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Piramal to sell French dermo-cosmetics

Mumbai, July 22

Piramal Healthcare Ltd will sell the Ducray range of dermo-cosmetic products from France's Pierre Fabre Group. There has been a transfer of technology in this in-licensing deal and Piramal Healthcare expects to clock about Rs 20 crore over the next two years, on the sale of these products in the country, said Dr Swati Piramal, Director-Strategic Alliances.

Priced between Rs 300 and Rs 500, the products will be made locally and in France, she said. The product range includes Ducray Hair Care, Ducray Skin Care and A-Derma and will be sold on doctor prescriptions, she said. Piramal Healthcare shares were down two per cent on the BSE at Rs 283.90. - Our Bureau

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