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Botox developer rues missing out on billions

In an article published on Times Live, botox developer Alan Scott says he rues the day he handed over rights to the best-selling wrinkle-smoothing drug to a US company for just US$4.5 million, saying he might have become a billionaire.

6 Mar 2012

Botox has become a front-line weapon in cosmetic medicine for erasing wrinkles - while therapeutic applications of the drug are being used to help a wide variety of disorders from swallowing problems to muscle spasms.

"If I knew (how big it would become), I would have never given it to the drug company Allergan in 1991," Dr Alan Scott told the Times of India in an interview published last month.

"At present Botox is being used for over 100 disorders besides aesthetic applications," Scott said in New Delhi where he was en route to a conference in southern India.

Read the full article on www.timeslive.co.za.