Palette Life Sciences Establishes Wholly Owned Japanese Subsidiary

Palette Life Sciences, a fully integrated global life sciences company dedicated to improving patient outcomes, has established a wholly owned subsidiary located in Tokyo, Japan to commercialize its portfolio of medical products.
 
As of January 1, 2022, Palette Life Sciences Japan K.K. has been cleared to distribute Deflux directly to customers throughout the country. In addition, Palette Life Sciences is working to expand its Japanese offering, actively pursuing regulatory clearance for its Barrigel and Solesta brands.
 
Prior to establishing the subsidiary, Palette Life Sciences partnered with local distributors in Japan to provide access to Deflux. Direct representation of Palette’s products in the country will provide enhanced opportunities to better support local physicians through training, education, and practice support.
 
“Palette Life Sciences has been rapidly expanding its footprint into new markets over the last several years, including Europe, LATAM, Middle East, Australia and now Japan. This new subsidiary enables local Palette experts to directly support healthcare providers and better service the network of organizations using our products throughout the country. We are excited to be making this long-term commitment to the Japanese market,” said Ole Mikkelsen, chief operating officer, Palette Life Sciences.
 
Palette Life Sciences Japan shipped its first direct orders of Deflux in early January. Deflux is the minimally invasive, first-line treatment for vesicoureteral reflux (VUR), a malformation of the ureteral tunnel in the bladder affecting 1% of children worldwide. All of Palette Life Sciences’ products leverage their global rights to Non-Animal Stabilized Hyaluronic Acid (NASHA), a proprietary hyaluronic acid formulation that has been proven safe and effective and used for more than 20 years in over 50 million medical procedures worldwide.¹
 
“It is exciting and a great opportunity to start Palette Life Sciences Japan K.K. to deliver Palette’s product directly to patients and physicians. We will be able to communicate closely with our customers and promote our products very effectively. It will also connect Japan with global resources to provide consistent training and educational support,” said Yoshiki Kawabata, general manager, Palette Life Sciences Japan.
 
Reference:
^1. Galderma. Restylane. Available at https://www.galdermaaesthetics.com/science-behind-restylane. Accessed August 1, 2021.