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Botox Faces Competition Soon

Submitted by Meg Wilson on February 5, 2008 - 19:56.

Allergan is the company that makes Botox and they are by far the largest company in Orange County, Los Angeles based on Wall Street rankings. The company is worth about $20 billion based on their current market cap. Botox accounted for about 40% of their 2007 revenues.

But a new competing product to Botox, Reloxin, will probably be launched before the end of this year. It's a wrinkle remover that's chemically similar to Botox but developed by their competitors, Medicis Pharmaceutical Corp.

See more about the competitive situation coming up for Allergan here.


( categories: Botox Injections )

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