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ANNUAL report 2011

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EMERvEL<br />

The international launch of the emervel<br />

hyaluronic acid-based dermal filler range,<br />

in January <strong>2011</strong>, strengthened Galderma’s<br />

position in the aesthetic procedures segment.<br />

pany focused on its priorities: innovation,<br />

med ical training and the consolidation of its<br />

presence in the New Markets. Galderma continued<br />

to expand in China, India and South-<br />

East Asia, taking advantage of the structures<br />

established by Q-Med, which has already a<br />

notable presence in the region.<br />

+8.4%<br />

sALes growth (1)<br />

Closer to the major markets<br />

To keep pace with growing demand and<br />

move as close as possible to its major markets,<br />

Galderma intensified its industrial investment<br />

programme in <strong>2011</strong>. This led to more efficient<br />

facilities, with an increased production<br />

capacity of +40% and reduced costs, after an<br />

extension of two main production platforms,<br />

in France and Canada. Furthermore,<br />

Galderma has increased its production<br />

capacities in Brazil and now has a fourth factory<br />

in Sweden.<br />

(1) Like-for-like.<br />

4<br />

derMAtoLogy<br />

r&d sites<br />

a MOsaIC OF<br />

russian<br />

sUCCess<br />

With cities such as Moscow, Saint Petersburg and Novosibirsk, the<br />

Russian market offers Galderma a host of opportunities, which the<br />

company began to seize several years ago. As patients’ expectations<br />

in this country are extremely varied, it would be difficult to apply<br />

a single strategy. Each region has specific needs and expectations,<br />

which means the response must be specially adapted in each case.<br />

The treatment of skin diseases and aesthetic medicine is growing<br />

in importance in Russia. Over-the-counter sales in pharmacies,<br />

the most dynamic segment for Galderma in this country, offer<br />

a unique opportunity for direct contact with patients. The huge<br />

success of Loceryl, for the treatment of fungal nail infections, is<br />

a symbol of this winning strategy, underpinned by TV and online<br />

advertising campaigns. Meanwhile, aesthetic and corrective<br />

dermatology is booming, particularly in major cities. Through its<br />

Q-Med division, Galderma offers a portfolio of products and services<br />

for customised treatment to meet each patient’s expectations.<br />

In the background, there is always a common denominator: the<br />

training of healthcare professionals, which is the key to success.<br />

With +47% growth (1) in <strong>2011</strong>, Galderma performed very well<br />

in Russia. The growth potential, like the country itself, is vast.<br />

Now that Galderma boasts a major presence in eight Russian<br />

cities, there is a dual ambition: to capitalise on Galderma’s<br />

reputation to conquer new regions, and to become the<br />

privileged partner of dermatology healthcare professionals.<br />

67

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