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Galderma to take over Graceway US, Canadian assets

Galderma is set to take over all of Graceway Pharmaceuticals' US and Canadian assets, under a definitive agreement signed between the companies.

As per the terms of the deal, Galderma will acquire substantially all of Graceway’s assets including inventory and intellectual property rights and will assume the majority of Graceway’s contract manufacturing, contract research and other vendor contracts related to the acquired assets

Current prescription products marketed by Graceway include Zyclara (imiquimod) Cream, 3.75%, Aldara (imiquimod) Cream, 5%, Maxair Autohaler (pirbuterol acetate inhalation aerosol), Atopiclair Nonsteroidal Cream, and Estrasorb (estradiol topical emulsion).