Endo targets 2020 for launch of cellulite treatment [Reuters (UK)]
Endo International plc - Ordinary Shares (ENDP)
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Source: Reuters
Endo targets 2020 for launch of cellulite treatment | Reuters 2 Min Read (Reuters) - Endo International Plc said on Thursday it expects to launch its treatment for cellulite in the second half of 2020, a day after the company announced results from two late-stage trials testing the drug. The generic drugmaker, which beat third-quarter revenue and profit estimates, has pushed into other segments of its business, such as medical aesthetics, to cushion the impact of large retail pharmacies gaining more negotiating power for generics pricing. The company expects to apply for the drug’s approval in the second half of next year to treat cellulite - a condition that causes dimpling of the skin - in the buttocks, Endo executives said on a post-earnings conference call with analysts. In the trials, patients treated with the drug, CCH, showed statistically significant levels of improvement in the appearance of cellulite, the company said on Wednesday. However, analysts were expecting stronger d
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