Emcure Pharmaceuticals, one of the Indian pharma industry's top names, has reported that its dermatology business unit, Emcutix, has acquired exclusive rights for selling PRX-Plus in India. The achievement has come as part of an exclusive licensing agreement inked between Emcutix and Italian brand WiQo, recognized for its novel aesthetic and dermatological products.
Highlights:
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Exclusive Rights for PRX-Plus: PRX-Plus is a revolutionary biorevitalization treatment applied in aesthetic dermatology to restore and enhance the quality of the skin without invasive treatments. The product has become internationally recognized due to its efficacy and safety.
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Strategic Licensing Arrangement: This partnership between WiQo and Emcutix gives Emcutix exclusive right to market and distribute PRX-Plus across India. Such a partnership furthers Emcure's endeavor to strengthen its presence in high-growth areas of dermatology and aesthetics.
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Market Size: As India witnesses an escalating demand for non-invasive cosmetic skin treatments, PRX-Plus will receive a major boost in the swelling aesthetics market.
Leadership Observations
A spokesperson at Emcure said, "This tie-up with WiQo shows our intent to bring world-class innovations to the Indian market. We are looking forward to the potential of PRX-Plus to change the skincare solutions landscape."
Outlook:
This deal makes Emcure a significant contributor to India's growing dermatology and aesthetics industry.
Sources: Business Standard, Economic Times; April 1, 2025