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Almirall's "Perfect Storm": How Will It Recover?

 
• By John Davis

Changes in business processes in the US, and the launch of new products including a competitively priced Skilarence in the EU, are expected to help Almirall recover from setbacks over the coming months.

Almirall SA revealed July 24 that a further part of its business, the aesthetic company ThermiGen, has had a “slow start to the year” – adding to what CEO Eduardo Sanchiz has already called a “perfect storm” of adverse business issues during the first half of this year.

The company outlined its recovery measures during its earnings call, including better monitoring of its US sales processes, but will have to work hard to convince analysts that it is...

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