ANNUAL REVIEW 2021

THE PURE-PLAY DERMATOLOGY CATEGORY LEADER

 

 

We deliver an innovative, science-based portfolio of premium cutting-edge brands and services that span the full spectrum of the fast-growing dermatology market through Injectable Aesthetics, Dermo-cosmetics and Therapeutic Dermatology

2021 HIGHLIGHTS

1.

Restylane® Defyne FDA-approved for chin augmentation

2.

New approvals in China including Restylane Lyft Nose, Restylane Defyne, Restylane Lyft Lidocaine Midface

3.

Re-energized Galderma brand identity reflecting both our 40-year heritage of innovation in dermatology and our vision for tomorrow

4.

Positive decision for use in Europe of Alluzience®, the first ready-to-use BoNT-A neuromodulator

5.

Renewed commitment of Cetaphil® to environmental sustainability and social impact through the Clear Skies initiative

6.

Biostimulator Sculptra® label update in the U.S. for immediate use after reconstitution and more convenient administration. Re-launch in Europe with new administration protocol

7.

Launch of Restylane® Eyelight™, a new solution to combat under-eye shadows

8.

Acquisition of the award-winning Alastin Skincare®, dedicated to developing innovative and clinically-tested physician-dispensed skincare products

9.

Exclusive agreement with Sofregen to develop the next generation of biostimulator fillers using silk-based technology

10.

Exclusive licenses for the commercialization of Epsolay® and Twyneo® in the U.S.

11.

Presentation of new nemolizumab data reinforcing rapid onset of action and consistent relief of symptoms for people with prurigo nodularis and atopic dermatitis

12.

Celebration of 25 years of unmatched achievement for Restylane®, the original stabilized hyaluronic acid filler

CEO FOREWORD

Since launching as a stand-alone company in 2019, we have made great progress in realizing our full potential. Today, we operate as a simple, coherent and integrated dermatology company that is unique in our ability to reach the whole spectrum of consumers and healthcare professionals through a truly omni-channel, go-to-market strategy. We have oriented our business around the consumer with dermatology as our common platform.

With our complete dedication to dermatology and over 40 years of scientific innovation in this field, we are uniquely positioned for leadership and growth in this market”.

 

OUR UNIQUE INTEGRATED DERMATOLOGY STRATEGY

 

 

Our unique Integrated Dermatology Strategy is a key differentiator for Galderma by creating greater consumer, patient and healthcare professional engagement, generating better customer insights and delivering continuous innovation.

It is the driving force behind our strong performance, and we believe it will continue to accelerate our financial performance and deliver on our growth ambition in the years to come.

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POISED FOR GROWTH IN FAST-GROWING DERMATOLOGY MARKETS

 

 

Since becoming a stand-alone company, we have shown accelerating performance momentum. Galderma is, first and foremost, a growth story.

2021 has been another pivotal year in Galderma’s growth journey. We have established Galderma as a simple, coherent and integrated dermatology company reaching the whole spectrum of consumers and healthcare professionals through an omni-channel go-to-market strategy. Our business is oriented around the consumer with dermatology as our common platform. This is supported by our portfolio of premium positioned brands and services across three product categories, Injectable Aesthetics, Dermo-cosmetics and Therapeutic Dermatology.

 

LEARN MORE ON OUR SYNERGISTIC, SCIENCE-BASED FLAGSHIP BRANDS  

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DOUBLING DOWN ON SCIENCE

 

 

Galderma stands out as one of the few players capable of inventing, developing and bringing to market truly innovative dermatological solutions. Our integrated R&D platform unlocks benefits and synergies across all our product categories.

Galderma’s global team of over 640 R&D professionals has initiated approximately 400 clinical trials across over 20 indications since 2019 and helped us obtain 80 major regulatory approvals since January 2020. Today, we are focused on accelerating development and commercializing our late-stage product candidates to bring new solutions to market faster.

 

EXPLORE OUR WORLD OF INNOVATION

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OUR MANUFACTURING FOOTPRINT IS READY TO SERVE GLOBAL DEMAND

 

 

Our four manufacturing plants are strategically located in Canada, Sweden, France and Brazil, serving more than 90 countries with over 280 million units produced annually.

Our site in Uppsala, Sweden, is focused on our injectable aesthetics portfolio. Our Alby-sur-Chéran, France site serves all markets except the U.S. with topicals – both over-the-counter (OTC) and prescription medicine – and supplies brands such as Differin, Aklief and Epiduo. Our largest production site, at Baie-D’Urfé, Canada, is focused on the global supply of Cetaphil, with additional production of OTC and prescription medicine for the U.S. market. The Latin American market is predominantly served by our site in Hortolândia, Brazil.

OUR ACCOMPLISHMENTS

90 Countries

We serve more than 90 countries globally with over 280 million units produced a year.

Over 1,600 colleagues

in manufacturing, commercial quality and supply chain functions work at our four manufacturing plants.

Approximately 75%

of our units sold are produced in-house in four manufacturing facilities.

COVID-19

Despite the challenges of the COVID-19 crisis, we have been able to keep all manufacturing sites operational to date.

Low Injury Rate

We have succeeded in maintaining a low global Recordable Injury Rate (1.2 per million working hours), meaning no severe, irreversible injuries were recorded.

3 of 4

factory sites use 100% renewable electricity from a combination of solar, wind, hydropower, geothermal, biofuel and biomass.

 

100% renewable electricity by 2024

Our fourth factory is on track to be powered by 100% renewable electricity by 2024.

 

99% renewable

Currently, more than 99% of renewable electricity is supplied to our four factories, and two are certified Carbon Neutral.

 

Zero waste-to-landfill

Our four factories achieved zero waste-to-landfill ahead of our initial 2020 plan.

 

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A DEDICATED TEAM WITH A PROVEN TRACK RECORD FOCUSED ON A BROADER PURPOSE

 

 

We seek bold and sophisticated talent with the capacity to innovate, collaborate and execute across teams and geographies to deliver outstanding results, and our teams bring diverse skills, innovation and passion to their work every day. Empowering our employees to make an impact at Galderma and to pursue career growth opportunities is of paramount importance to us.

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OUR BOLD ENVIRONMENTAL, SOCIAL AND GOVERNANCE RESPONSIBILITY ROADMAP

 

 

Environmental, Social and Governance (ESG) is integral to our growth outlook and deeply rooted within all dimensions of our business ambition to become the leading dermatology company in the world. Detailed in the framework above, our ESG journey is focused on four key stakeholders: Employees, Patients & Consumers, Healthcare Professionals & Customers, and Society.

GET INSIGHTS INTO OUR ESG ROADMAP

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Annual Review 2021