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Aesthetic Medical Device Maker Ulthera Registers For $86 Million IPO


4/22/2014 8:21:07 AM

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Ulthera, which makes an ultrasound device designed to lift lax tissue on the neck and under the chin, registers for an initial public offering worth up to $86 million. Ulthera filed for a U.S. initial public offering yesterday, saying it hopes to raise as much as $86 million when it debuts on the NASDAQ stock exchange. Mesa, Ariz.-based Ulthera makes an ultrasound device, which is designed to use the body's natural healing process to non-invasively lift and tighten loose skin on the neck and under the chin.

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