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:9/25/2017)... 2017  EpiVax, Inc., a leader in the ... today announced the launch of EpiVax Oncology Inc., ... therapeutic cancer vaccines. EpiVax has provided $500,000 in ... enabling technologies to the new precision immunotherapy venture. ... Oncology as Chief Executive Officer. Gad brings over ...
(Date:9/19/2017)... Sept. 19, 2017 HistoSonics, Inc., a venture-backed medical device company developing a non-invasive, ... tissues, announced three leadership team developments today:   ... ... ... Veteran medical device executive Josh Stopek , PhD, ...
(Date:9/13/2017)... , Sept. 13, 2017   OrthoAtlanta has ... the Atlanta Football Host Committee (AFHC) for the 2018 College ... Jan. 8, 2018, at Mercedes-Benz Stadium in Atlanta, ... of the AFHC "I,m In" campaign, participating in many activities ... ...
Breaking Medicine Technology:
(Date:10/13/2017)... NY (PRWEB) , ... October 13, 2017 , ... Ellevate ... people in business to advocate for action towards gender equality at their inaugural Summit ... from around the globe, and reached a social audience of over 3 million. To ...
(Date:10/13/2017)... Fairfax, VA (PRWEB) , ... October 13, 2017 ... ... provider of DevOps and Agile Software Development, has been awarded a contract by ... (EATS) Blanket Purchase Agreement (BPA) aims to accelerate the enterprise use of Agile ...
(Date:10/12/2017)... ... October 12, 2017 , ... ... sleep apnea using cutting-edge Oventus O2Vent technology. As many as 18 ... characterized by frequent cessation in breathing. Oral appliances can offer significant relief to ...
(Date:10/12/2017)... ... 2017 , ... The American College of Medical Informatics (ACMI) will present the ... Opening Session of AMIA’s Annual Symposium in Washington, D.C. AMIA’s Annual Symposium ... a pioneer in the field of medical informatics, this prestigious award is presented to ...
(Date:10/12/2017)... ... October 12, 2017 , ... HMP , a leader ... a 2017 Folio Magazine Eddie Digital Award for ‘Best B-to-B Healthcare Website.’ Winners were ... 11, 2017. , The annual award competition recognizes editorial and design excellence across a ...
Breaking Medicine News(10 mins):