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Cipher Pharmaceuticals Enters U.S. Market

Accelerates development of a leading North American dermatology company

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By: Tim Wright

Editor-in-Chief, Contract Pharma

Cipher Pharmaceuticals Inc. has acquired Charleston, SC-based Innocutis Holdings LLC, a privately held specialty dermatology company, for $45.5 million. The acquisition marks Canada-based Cipher’s commercial entry to the U.S. market. “Innocutis provides us with commercial infrastructure, revenue-generating branded prescription products, and a talented team, including a 31-person sales force that shares our customer-focused philosophy,” said Shawn O’Brien, president and chief executiv...

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