Envy Medical Purchased by Allergan

Envy Medical Purchased by Allergan

Allergan plc (NYSE: AGN) acquired Envy Medical, Inc. this week in an effort to bolster its medical aesthetics portfolio. Envy Medical develops, markets, and sells non-invasive skin rejuvenation therapies for patients suffering from dermatologic or aesthetic conditions. Terms of the deal were not disclosed. The deal will also give Allergan a key product out of Envy Medical’s portfolio, Dermalinfusion. The item is a non-surgical, non-invasive skin resurfacing system. It is sold in more than 30 countries and has a global install base of over 3,800 units in physician offices and medical spas. This is not the first deal Allergan has made to build up its aesthetics portfolio. In September... Read More »