. Axis Global Logistics Names Mr. Thomas Brennan, Vice President Strategic Accounts & Life Sciences
9. Angeion Appoints Matthew S. Margolies as Executive Vice President - Global Sales
10. OTC Pharmaceuticals: Global Industry Almanac, MarketLine
11. Global Pharmaceutical Leaders All Converging in Parsippany, New Jersey on September 11-12, 2012 for Breakthrough Event
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:2/21/2017)... Feb. 21, 2017 Micro Guide Catheters ... http://www.reportlinker.com/p04711314-summary/view-report.html Micro Guide Catheters ... hospitals, specialty clinics and ambulatory surgery centers etc. ... tip. The selection of micro guide catheter depends ... in human body. Micro guide catheters are available ...
(Date:2/21/2017)... , Feb. 21, 2017  Luminex Corporation (NASDAQ: ... of directors has authorized the initiation of a quarterly cash ... This initial cash dividend will be payable on April 14, ... business on March 24, 2017. The board ... quarterly cash dividend of $0.06 to holders of its common ...
(Date:2/21/2017)... , Feb. 21, 2017  /PR Newswire/ -- ... pleased to announce the launch of Modern Retina ... website for retina specialists. Built upon the ... focuses on the latest innovations in the areas ... and practice management. By meeting current informational needs and ...
Breaking Medicine Technology:
(Date:2/22/2017)... , ... February 22, 2017 , ... ANGLESTRONG , ... Angle, is now available on the App Store and Google Play ... apps for the addiction and recovery industry, partnered with Angle to build ANGLESTRONG. The ...
(Date:2/22/2017)... ... February 22, 2017 , ... ... a new media platform connecting healthcare technology professionals and other key stakeholders with ... a quarterly publication starting on March 1, announced Michael J. Hennessy, Jr., president ...
(Date:2/22/2017)... ... 22, 2017 , ... Social media marketing is transitioning from a singular person ... & Jones’ delves into this insight and more in its latest episode of its ... Vener meets up with social media strategist and partner of the digital firm Med|Ed ...
(Date:2/22/2017)... (PRWEB) , ... February 22, 2017 , ... ... category by itself - the Vector™ Series Multi-Cook Oven offers up to four ... chamber, featuring exclusive Structured Air Technology™ for unmatched evenness in cooking. Alto-Shaam has ...
(Date:2/21/2017)... ... February 21, 2017 , ... Tripp Lite, a world-leading ... extension cords that meet the most current standards. , The adoption by the ... National Fire Protection Association (NFPA) 101 – Life Safety Code (LSC) and NFPA ...
Breaking Medicine News(10 mins):