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Medicis buying LipoSonix for $150 million

ibtimes.com
Jun 16, 2008
        
Story Timeline:  118 days

SCOTTSDALE, Ariz. (AP) - Medicis Pharmaceutical Corp. said Monday it will by privately held LipoSonix for $150 million in cash in a move to expand its aesthetics portfolio. Medicis makes a range of specialty pharmaceutical products to treat acne and skin conditions along with cosmetic dermal fillers. LipoSonix makes a system that uses ultrasound technology to remove unwanted fat. The product is not yet approved in the U.S., though Medicis expects it could enter the market by 2011. The buyout deal also includes milestone payments up to an additional $150 million for LipoSonix upon Food and Drug Administration approval. Medicis said it will provide updated 2008 guidance when the deal closes. Shares of Medicis closed unchanged at... [read full story]                    

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Latest article on this story:

Medicis to acquire LipoSonix

 pharmaceutical-business-review.com Jun 18, 2008
First article on this story:

Medicis Pharma. signs agreement to buy LipoSonix - Quick Facts

 pharmiweb.co.uk Jun 16, 2008
Selected publications with coverage of this story:
ibtimes.com techrockies.com pharmaceutical-business-review.com yahoo.com medicaldesignonline.com pharmiweb.co.uk wsj.com
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Medicis to acquire LipoSonix

pharmaceutical-business-review.com
Jun 18, 2008
        

Medicis and LipoSonix have entered into a definitive merger agreement under which Medicis will acquire Seattle-based LipoSonix. Under the terms of the transaction, approved by both companies's boards of directors, Medicis will...

                   

Medicis To Acquire LipoSonix

medicaldesignonline.com
Jun 17, 2008
        

Medicis and LipoSonix, Inc. jointly announced they have entered into a definitive merger agreement under which Medicis will acquire LipoSonix, an independent, privately-held company with a staff of approximately 40 scientists,...

Medicis Makes A Sleek Deal With LipoSonix (at Forbes.com)

yahoo.com
Jun 17, 2008
        

Medicis Pharmaceuticals is trying to beef up to help you slim down. The Scottsdale, Ariz.-based dermatological and aesthetic treatment company announced late Monday it is acquiring privately-held Seattle-based LipoSonix, the...

[$$] Medicis to Buy LipoSonix In a Bet on Body Shaping (at The Wall Street Journal Online)

yahoo.com
Jun 17, 2008
        

Word Count: 789 | Companies Featured in This Article: Medicis Pharmaceutical, Allergan, Cynosure Medicis Pharmaceutical Corp. is making a big bet on the burgeoning field of cosmetic body shaping -- which removes fat deposits...

Medicis Acquires Medical Device Firm

techrockies.com
Jun 17, 2008
        

Scottsdale, Arizona-based Medicis said Monday that it has entered into a definitive merger agreement with Seattle-based LipoSonix, in a deal worth $150M in cash. Medicis and LipoSonix said that Medicis will acquire LipoSonix, a...

Medicis Agrees to Buy LipoSonix

wsj.com
Jun 17, 2008
        

Word Count: 789 | Companies Featured in This Article: Medicis Pharmaceutical, Allergan, Cynosure Medicis Pharmaceutical Corp. is making a big bet on the burgeoning field of cosmetic body shaping -- which removes fat deposits...

Medicis buying LipoSonix for $150 million (AP)

yahoo.com
Jun 16, 2008
        

Monday June 16, 4:36 pm ET Medicis buying LipoSonix and its fat-reducing technology for $150 million in cash SCOTTSDALE, Ariz. (AP) -- Medicis Pharmaceutical Corp. said Monday it will by privately held LipoSonix for $150...