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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
08/26/201610:54:00Unilever Signs White House Equal Pay Pledge
08/09/201604:30:00Why Investing in Toothpaste Is An Expensive Proposition--Heard...
08/02/201621:10:00P&G Says It Sees Hopeful Signs In Very Challenging China Market
07/26/201602:54:00Unilever Prices $1.25 Billion Bond Offering
07/22/201610:50:00Pacific Asset Management Hires Former GLG Partners Manager
07/21/201613:10:00Unilever CEO Speaks of Expanding in U.S., Acquiring More Companies
07/21/201612:56:00Unilever CEO Speaks of Expanding in U.S., Acquiring More Companies
07/21/201603:50:00Unilever Profit Up 2% in First Half
07/21/201603:40:00Unilever Profit Up 2% in First Half of Year --2nd Update
07/21/201603:25:00Unilever Profit Up 2% in First Half of Year --Update
07/21/201603:06:00Unilever Profit Up 2% in First Half of Year
07/20/201619:16:00ADRs End Higher; SAP Rises
07/20/201617:21:00Dollar Shave Club's $1 Billion Deal: A Victory for Simplicity...
07/20/201616:28:00Dollar Shave Club's $1 Billion Deal: A Victory for Simplicity...
07/20/201613:11:00Correction to Unilever, Dollar Shave Club Article
07/20/201608:20:00Unilever Gets More Than a Name in Dollar Shave Club
07/20/201607:55:00Unilever Gets More Than a Name in Dollar Shave Club
07/20/201601:10:00Unilever Buys Dollar Shave Club
07/20/201600:40:00Unilever Buys Dollar Shave Club
07/19/201621:21:00Unilever Acquires Dollar Shave Club

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