Allergan To Acquire Zeltiq

Allergan has entered into an agreement to acquire Zeltiq Aesthetics, maker of the CoolSculpting system, for roughly $2.475 billion. The sale is expected to close in the second half of 2017. “The acquisition of Zeltiq is highly complementary and strategic to Allergan. By adding the best-in-class body contouring CoolSculpting System to our best-in-class facial aesthetics, plastic surgery and regenerative medicine offerings we are creating a world-class aesthetics business,” said Brent Saunders, chairman and CEO of Allergan.

Hologic To Acquire Cynosure

Hologic—a developer, manufacturer and supplier of diagnostic products, medical imaging systems and surgical products—and laser manufacturer Cynosure have signed a definitive agreement for Hologic to acquire all outstanding Cynosure shares for $66.00 per share in cash, for a total cost of approximately $1.65 billion. The boards of directors of both companies have approved the transaction unanimously.

Canole Joins Revision Skincare

Image of Ray Canole

Revision Skincare is pleased to announce the appointment of Ray Canole to the position of chief commercial officer. Canole brings more than 15 years of business development and commercial related experience in dermatology-focused organizations to the position. He formerly worked with Renaissance Pharma and held various leadership positions in business and corporate development at the Perrigo Company. Canole’s background also includes experience as an investment banker at William Blair and Company.

Allergan Launches Juvéderm Volite

Allergan has launched Juvéderm Volite, a hyaluronic-based injectable filler specifically designed to improve skin quality in the face, neck, décolletage and hands. Volite uses patented Vycross technology and is formulated to last up to nine months with a single treatment session. It should be injected intradermally and contains lidocaine for patient comfort.

Grant Stevens, MD, Named Chairman of Viveve Aesthetic Advisory Board

Women’s health and wellness company Viveve Medical has appointed W. Grant Stevens, MD, FACS, chairman of the company’s Aesthetic Advisory Board. Dr. Stevens is the founder and medical director of Marina Plastic Surgery and The Institute, a medspa in Marina Del Rey, California, as well as medical director for Body by OrangeTwist aesthetic centers.

CoolSculpting Cleared To Treat Upper Arm Fat

Image of a woman pinching her upper arm fat

The U.S. Food and Drug Administration (FDA) has cleared CoolSculpting (Zeltiq Aesthetics) for the upper arms, adding to its previous clearances for the treatment of fat bulges in the submental area, thigh, abdomen, flank, bra and back fat area, and underneath the buttocks. CoolSculpting is a nonsurgical procedure that selectively reduces unwanted fat using a patented cooling technology. It works by gently cooling targeted fat cells in the body to induce a controlled elimination of fat cells without affecting surrounding tissue.

Valeant Accepting Scholarship Applications

Valeant Dermatology, a division of Valeant Pharmaceuticals North America, is accepting applications for its annual Aspire Higher Scholarship Program, which awards nine individual scholarships of up to $10,000 each to students who will be attending undergraduate or graduate education programs during the 2017-2018 school year. The scholarship program recognizes students who have been diagnosed and treated for a dermatologic condition and are pursuing a higher education degree.