founded august 2007 headquarters vernon hills illinois usa key people joel e. bernstein m.d. christopher j. gabanski barry hollingsworth john e. kallal ph.d. rhonda pavicich number of employees 50 100 slogan specialists in the science of skin care website http www.eloracpharma.com elorac inc. is a specialty pharmaceutical company focused on advancing treatments in dermatology . it is based in vernon hills illinois . according to the company s website elorac specializes in prescription based dermatology products with a focus on medications used in the treatment of psoriasis actinic keratosis acne and other skin disorders . elorac was founded by joel e. bernstein m.d. the executive chairman of elorac and a leading authority in dermatology . he is a successful entrepreneur with a long track record of developing and commercializing novel medicines having founded or co founded several companies which have sold for more than an estimated 1 billion in the aggregate . before starting elorac dr. bernstein was the founder chairman and chief executive officer of genderm corporation a pharmaceutical company that was acquired by medicis pharmaceutical corporation in 1997 for an estimated 80 million . 1 he was also the founder and non executive chairman of sirius laboratories inc. a dermatological products company acquired by dusa pharmaceuticals in 2006 for an estimated 30 million . 2 3 dr. bernstein also co founded ovation pharmaceuticals in 2000 which was sold to lundbeck in 2009 for an estimated 900 million 4 5 and founded winston pharmaceuticals a public company involved in the research of novel pain relief drugs . 6 previously dr. bernstein was head of dermatopharmacology at northwestern university medical school and the university of chicago pritzker school of medicine . dr. bernstein has also held senior scientific positions at abbott laboratories and schering plough corporation . he has authored more than 125 scientific publications and holds over 150 patents . citation needed dr. bernstein received a b.a. from carleton college and an m.d. from the university of chicago pritzker school of medicine where he received the roche award for ranking first in his class . citation needed he completed specialty training programs in both dermatology and clinical pharmacology at the university of chicago . the company s website states that it currently markets products for psoriasis wart and dermatitis and that it expects to introduce products for acne fungal diseases actinic keratosis and management of diabetic skin over the forthcoming year . according to the website the company focuses on the development of innovative late stage dermatological products that require relatively small r & d expenditures as well as the selective acquisition and licensing of late stage product candidates and technologies . financial information about the company is not available because the company is privately held . external links edit company s official website references edit medicis to acquire genderm . prnewswire . 1997 12 01 . dusa pharmaceuticals signs merger agreement to acquire sirius laboratories . marketwire . 2005 01 03 . dusa pharmaceuticals closes acquisition of sirius laboratories . marketwire . 2006 03 14 . lundbeck to buy ovation pharmaceuticals . chicago tribune . 2009 02 09 . gtcr completes the sale of ovation pharmaceuticals to lundbeck . reuters . 2009 03 09 . winston pharmaceuticals website . retrieved from https en.wikipedia.org w index.php title elorac & oldid 647121812 categories pharmaceutical companies of the united stateshidden categories all articles with unsourced statementsarticles with unsourced statements from january 2011 navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages add links this page was last modified on 14 february 2015 at 17 09 . text is available under the creative commons attribution sharealike license ; additional terms may apply . by using this site you agree to the terms of use and privacy policy . wikipedia is a registered trademark of the wikimedia foundation inc. a non profit organization . privacy policy about wikipedia disclaimers contact wikipedia developers cookie statement mobile view