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Allergan Acquires Dermatology Assets with $275M Vicept Buy

By Catherine Shaffer

Wednesday, July 20, 2011
Allergan Inc. will acquire dermatology company Vicept Therapeutics Inc. in a deal worth up to $275 million. Malvern, Pa..-based Vicept's lead product, V-101, is in development for rosacea and has showed positive results in Phase II trials. The acquisition will beef up Allergan's range of dermatology products, which includes Tazorac (tazarotene) and Botox (onabotulinumtoxinA).

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