07.29.16
Espada Dermatology has purchased the GlyDerm line of skin care products from Lautus Pharmaceuticals. Espada is a wholly-owned subsidiary of Mission Pharmacal and adds breadth to Mission's established line of dermatological drug products.
Prior to this acquisition, Mission offered prescription dermatological products solely through Mission Dermatology and the Brava Pharma Sales Group. The products these two respective units offer will remain in place and are used to relieve dry, itchy skin, acne, and dermatitis. By adding Espada as a consumer product entity focusing on esthetic dermatology to the total Mission dermatological portfolio, the company plans to initiate an educational effort, as well as market growth strategies to benefit both healthcare providers and consumers.
"This acquisition demonstrates Mission's focus and commitment to dermatology and skin health," said Terry Herring, president, commercial operations, Mission Pharmacal. "We look forward to partnering with healthcare providers in the growth and expansion of esthetic dermatology and improving the care and treatment of patients. We are excited to offer GlyDerm, a product with a proven track record in esthetic dermatology and skin health."
GlyDerm skincare products deliver gentle, effective, full-potency glycolic acid to the skin over time by utilizing a unique esterification process. This proprietary process allows for a time-released delivery of glycolic acid that works gently to reduce the signs of aging and photo damage. The product extends Mission's dermatology line to include the newest advances in anti-aging formulation and improve the customer experience by deploying a highly trained sales force.
To support Espada's acquisition, Trey Schutz has joined the company as vice president, general manager, Mission Dermatology. Mr. Schutz will oversee a product portfolio of dermatology products that have both a prescription and consumer focus. Working with Mr. Schutz on the prescription side of Mission Dermatology will be David Kinnard, who will continue to oversee the sales and marketing efforts for the Mission and Brava Dermatology teams. Specific to Espada and the consumer side of Mission Dermatology, Mr. Schutz will work with Steve Bosacki, executive director, Dermatology Consumer Esthetics.
Prior to this acquisition, Mission offered prescription dermatological products solely through Mission Dermatology and the Brava Pharma Sales Group. The products these two respective units offer will remain in place and are used to relieve dry, itchy skin, acne, and dermatitis. By adding Espada as a consumer product entity focusing on esthetic dermatology to the total Mission dermatological portfolio, the company plans to initiate an educational effort, as well as market growth strategies to benefit both healthcare providers and consumers.
"This acquisition demonstrates Mission's focus and commitment to dermatology and skin health," said Terry Herring, president, commercial operations, Mission Pharmacal. "We look forward to partnering with healthcare providers in the growth and expansion of esthetic dermatology and improving the care and treatment of patients. We are excited to offer GlyDerm, a product with a proven track record in esthetic dermatology and skin health."
GlyDerm skincare products deliver gentle, effective, full-potency glycolic acid to the skin over time by utilizing a unique esterification process. This proprietary process allows for a time-released delivery of glycolic acid that works gently to reduce the signs of aging and photo damage. The product extends Mission's dermatology line to include the newest advances in anti-aging formulation and improve the customer experience by deploying a highly trained sales force.
To support Espada's acquisition, Trey Schutz has joined the company as vice president, general manager, Mission Dermatology. Mr. Schutz will oversee a product portfolio of dermatology products that have both a prescription and consumer focus. Working with Mr. Schutz on the prescription side of Mission Dermatology will be David Kinnard, who will continue to oversee the sales and marketing efforts for the Mission and Brava Dermatology teams. Specific to Espada and the consumer side of Mission Dermatology, Mr. Schutz will work with Steve Bosacki, executive director, Dermatology Consumer Esthetics.