Allergan says aesthetics unit revenue may double by 2025

Published:Friday, September 14, 2018
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allergan-says-aesthetics-unit-revenue-may-double-by-2025

NEW YORK (Reuters) - Allergan Plc said it expects revenue at its medical aesthetics unit to grow to $7 to $8 billion by 2025, even as it faces increasing competition for its blockbuster wrinkle treatment, Botox.

The Allergan logo is seen in this photo illustration November 23, 2015. REUTERS/Thomas White/Illustration/File Photo

Revenue from the business in 2017 was $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

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