Dermatology firms combine - St. Louis Business Journal:

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Coral Gables-based Stiefel, a pharmaceuticalp company specializingin dermatology, said sharess in Palo Alto, Calif.-based Conneticds formerly traded under the ticker. The companies' combination unites Stiefel'sa skin care products and commerciak capabilitieswith Connetics' therapies and patented drug-delivery technologies, including foam-based items. "Irt results in one of the most robust and diversre dermatology product lines in the industry and reinforces the commitmenr of Stiefel Laboratories to the advancemenyt ofdermatology globally," the local company said.
"This merger also creates one of the largest dermatolog y product pipelines inthe world, merging technologyt and development expertise to yield significant advancements in the treatment of skin Charles W. Stiefel, Stiefel chairman and chieft executive officer, said the deal helps his company on its way to a goalof $1 billiom in product sales. grand opening of a research and development facilitgy in ResearchTriangle N.C. Some things aren't planned to change. The globa headquarters of Stiefel Laboratories is to remain inCoral Gables. Marketing and sales headquarters are to remaihin Duluth, Ga.