November 20, 2017 4:34 PM ET

Healthcare Equipment and Supplies

Company Overview of Solta Medical, Inc.

Company Overview

Solta Medical, Inc., together with its subsidiaries, designs, develops, manufactures, and markets energy-based medical device systems for aesthetic applications primarily in North America, the Asia Pacific, Europe, and the Middle East. It offers Fraxel re:pair system for use in dermatological procedures requiring ablation, coagulation, and resurfacing of soft tissue, as well as for rhytides, pigmentation, dyschromia, fine lines, acne, surgical scars, deeper lines, wrinkles, and actinic keratoses; and Clear + Brilliant system, a treatment to improve skin texture and help prevent the signs of aging skin. The company also provides Thermage CPT system that provides non-invasive treatment options...

25881 Industrial Boulevard

Hayward, CA 94545

United States

Founded in 1996

371 Employees

Phone:

510-782-2286

Fax:

510-786-6895

Key Executives for Solta Medical, Inc.

Chief Executive Officer, President and Director
Age: 58
Corporate Controller
Age: 53
Treasurer and Director
Age: 55
Secretary and Director
Age: 47
Compensation as of Fiscal Year 2017.

Solta Medical, Inc. Key Developments

Solta Medical Receives FDA 510(K) Clearance for Thermage FLX™ System, Newest Generation Skin Smoothing Technology

Solta Medical announced that its Thermage FLX™ System received 510(k) clearance from the U.S. Food and Drug Administration (FDA) to non-invasively smooth skin on the face, eyes and body. Thermage FLX is the newest generation of Thermage® technologies known for non-invasively reducing the appearance of fine lines and wrinkles. The system uses patented radiofrequency technology to create a uniform heating effect in the deep collagen-rich layers of the skin. This gentle heating tightens existing collagen and stimulates the production of new collagen, all with little-to-no downtime for the patient. The Thermage FLX features a new optimized energy delivery algorithm, known as AccuREP™ technology, which automatically measures and precisely tunes the amount of energy delivered to the patient and treatment area. The system also features a new vibrating hand-piece to help enhance patient comfort, and a new, larger treatment tip that reduces treatment time by 25%. The non-invasive treatment of addressing the look and feel of aging skin using radiofrequency energy was first introduced by Thermage more than 15 years ago. Since that time, the technology has continued to evolve, and to date, two million Thermage treatments for women and men of all ethnicities have been performed. The new Thermage FLX system is expected to be commercially available before the end of 2017.

Valeant Reportedly Works With Morgan Stanley To Sell Solta Medical And Obagi Medical

Valeant Pharmaceuticals International, Inc. (NYSE:VRX) has engaged Morgan Stanley for the sale of Obagi Medical Products, Inc. and Solta Medical, Inc. to raise cash to reduce debt, according to people familiar with the matter. The two sale could fetch as much as $500 million and the sale process could start as early as this week, the people added. Bloomberg added that representatives at Valeant and Morgan Stanley declined to comment.

Similar Private Companies By Industry

Company Name Region
.decimal, Inc. United States
20/20 GeneSystems Inc. United States
20/20 Imaging LLC United States
21st Century Scientific, Inc. United States
21X Corporation United States

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
\
 

The information and data displayed in this profile are created and managed by S&P Global Market Intelligence, a division of S&P Global. Bloomberg.com does not create or control the content. For inquiries, please contact S&P Global Market Intelligence directly by clicking here.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
The Advertising Council, Inc. United States
NYC2012, Inc. United States
Tax Management Inc United States
Rush University United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact Solta Medical, Inc., please visit www.solta.com. Company data is provided by S&P Global Market Intelligence. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.