INTEGA Skin Sciences Aquires Laboratoire Dr Renaud, Pro-Derm and Premiology Brands, from Valeant

Quebec-based dermatology company INTEGA Skin Sciences Inc. announced today that it has signed an agreement with Valeant Canada to acquire Valeant Groupe Cosméderme, which includes Laboratoire Dr Renaud, Pro-Derm, and Premiology, three high-end medical skincare brands developed and manufactured in Laval.
Under the terms of the agreement:

Under this purchase agreement, INTEGA will acquire all shares of Valeant Groupe Cosméderme comprised of Laboratoire Dr Renaud, Pro-Derm and Premiology given the existing significant commercial synergies between divisions. The purchase comprises all Laboratoire Dr Renaud, Pro-Derm and Premiology products, trademarks and intellectual property, formulations, research and development capabilities, contracts as well as the transfer of the lease of one of Valeant’s state of the art production facilities located inLaval, Quebec which was used for Cosméderme’s s portfolio and other products. Under the agreement, INTEGA will continue to manufacture select Valeant products for a minimum of three years.

Former pharmaceutical industry senior executive, and founder of INTEGA Skin Sciences Inc, Gregory M.C. Orleski, commented:

We approached Valeant with the objective of bolstering our pipeline and capabilities and investing in three strong Quebec-made, high-quality brands that are trusted by both skincare professionals and consumers across Canada.By acquiring solid brands, by bringing Canadians vetted products that have proven themselves on foreign markets, by investing in cutting-edge research and development, and by fostering a culture of entrepreneurship throughout the company, we aim to positively impact the lives of Canadians suffering from skin ailments by promoting healthy skin through clinically proven quality dermatology products.

 Click here to view the full press release.