azelaic acid

The decrease was a result of reduced royalty payments from LEO Pharma A/S ('LEO'), the licensee to certain of our patents for Finacea foam, due to a failure on the part of LEO's active pharmaceutical ingredient ('API') manufacturer to meet the required specifications in the finished product.

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Hyperpigmentation can be treated with hydroquinone and azelaic acid (Finacea), as well as many other preparations.

This includes Finacea (azelaic acid) Foam for the topical treatment of mild to moderate rosacea, a range of topical steroids and other products for the treatment of acne and fungal skin infections.

The decrease in revenue from same period in 2016 is mainly due to a decrease of $2.5M in contingent payments from Bayer (BAYRY), that were payable for 2016 due to Bayer's achievement of certain sale targets during that year, offset by an increase in royalty payments in the amount of $565,000 from Bayer for the sales of Finacea Foam.

"For prescription, kojic acid and azaleic acid (Finacea) as well as soy-based products and SkinMedica Lytera Skin Brightening Complex are ideal for treating melasma as well as chemical peels."

Recent evidence suggests azelaic acid foam, 15% (Finacea), approved by the FDA in 2015, provides a well-tolerated option with only 6.2% of patients experiencing any application site pain, compared with 1.5% on vehicle alone, she added.

Azelaic acid is known commercially as Finacea or Intendis and is available by prescription.

And although other formulations of azelaic acid are also rated category B, azelaic acid gel 15% (Finacea) is less irritating, said Dr.