Cynosure Receives Health Canada Authorization To Market SculpSure
WESTFORD, Mass., July 13, 2016 /PRNewswire/ -- Cynosure, Inc. (NASDAQ: CYNO) today announced that it has received a medical device license issued by Health Canada to market SculpSure® for non-invasive lipolysis of the abdomen and flanks. That's great news for Canadians, who for the first time will for be able to eliminate areas of unwanted fat with a non-invasive, 25-minute laser treatment that requires no surgery, no anesthesia and no downtime.
"SculpSure is setting the new standard in nonsurgical body contouring, one of the fastest-growing treatment categories in the aesthetics market," said Cynosure President and CEO Michael Davin. "Health Canada's authorization of SculpSure signals another key regulatory milestone as we continue to broaden the availability of this breakthrough treatment platform to new geographic regions."
SculpSure is a safe and an effective non-invasive treatment which eliminates up to 24 percent of treated fat1 in a 25-minute procedure with no downtime, enabling patients to immediately return to their normal activities. SculpSure is intended for individuals with a body mass index (BMI) of 30 or less. According to the Canadian Community Health Survey, the rate of Canadian adults who reported height and weight that classified them as overweight in 2014 was 40.0 percent for men and 27.5 percent for women.2
SculpSure's patented technology utilizes a selective wavelength laser that precisely targets fat cells under the skin. The laser raises the temperature of body fat to disrupt and destroy those subcutaneous fat cells, which are then naturally eliminated over time and do not return. SculpSure is also designed for maximum versatility, offering physicians the ability to customize the treatment to each patient's desired results.
SculpSure works on all skin types and is intended for patients who are struggling with stubborn fat in common trouble spots. Multi-site testing yielded over 90 percent patient satisfaction, with results seen as quickly as 6 weeks and optimal results usually seen in 12 weeks.
About Cynosure, Inc.
Cynosure develops, manufactures, and markets aesthetic treatment systems that enable plastic surgeons, dermatologists and other medical practitioners to perform non-invasive and minimally invasive procedures to remove hair, treat vascular and benign pigmented lesions, remove multi-colored tattoos, revitalize the skin, reduce fat through non-invasive and minimally invasive laser lipolysis, reduce cellulite, clear nails infected by toe fungus, ablate sweat glands and improve gynecological health. Cynosure also markets radiofrequency energy-sourced medical devices for precision surgical applications such as facial plastic and general surgery, gynecology, ear, nose, and throat procedures, ophthalmology, oral and maxillofacial surgery, podiatry and proctology. Cynosure's product portfolio is composed of a broad range of energy sources including Alexandrite, diode, Nd: YAG, picosecond, pulse dye, Q-switched lasers, intense pulsed light and radiofrequency technology. Cynosure sells its products globally under the Cynosure, Palomar, ConBio and Ellman brand names through a direct sales force in the United States, Canada, France, Morocco, Germany, Spain, the United Kingdom, Australia, China, Japan and Korea, and through international distributors in approximately 120 other countries. For corporate or product information, visit Cynosure's website at www.cynosure.com.
Forward-Looking Statements
This press release contains forward-looking statements, within the meaning of the federal securities laws, about our business prospects and management transition. Any statements contained herein that are not statements of historical fact may be deemed to be forward-looking statements. Without limiting the foregoing, the words "believes," "plans," "intends," "expects," "goals" and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these words. Our future results may differ materially from our past results and from those projected in the forward-looking statements due to various uncertainties and risks, including, but not limited to, those described in Item 1A of Part II (Risk Factors) of our Quarterly Report on Form 10-Q for the three months ended March 31, 2016. The forward-looking statements speak only as of the date of this press release and undue reliance should not be placed on these statements. We disclaim any obligation to update any forward-looking statements contained herein after the date of this press release.
1 Single treatment of average reduction in fat volume as measured by MRI; Clinical and Histological Evaluations of a 1060nm Laser Device for Non-Invasive Fat Reduction John W. Decorato, MD., F A C S. Rafael Sierra, Ph.D., Bo Chen, Ph.D., Westford, MA, 2014.
2 Canadian Community Health Survey, "Overweight and obese adults (self-reported), 2014"
Contact:
Scott Solomon
Senior Vice President
Sharon Merrill Associates, Inc.
617.542.5300
cyno@investorrelations.com
Logo - http://photos.prnewswire.com/prnh/20160425/359622LOGO
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/cynosure-receives-health-canada-authorization-to-market-sculpsure-300297983.html
SOURCE Cynosure, Inc.
