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Cynosure Receives FDA Clearance for OTC Wrinkle Treatment Device

By Victoria Stilwell Cynosure Inc. (CYNO) said it received clearance from the U.S. Food and Drug Administration to market its over-the-counter device that treats facial wrinkles. Cynosure develops and markets aesthetic treatment systems used by physicians and others to perform procedures including hair removal, laser fat removal and reduction in cellulite appearance. The company's wrinkle-treatment device was being developed with Unilever PLC (UL) and is expected to be commercially launched by the consumer products giant in 2013. The device is indicated for the at-home treatment of wrinkles around the eyes and mouth. Cynosure signed a multi-year agreement with Unilever in June 2009 to develop and commercialize light-based devices targeting the home-use personal care market. Cynosure closed Tuesday at $21.13 and was unchanged in recent premarket trade, while Unilever closed Tuesday at $33.69 and was also inactive. Cynosure, which has a market value of $267 million, is up 80% so far this year, while Unilever is up 0.5% in the same time period. Write to Victoria Stilwell at Victoria.Stilwell@dowjones.com Subscribe to WSJ: http://online.wsj.com?mod=djnwires

Stock News for Unilever (UN)
DateTimeHeadline
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01/19/201618:05:00ADRs End Mostly Higher; Unilever Rises
01/19/201611:15:00Unilever Spreads Unit Head's Resignation Reignites Spinoff Talk...
01/19/201604:41:00Unilever Unit Head's Resignation Reignites Spin-off Speculation...
01/19/201604:15:00Unilever Unit Head's Resignation Reignites Spin-off Speculation...
01/19/201603:30:00Unilever Profit Falls After Year-Earlier Gains
01/19/201602:56:00Unilever Profit Falls After Year-Earlier Gains
01/19/201602:40:00Unilever Spreads Division's CEO Quits
01/19/201602:21:00Unilever Spreads Division's CEO Quits
01/15/201608:16:00Unilever 4Q 2015 -- Forecast
01/11/201613:10:00E-Commerce Startup Hubba On Track to Raise $45 Million
12/17/201518:46:00Just Mayo Reaches Agreement With FDA to Keep Name, Change Label
12/11/201507:59:00JPMorgan Appoints FTSE 100 Technology Heads to European Board
12/01/201509:07:00Unilever Sells Motions, Just for Me, Consort, Groom & Clean Brands
12/01/201508:00:00Unilever Sells Motions, Just for Me, Consort, Groom & Clean...
11/18/201514:38:00Unilever Earns Top Marks from Human Rights Campaign
10/27/201508:00:00Unilever Launches Program to Help Entrepreneurs Go from Start-up...
10/23/201523:55:38Unilever: Ahead Of Itself
10/19/201514:53:00Unilever Signs American Business Act on Climate Pledge
10/15/201518:11:00ADRs End Higher; Unilever Rises

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