596429 Disclosed herein is an oil-in-water emulsion comprising mometasone or mometasone furoate and propylene glycol, wherein the concentration of propylene glycol is from about 20 to about 45% w/w, and wherein a part of mometasone or mometasone furoate is present in undissolved form. Additionally disclosed is the emulsion further comprising an oil, such as a vegetable oil; emulsifying agents, such as glycerol alkyl esters; a pH adjusting agent; and a viscosity-increasing agent, such as a fatty alcohol.