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March 07, 2006

Osaka, March 7, 2006 – Shionogi & Co., Ltd. (Head Office: Osaka, President: Motozo Shiono) and Galderma KK (Head Office: Tokyo, President: Humberto C. Antunes) today announced they have signed a Memorandum of Understanding regarding a sales and marketing alliance for Adapalene, a topical treatment for acne vulgaris (common acne) currently being developed in Japan by Galderma.

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