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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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11/01/201609:01:00Convoy Signs Strategic Partnership with Unilever North America...
10/26/201610:20:00Glaxo Profit Jumps on Weaker Pound
10/20/201603:03:00Shine Comes Off Consumer-Goods Firms -- WSJ
10/19/201610:16:00Shine Comes Off Big Consumer-Product Companies
10/19/201605:40:00Reckitt Lowers Full-Year Outlook
10/18/201613:20:00Plunging Pound Helps Burberry While Hurting Ryanair
10/18/201608:36:00Bellway Expects Higher Prices from Suppliers, Posts 41% Rise...
10/18/201605:50:00U.K. Inflation Nears Two-Year High
10/14/201606:10:00Eurozone Exports Rose in August, Easing Brexit Fears
10/13/201618:00:00Unilever Resolves U.K. Pricing Dispute With Retailer -- 3rd Update
10/13/201615:20:00Unilever Resolves U.K. Pricing Dispute With Retailer--2nd Update
10/13/201614:48:00Food Fight Over Prices Is Over, Unilever and Tesco Say -- Update
10/13/201614:20:00Unilever Says It Resolves Pricing Dispute With Tesco
10/13/201614:05:00Unilever Says It Resolves Pricing Dispute With Tesco
10/13/201611:50:00U.K. Retail, Consumer Products Giants Scrap Over Brexit Price...
10/13/201611:38:00U.K. Retail, Consumer Products Giants Scrap Over Brexit Price...
10/13/201610:36:00Unilever Price Rises Herald Brexit Pain for British Consumers

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