Allergan says aesthetics unit revenue may double by 2025
The Allergan logo is seen in this photo illustration November 23, 2015. REUTERS/Thomas White/Illustration/File Photo
NEW YORK: Allergan Plc said it expects revenue at its medical aesthetics unit to grow to US$7 to US$8 billion by 2025, even as it faces increasing competition for its blockbuster wrinkle treatment, Botox.Revenue from the business in 2017 was US$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)
Source : https://www.channelnewsasia.com/news/business/allergan-says-aesthetics-unit-revenue-may-double-by-2025-10723112