ViaDerma, Inc. announced the opening of a satellite office in Dubai to facilitate its ongoing expansion in the Middle East. Local regulations require businesses to maintain a physical office within the region to conduct commercial operations, making this a strategic move to further ViaDerma's growth and accessibility in the market. In addition to its Middle Eastern expansion, ViaDerma recently had a productive meeting in Los Angeles with visiting officials from a large corporation based in India, which conducts extensive business with the Indian government.
With a population of approximately 1.4 billion people, India presents significant market potential for ViaDerma's topical antibiotic solution. The meeting focused on potential business collaborations in anticipation of ViaDerma receiving final approval for the registration of its topical antibiotic solution in India. The registration application process which began several months ago is now in the final stages, with approval expected in the first quarter of this year.