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Galderma Sales Top $1 Billion, Led By Injectables

Galderma, the Swiss cosmetic skincare and medical company, reported net sales growth of 12.4 percent to $1 billion in its first-quarter results announced today. Cetaphil and Differin as well as cosmetic aesthetic products such as Dysport, Sculptra and Restylane, Galderma went public in March. It initially raised $2.6 billion, with its stock surging 18 percent on its first day of trading.
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GEORGE V MAGAZINE
Neubauer Artists LLC
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The public company reported strong sales, as demand for its dermatological skincare and injectable products surged.

Year-on-year growth was reported in all categories, with a 19.3 percent increase in injectables, 8.4 percent spike in dermatological skincare and 4 percent growth for therapeutic products.

Within the injectables category, sales of neuromodulators (such as Botox alternative Dysport), were $263 million, up 20.4 percent, while fillers and biostimulators were $248 million, up 18.2 percent. The growth was mainly led by volume, as demand for so-called “tweakments”, or minimally invasive procedures continues to rise. Dermatological skincare sales, led by affordable brand Cetaphil, were $351 million, with global expansion in Asia, as well as marketing efforts tied to New York Fashion Week and the Super Bowl were noted as growth drivers.

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