Friday, November 22, 2024
HomeMergers & AcquisitionsAllergan Acquires Envy Medical, Inc.

Allergan Acquires Envy Medical, Inc.

The acquisition adds Envy’s Dermalinfusion, a non-surgical, non-invasive skin resurfacing system for the face and body, to Allergan’s portfolio. Offered in physician’s offices, medical spas and luxury spas, Dermalinfusion 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. In addition to Dermalinfusion systems and serums, Envy has a complete line of proprietary, take-home skin care products that will further complement Allergan’s SkinMedica portfolio of innovative skin care products.

“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,” says Carrie Strom, Senior Vice President, U.S. Medical Aesthetics at Allergan, in a news release.

Envy Medical CEO Arash Khazei adds, “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.”

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