French pharmaceutical company Ipsen (Euronext: IPN) on Wednesday said it has expanded the current distribution agreement for Dysport, with partner Galderma, in aesthetic indications to some Asia-Pacific territories.
The company said the clinical study will be funded by Galderma in exchange for the right to use results of study to support regulatory filing in China.
Marc de Garidel, chief executive of Ipsen said: “We are delighted to further expand our collaboration with Galderma, our key historical partner for the distribution of Dysport the global neurotoxin aesthetic market. Galderma has successfully grown Dysport and Azzalure in aesthetics, while Ipsen’s core strategy has been to reinforce its presence in movement disorders. We are confident that Galderma will also maximize Dysport’s aesthetic potential in the Asia-Pacific Territory.”
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