Botox maker Allergan (NYSE: AGN) has received the Marketing Authorization for Belkyra (deoxycholic acid) after being granted approval by the Swedish Medical Products Agency (MPA).
Belkyra is a prescription medicine for the treatment of moderate-to-severe convexity or fullness associated with submental fat (often called double chin) in adults when the presence of submental fat has a psychological impact for the patient.
Ireland-headquartered Allergan gained the injectable drug through its acquisition of Kythera Biopharmaceuticals for about $2.1 billion in June 2015.
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