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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
05/22/201405:35:11Mizkan to Buy Unilever's Pasta Sauces for $2.15 Billion
05/19/201408:28:07Unilever Buys Share-Conversion Rights From Founder's Trust
05/12/201417:34:36Hillshire Brands to Buy Pinnacle Foods for $4.3 Billion -- 4th...
05/12/201408:01:54Hillshire Brands to Buy Pinnacle Foods for $4.3 Billion -- Update
05/07/201413:40:19European Business Hit By Russian Slowdown -- Update
04/25/201408:20:07
04/24/201417:35:36ADR Shares End Mixed; Unilever, AstraZeneca Shares Active
04/24/201412:46:41LONDON MARKETS: AstraZeneca, Smith & Nephew Push FTSE To 7-week...
04/24/201408:18:59Unilever First-Quarter Sales Fall; Looks to Raise Prices -- 2nd...
04/24/201405:49:12LONDON MARKETS: AstraZeneca, Anglo American Push FTSE To 7-week...
04/24/201405:10:07Unilever First-Quarter Sales Fall -- Update
04/22/201409:05:25Glaxo Exits Cancer Drugs
04/17/201408:09:44Unilever 1Q Sales Results -- Forecast
03/24/201417:25:21Unilever's Fernando Machado Joins Burger King as Senior VP of...
03/10/201417:42:18ADR Shares End Lower; Petrobras Shares Active
03/10/201402:55:21Unilever Invests in Chinese Water-Purification
03/03/201417:27:11ADR Shares End Lower; Unilever Shares Active
03/03/201411:50:08Unilever Looks to Sell Ragu Brand, Hires Morgan Stanley -Bloomberg
02/21/201405:39:09Unilever Sells Meat Brands Bifi, Peperami to Jack Link's
02/20/201408:20:07Skippy Acquisition Continues to Benefit Hormel's Profit

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