Hologic to buy Cynosure to expand into medical aesthetics

Hologic Inc said on Tuesday it would acquire medical aesthetics company Cynosure Inc for $1.65 billion as it looks to capitalize on an increase in medical procedures that are not traditionally reimbursed. The medical aesthetics market is growing at a rapid pace as the American population ages and more effective non-surgical products become widely available, leading to a spurt in dealmaking in the sector. Cynosure - which makes products used in non-invasive body contouring, hair removal, skin revitalization and women's health - has generated double-digit revenue growth for seven straight years.
The post Hologic to buy Cynosure to expand into medical aesthetics appeared first on Health News Headlines - Yahoo News.

Warning: Parameter 2 to SyndicationDataQueries::posts_search() expected to be a reference, value given in /home/techne04/public_html/healthcarenewswires/wp-includes/class-wp-hook.php on line 298

Warning: Parameter 2 to SyndicationDataQueries::posts_where() expected to be a reference, value given in /home/techne04/public_html/healthcarenewswires/wp-includes/class-wp-hook.php on line 298

Warning: Parameter 2 to SyndicationDataQueries::posts_fields() expected to be a reference, value given in /home/techne04/public_html/healthcarenewswires/wp-includes/class-wp-hook.php on line 298

Warning: Parameter 2 to SyndicationDataQueries::posts_request() expected to be a reference, value given in /home/techne04/public_html/healthcarenewswires/wp-includes/class-wp-hook.php on line 298