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Medical Instruments & Supplies M&A image Medical Instruments & Supplies M&A » By The Online Investor Staff, updated Thu., May. 9, 8:49 AM Recent mergers and acquisitions in the Medical Instruments & Supplies M&A category.

This Slide: #83 of 100

Slide #83. Cynosure — Palomar Medical Technologies

Acquirer: Cynosure (CYNO)
Acquiree: Palomar Medical Technologies
Details: Cynosure, Inc. (NASDAQ: CYNO), a leader in laser- and light-based treatments for minimally invasive and non-invasive aesthetic applications, today announced the completion of its acquisition of Palomar Medical Technologies, Inc. Cynosure purchased Palomar in a cash and stock transaction valued at approximately $287 million. In the transaction, Cynosure issued approximately six million shares and paid approximately $146 million in cash contributed by both Cynosure and Palomar.

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 laser lipolysis, reduce cellulite, clear nails infected by toe fungus, ablate sweat glands and improve gynecologic health. Co. 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, podiatry and proctology

Open the CYNO Page at The Online Investor »

CYNO — Key Stats (updated Wed., Mar. 22, 10:25 AM)
Company Name:  Cynosure Inc
Website:  www.cynosure.com
Sector:  Medical Instruments & Supplies
 

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May 9, 2024  •  8:49 AM Eastern
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