Rise of cosmetic dermatology space gets big pharma looking for buyouts

According to reports, Torrent Pharmaceuticals is set to sign a deal to acquire Curatio Healthcare, a maker of skincare products, for Rs 2100 crore.

The fast-growing cosmetic dermatology space is attracting big players such as Torrent Pharmaceuticals, which is in the race to make a big acquisition in the segment.

According to reports, the company is set to acquire Curatio Healthcare, which makes skincare products, for Rs 2,100 crore.

The Rs 240-crore company, which has about 50 products prescribed by 6,000 doctors and a network of 700 distributors, has been valued at a premium.

A senior executive at a firm, also in the race to buy Curatio, said its portfolio of cosmetic-dermatology brands made it lucrative.

“The average prescription value of dermatology is high because the products are