'The acquisition offers Torrent the opportunity to enhance its presence in dermatology with a differentiated portfolio and is a strong strategic fit,' said Torrent executive director Aman Mehta. 'Curatio has built a commendable set of high market share brands in cosmetic and pediatric dermatology that we look forward to adding to our product offerings.' Curatio Healthcare boasts about 50 dermatology brands in its portfolio marketed towards the hair, scalp and face, as well as a line devoted to young children and sensitive skin. The 17-year-old company has a slew of medicated body washes and hair products as well as off-the-shelf brands. Cosmetic dermatology, like treating acne, brittle hair and wrinkles, has been on the rise in India. The private markets saw over $111 billion in venture investment in 2021, a 281% leap from the year prior, according to Crunchbase data. Though funding has died down in 2022, so far startups in the space have seen more than $36 million in funding, a...
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