Dermatology firms combine - St. Louis Business Journal:

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Coral Gables-based Stiefel, a pharmaceutical compant specializingin dermatology, said shares in Palo Alto, Calif.-baserd Connetics formerly traded under the ticker. The companies' combination unites Stiefel'ws skin care products and commerciakl capabilitieswith Connetics' therapies and patentedd drug-delivery technologies, including foam-based items. "It results in one of the most robusrt and diverse dermatology producg lines in the industry and reinforcews the commitment of Stiefel Laboratories to the advancement ofdermatologyt globally," the local company said.
"This merger also createds one of the largest dermatology product pipelinese inthe world, merging technology and development expertis e to yield significant advancements in the treatment of skin Charles W. Stiefel, Stiefel chairman and chief executive said the deal helps his companyg on its way to a goalof $1 billionn in product sales. grand opening of a researcy and development facility in ResearchTriangl Park, N.C. Some things aren't planned to The global headquarters of Stiefel Laboratoriex is to remain inCoral Gables. Marketingg and sales headquarters are to remainin Duluth, Ga.