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Crescita Therapeutics Inc T.CTX

Alternate Symbol(s):  CRRTF

Crescita Therapeutics Inc. is a commercial dermatology company with in-house research and development (R&D) and manufacturing capabilities. It offers a portfolio of science-based non-prescription skincare products and early to commercial stage prescription products. It operates in three segments: Commercial Skincare, Licensing and Royalties and Manufacturing and Services. The Commercial Skincare segment manufactures and sells branded non-prescription skincare products for the Canadian and international markets. It also commercializes Pliaglis, NCTF Boost 135 HA, ART FILLER and Obagi Medical in Canada. The Licensing and Royalties segment engaged in licensing the intellectual property related to Pliaglis or its transdermal delivery technologies. Manufacturing and Services segment engaged in the sale of topical products manufactured to client specifications under the Company’s contract development and manufacturing organization infrastructure, and sales of product development services.


TSX:CTX - Post by User

Bullboard Posts
Post by TheRock07on Nov 16, 2016 7:40am
210 Views
Post# 25467150

2017 Forecast sales of Pliaglis

2017 Forecast sales of PliaglisSales will begin in the US in Q1 of 2017. Canadian and Mexican sales should follow , later in 2017.

In 2013, first sales of Pliaglis was begun when Galderma distributed in the U.S. without a sales force to actively promote it.


Distribution and manufacturing were by a third party.

Annual sales of Pliaglis in 2013 were  about $9.5 million US .

In early 2014, Galderma started promoting Pliaglis in the US with a small sales force.

Sales began to increase and  peaked in 2015 when Pliaglis sales  amounted to  about  $18.5 million US.

Galderma than removed its sales force and sales dseclined to near zero in 2016, when Crescita reacquired the rights.

So, for 2017, with a small sales force, reformulated Pliaglis sales in the US could be significant perhaps as high as $10 million US..

Bullboard Posts