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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
08/31/201502:12:00Givaudan Acquires Cosmetics Maker Induchem
08/24/201508:20:00Tobacco Makers Seek to Cut Brands
07/29/201506:08:32Unilever Prices $1 Billion Bond Offering
07/28/201519:10:37P&G Names David Taylor as CEO
07/28/201518:52:47P&G Names David Taylor as CEO
07/28/201518:25:16P&G Names David Taylor as CEO
07/23/201517:31:15ADRs End Lower; Credit Suisse Rises
07/23/201505:10:34Unilever's Profit Slumps as Sales Growth Slows -- 2nd Update
07/23/201503:58:37Unilever's Profit Slumps as Sales Growth Slows -- Update
07/23/201503:50:48Unilever Profit Falls as Sales Growth Slows
07/23/201503:15:59Unilever's Profit Slumps as Sales Growth Slows
07/21/201507:30:35Hindustan Unilever Profit Flat on Weak Sales
07/21/201507:01:07blur Group Shares Soar as Big Customers Sign Up
07/21/201505:13:45UPDATE: Unilever HY 2015 -- Forecast
07/20/201509:20:00Morning Briefing on Personal Products Stocks -- Colgate-Palmolive...
07/20/201508:15:21Unilever HY 2015 -- Forecast
07/20/201504:41:13Alibaba In Partnership With Unilever To Reach China's Rural Consumers
07/17/201509:31:21Unilever's Newest Products Go on a Pedestal
07/17/201502:10:06Givaudan Says Cost Cuts Help Offset Strong Franc Impact
07/14/201511:10:10Blue Bell Receives Investment from Sid Bass

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