| |

|
|
ALLERGAN INC.
2525 DUPONT DRIVE
IRVINE, CA 92612
(714) 246 - 4500
www.allergan.com |
|
|
ALLERGAN, INC.
is a leading provider of eye care and specialty pharmaceutical products
throughout the world with products in the eye care pharmaceutical, ophthalmic
surgical device, over-the-counter contact lens care, movement disorder, and
dermatological markets. Its worldwide consolidated revenues are principally
generated by prescription and non-prescription pharmaceutical products in the
areas of ophthalmology and skin care, neurotoxins, intraocular lenses and other
ophthalmic surgical products, and contact lens care products.
Allergan was originally incorporated in California in 1948, became known as
Allergan Corporation in 1950, and reincorporated in Delaware in 1977. In 1980,
the Company was acquired by SmithKline Beecham plc. The Company operated as a
wholly-owned subsidiary of SmithKline from 1980 until 1989 when Allergan again
became a stand-alone public company through a spin-off distribution by
SmithKline.
Specialty Pharmaceutical
Business
Eye Care Pharmaceutical
Product Line: Allergan develops,
manufactures and markets a broad range of prescription and non-prescription
products designed to treat diseases and disorders of the eye, including
glaucoma, inflammation, infection and allergy. In addition, the specialty
over-the-counter product line consists of products designed to treat ocular
surface disease, including artificial tears and ocular decongestants. The
largest segment of the market for ophthalmic prescription drugs is for the
treatment of glaucoma, a sight-threatening disease. In addition to its eye care
pharmaceuticals, Allergan markets a variety of artificial tear products for
various needs.
Skin Care Product Line: Building upon its
strength in marketing to medical specialties and taking advantage of synergies
in research and development, Allergan's skin care business develops,
manufactures and markets therapeutic as well as cosmetic skin care products,
primarily in the United States.
Medical Devices And OTC
Product Lines
Ophthalmic Surgical Product
Line: Allergan's ophthalmic
surgical business develops, manufactures and markets intraocular lenses (IOLs),
surgically related pharmaceuticals, and other ophthalmic refractive surgical
products. The largest segment of the surgical market is for the treatment of
cataracts. Cataracts are a condition, usually age related, in which the natural
lens of the eye becomes progressively clouded. This clouding obstructs the
passage of light and can eventually lead to blindness. Most patients affected by
cataracts can be surgically treated by removing the clouded lens and replacing
it with an IOL. The Company currently offers a full line of products used in the
performance of cataract surgery.
Contact Lens Care Product Line: The Company
has been doing business in the contact lens care market since 1960. On a
worldwide basis, it develops, manufactures and markets a broad range of products
for use with every available type of contact lens. These products include
disinfecting solutions to destroy harmful microorganisms in and on the surface
of contact lenses; daily cleaners to remove undesirable film and deposits from
contact lenses; and enzymatic cleaners to remove protein deposits from contact
lenses. In the area of disinfecting products, the Company offers products that
can be used in both the hydrogen peroxide and convenient chemical systems.
International Operations
Allergan established its first
foreign subsidiary in 1964 and currently sells products in approximately 100
countries. Marketing activities are coordinated on a worldwide basis and
resident management teams provide leadership and infrastructure for customer
focused rapid introduction of new products in the local markets.

Allergan maintains global
marketing and regional sales organizations. Supplementing the sales efforts and
promotional activities aimed at eye care professionals, as well as neurologists
outside the U.S., who use, prescribe and recommend its products, Allergan has
been focusing increasingly on managed care providers. In addition, Allergan
advertises in professional journals and has an extensive direct mail program of
descriptive product literature and scientific information to specialists in the
ophthalmic, dermatological and movement disorder fields. The Company's specialty
therapeutic products are sold to drug wholesalers, independent and chain drug
stores, commercial optical chains, mass merchandisers, food stores, hospitals,
ambulatory surgery centers and medical practitioners, including neurologists.
The Company's global research
and development efforts focus on eye care, skin care and neuromuscular products
that are safe, effective, convenient and have an economic benefit. The Company's
own research and development activities are supplemented by a commitment to
identifying and obtaining new technologies through in-licensing, technological
collaborations, joint ventures and acquisition efforts, including the
establishment of research relationships with academic institutions and
individual researchers.
- Research and development efforts for the ophthalmic pharmaceuticals
business focus primarily on new therapeutic products for glaucoma,
inflammation, dry eye and allergy and on new anti-infective pharmaceuticals
for eye care.
- Research and development activities for the surgical business
concentrate on improved cataract surgical systems, implantation instruments
and methods, and new IOL materials and designs.
- Research and development in the contact lens care business is aimed at
systems that are effective and more convenient for patients to use, and thus
lead to a higher rate of compliance with recommended lens care procedures.
Improved compliance can enhance safety and extend the time a patient will be a
contact lens wearer.
The Company's Common Stock is traded on the New York Stock
Exchange under the symbol "AGN"
|