India’s Zydus Group has acquired the dermatology brand Melgain from Hyderabad-based Issar Pharma.
In India, Melgain will be marketed by Liva Healthcare, a specialty division of the group catering to the dermatological segment. Zydus also has an option to launch this product in other global markets where it is not available. Financial terms of the transaction were not disclosed.
Melgain is used for the treatment of vitiligo, a chronic skin condition characterized by portions of the skin losing their pigment. It occurs when skin pigment cells die or are unable to function. Though the reason for the onset of the condition is not known, the most widely accepted view is that the depigmentation occurs because vitiligo is an autoimmune disease - a disease in which a person's immune system reacts against the body's own organs or tissues.
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