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GALDERMA BREAKS GROUND ON 50,000 SQ. FT. ADDITION TO U.S. HEADQUARTERS
New building includes conference, training facilities and space for up to 100 additional employees

(Fort Worth, Texas – April 25, 2008) Galderma, a worldwide leading dermatological company, is proud to announce the April 25, 2008 groundbreaking on a new 50,000-square-foot administrative office and in-house training facility in Fort Worth, Texas. Galderma’s new facility will be located on 4.61 acres adjacent to its US headquarter facility at 14501 North Freeway. The two-story, built-to-suit office building is expected to eventually house up to 100 additional employees. Construction is scheduled for completion January 2009. Galderma products treat major skin conditions such as acne, pigmentary disorders, rosacea and psoriasis.

The new site will be equipped with office and conference room space. Additionally, in-house training rooms will accommodate up to 100 staff members for local and regional meetings. The building will also house additional personnel in Galderma’s new aesthetics and correctives group. Galderma’s current 50,000-square-foot building offices more than 140 Galderma employees. The location also includes a 70,000-square-foot distribution center.

“Since the creation of Galderma in 1981 as a joint venture of Nestlé and L'Oréal, all our resources have been channeled in a single direction: to provide innovative therapeutic, corrective and aesthetic solutions that meet the needs of dermatology patients and physicians,” said Albert Draaijer, president of Galderma’s operations in North and South America. “This addition to our Fort Worth campus will provide the facilities we need as our numbers grow. With the recent acquisition of CollaGenex Pharmaceuticals, it’s more important than ever to have this type of facility that can handle our needs.”

Duke Realty Corporation (Duke) was selected to construct the building for Galderma. “We are honored to have been selected by Galderma for their new facility,” said Blair Oden, Duke Realty vice president, leasing and development. “Our proven track record as a company in developing office properties, specifically those constructed to the client’s exacting specifications and our reputation for professionalism enabled us to win the trust of Galderma. We fully intend to develop a first-class facility for them and move forward on this very exciting development for the north Fort Worth market.”

About Galderma:

Galderma, created in 1981 as a joint venture between Nestlé and L'Oréal, is a fully integrated specialty pharmaceutical company dedicated exclusively to dermatology. The Company has a presence in 65 countries with over 1000 sales representatives and is committed to improving the health of skin with an extensive line of products that treat a range of dermatological conditions including: acne, rosacea, fungal nail infections, psoriasis & steroid-responsive dermatoses, pigmentary disorders, skin cancers and medical solutions for skin senescence. Galderma’s research center in Sophia Antipolis, France is the largest facility in the world dedicated to Research and Development in dermatology. Galderma leading brands include Differin®, Metro®/Rozex®, Oracea®, Clobex®, Tri-Luma®, Loceryl® and Cetaphil®. Recently launched products include Pliaglis™, a topical anesthetic for dermatologic procedures in the United States, Epiduo®, an innovative combination product for the treatment of acne in Europe and Argentina and Dysport®, an injectable neuro-modulator for the correction of wrinkles in Brazil and Argentina. The Company’s website is www.galderma.com or for the U.S. www.galdermaUSA.com.