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Company type | Public |
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SIX: GALD | |
Industry | |
Founded | 1981 |
Headquarters | Zug, Switzerland |
Key people |
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Revenue | US$4.08 billion (2023)[1] |
Owner | |
Number of employees | 6,500 (2024)[1] |
Website | galderma |
Galderma S.A. is a Swiss pharmaceutical company specializing in dermatological treatments and skin care products. Formerly a subsidiary of L'Oréal and Nestlé, it has been held by a consortium of private institutional investors since 2019.
Galderma was formed in 1981 as a joint venture between Nestlé and L'Oréal, then it became a subsidiary of Nestlé.[2] Since 2019, it belongs to an investment fund. The company, headed by president and CEO Flemming Ørnskov (ex-Shire), has 33 sites in 100 countries[3] with a worldwide network of distributors and employs more than 4,600 people. The headquarters is based in Zug, Switzerland. In 2021, the slogan of Galderma is "Advancing dermatology for every skin story".[4]