Allergan Acquires Envy Medical, Inc., Adding Skin Resurfacing Dermalinfusion System to Best-in-Class Medical Aesthetics Portfolio
DUBLIN, March 26, 2019 /PRNewswire/ -- Allergan, Inc. plc (NYSE: AGN), a leading global pharmaceutical company, today announced it has completed the acquisition of Envy Medical Inc., a privately held company with proprietary technology in skin resurfacing. The acquisition enhances Allergan's best-in-class Medical Aesthetics portfolio with the addition of Envy's Dermalinfusion, a non-surgical, non-invasive skin resurfacing system for the face and body. Offered in physician's offices, medical spas and luxury spas, Dermalinfusion is the only treatment that simultaneously exfoliates, extracts and infuses the skin with professional strength serums, using medical grade diamond treatment tips. Each serum is specifically formulated to help treat a variety of skin concerns across all skin types.
"The acquisition of Envy Medical's Dermalinfusion reinforces our commitment to skin care and to offering a full range of solutions for Allergan customers and consumers. The breakthrough technology for skin resurfacing appeals to millennials and their focus on skin quality and is a perfect opportunity for Allergan to help our healthcare providers capture new patients for this and other medical aesthetic procedures," said Carrie Strom, Senior Vice President, U.S. Medical Aesthetics at Allergan.
Envy Medical CEO Arash Khazei added, "As a leader in non-invasive medical aesthetic devices, we believe the Dermalinfusion system is a perfect fit with Allergan and its product portfolio. We have always looked to broaden awareness and reach of Dermalinfusion, and Allergan's commitment to innovation, brand development, and global market expansion is perfectly aligned with our vision. We are very excited to join Allergan."
In addition to Dermalinfusion systems and serums, Envy offers a complete line of proprietary, take-home skin care products promoting healthy skin. These products will further complement Allergan's SkinMedica® portfolio of innovative skin care products.
About Allergan plc
Allergan markets a portfolio of leading brands and best-in-class products primarily focused on four key therapeutic areas including medical aesthetics, eye care, central nervous system and gastroenterology.
Allergan is an industry leader in Open Science, a model of research and development, which defines our approach to identifying and developing game-changing ideas and innovation for better patient care. With this approach, Allergan has built one of the broadest development pipelines in the pharmaceutical industry.
Allergan's success is powered by our global colleagues' commitment to being Bold for Life. Together, we build bridges, power ideas, act fast and drive results for our customers and patients around the world by always doing what is right.
With commercial operations in approximately 100 countries, Allergan is committed to working with physicians, healthcare providers and patients to deliver innovative and meaningful treatments that help people around the world live longer, healthier lives every day.
For more information, visit Allergan's website at www.Allergan.com.
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SOURCE Allergan plc
Company Codes: NYSE:AGN