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Allergan acquires Argentine skin care company.


IRVINE, Calif.--(BUSINESS WIRE)--Dec. 15, 1994--Allergan Inc. (NYSE NYSE

See: New York Stock Exchange
:AGN AGN Again (Amateur Radio)
AGN Active Galactic Nucleus
AGN Acute Glomerulonephritis
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AGN Air Gabon (ICAO code) 
) announced that it has acquired Lorsen SA, a skin care company based in Buenos Aires, Argentina.

Terms of the agreement were not disclosed.

"The acquisition of Lorsen allows us to build a regional base in both the aesthetic and ethical dermatological markets and prepares us for the future launch of the topical retinoid retinoid /ret·i·noid/ (ret´i-noid)
1. resembling the retina.

2. retinal, retinol, or any structurally similar natural derivative or synthetic compound, with or without vitamin A activity.
 tazarotene for the treatment of psoriasis," said Allergan President and Chief Executive Officer William C. Shepherd.

"Coupled with our earlier acquisition of LOA Loa (lō`ä), longest river of Chile, 275 mi (443 km) long, flowing S from the Andes, N Chile, then W and N through the Atacama Desert, before turning W to the Pacific Ocean. , an Argentine ophthalmic pharmaceutical company, Argentina is becoming an important part of our Latin America strategy."

Allergan, a global health care company with headquarters in Irvine, develops, manufactures, and markets specialty therapeutic products for eye and skin care and neuromuscular neuromuscular /neu·ro·mus·cu·lar/ (-mus´ku-ler) pertaining to nerves and muscles, or to the relationship between them.

neu·ro·mus·cu·lar
adj.
1.
 disorders. A technology-driven company, Allergan is working to be the partner of choice for ever better health care.

CONTACT: Allergan Inc., Irvine
              Jeff D'Eliscu, 714/752-4636 (work)
              or 714/675-9475 (home)
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Copyright 1994, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Dec 15, 1994
Words:157
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