THE WHAT? Swiss skincare giant Galderma has announced a robust first-quarter net sales figure of US$1.071 billion, marking a 12.4% increase year-on-year. This positive financial update is the company’s first since its recent debut on the Swiss stock exchange.
THE DETAILS Following the announcement, Galderma’s shares surged over 3%, reflecting investor confidence in the company’s growth trajectory. Although gains later moderated, the strong sales performance underscores a promising start to the year.
THE WHY? CEO Flemming Ornskov highlighted the broad-based nature of this growth, spanning across various regions and product portfolios, with particular strength noted in the Asia Pacific region, especially China.
Clinical aesthetics products refer to a category of products used in the field of medical aesthetics or cosmetic dermatology. These products are typically designed and formulated to be used under the supervision of healthcare professionals, such as dermatologists, plastic surgeons, or trained aestheticians. They are distinct from over-the-counter cosmetics in that they often contain active ingredients or formulations that require expertise in their application or administration.
Examples of clinical aesthetics products include:
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Dermal Fillers: Injectable substances used to add volume, smooth wrinkles, and enhance facial contours. Examples include hyaluronic acid fillers like Juvederm and Restylane.
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Botulinum Toxin (Botox): Injectables that temporarily paralyze facial muscles to reduce the appearance of wrinkles caused by repetitive movements, such as frown lines and crow's feet.
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Chemical Peels: Solutions applied to the skin to exfoliate and improve its texture. They can treat acne, pigmentation issues, and signs of aging.
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Laser and Light Therapies: Devices that emit focused light or laser energy to treat various skin conditions, including acne, scars, and signs of aging.
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Prescription Skincare Products: Formulations containing active ingredients like retinoids (vitamin A derivatives), hydroquinone, or prescription-strength antioxidants to address specific skin concerns under medical supervision.
