California, USA-based Valeant Pharmaceuticals International says that, effective December 31, 2008, the company completed its $285.0-million acquisition of Dow Pharmaceutical Sciences, a privately-held dermatology company that specializes in the development of topical products on a proprietary basis, as well as for pharmaceutical and biotechnology companies.
Dow Pharmaceutical develops drugs for skin diseases and employs 159 workers including those at its headquarters in Petaluma and other California locations, as well as at research centers in Germany.
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