Published On: Fri, Sep 14th, 2018

Allergan says aesthetics unit revenue may double by 2025


NEW YORK (Reuters) – Allergan Plc said it expects revenue at its medical aesthetics unit to grow to $7 to $8 billion by 2025, even as it faces increasing competition for its blockbuster wrinkle treatment, Botox.

The Allergan logo is seen in this photo illustration November 23, 2015. REUTERS/Thomas White/Illustration/File Photo

Revenue from the business in 2017 was $3.8 billion, Allergan said. It said the forecast implies an 8 to 10 percent compound annual growth rate.

Reporting by Michael Erman; Editing by Chizu Nomiyama



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Allergan says aesthetics unit revenue may double by 2025