Hologic, Inc. a manufacturer of women’s health diagnostic and surgical products, has acquired medical esthetics company Cynosure, Inc.
A Rich Portfolio
Cynosure has a portfolio of more than 20 products, which includes non-invasive body contouring, hair removal, skin revitalization and women’s health products. Among some of Cynosure’s recent product success was SculpSure, a FDA-cleared laser treatment for non-invasive body contouring.
Medical Esthetic Market Shift
Commenting on the acquisition, Steve MacMillan, Hologic's chairman, president and CEO said, “We had identified medical esthetics as an attractive and complementary growth opportunity through our strategic planning process, and we are pleased to have agreed to acquire Cynosure.”
Hologic, Inc. announcement comes a day after Allergan made a similar announcement that they have acquired Zeltiq Aesthetics for $2.5 billion.
