Profile: Cynosure Inc (CYNO.OQ)
8 Dec 2016
Cynosure Inc. (Cynosure), incorporated on July 10, 1991, develops and markets aesthetic treatment systems that enable plastic surgeons, dermatologists and other medical practitioners to perform procedures to remove hair, treat vascular and benign pigmented lesions, remove multi-colored tattoos, revitalize the skin, reduce fat through laser lipolysis, reduce cellulite, clear nails infected by toe fungus, ablate sweat glands and improve gynecologic health. The Company operates through aesthetic treatment products and services segment. The Company also markets radiofrequency (RF) energy sourced medical devices for precision surgical applications, such as facial plastic and general surgery; gynecology; ear, nose and throat procedures; ophthalmology; oral and maxillofacial surgery; podiatry, and proctology. The Company's product portfolio utilizes a range of energy sources, including Alexandrite, diode, neodymium-doped yttrium aluminum garnet (Nd: YAG), pulse dye, Q-switched lasers, intense pulsed light and RF technology. It offers single energy source systems, as well as workstations that incorporate two or more different types of lasers or pulsed light technologies. The Company's products include Elite, SmartLipo, Cellulaze, Cynergy, Accolade, MedLite C6, PicoSure, Icon aesthetic system, Vectus, SculpSure hyperthermic laser treatment and MonaLisa Touch laser.
The Company's systems consist of a control console and handpieces. The handpieces are used to deliver the light energy from the laser or other light source to the treatment area. Many of its products use consumable parts. The PicoSure FOCUS Lens Array is a consumable micro lens array tip, which delivers the laser energy to the treatment area. The SmartLipo and Cellulaze systems and PrecisionTx technology use consumable laser fibers to deliver the laser energy directly to the treatment area. The surgical systems use consumable surgical electrodes and accessories. The Company offers its customers the SmartCool treatment cooling system, which it sells as a private label product under the SmartCool brand. The SmartCool product has approximately 10 variable settings and allows practitioner to provide a continuous flow of chilled air before, during and after treatment to cool and comfort the patient's skin. The SmartCool handpiece, which is designed for use with the Company's laser systems, interlocks with the laser handpiece.
The SmartLipo system is a laser lipolysis system, which offers a minimally invasive procedure for the removal of unwanted fat. LaserBodySculpting procedures with the SmartLipo system enables physicians to remove localized deposits of fat by inserting a small cannula or metal tube, containing a laser fiber under the skin in direct contact with the treatment area. The Company also offers SmartLipo MPX system, which includes a second wavelength and features its MultiPlex technology, which enables the energy from two lasers to be blended during delivery by following a pulse of energy from one laser with a pulse of energy from another laser. The Company also provides SmartLipo Triplex system, which included a third wavelength. Its PrecisionTx technology is used for minimally invasive removal of fat in small areas, such as the neck and jawline, as well as ablation of axillary sweat glands. Its SculpSure laser system is a hyperthermic laser treatment for non-invasive lipolysis of the flanks and abdomen. SculpSure is designed to reduce fat non-invasively by eliminating subcutaneous fat cells. The versatile, hands-free device features an applicator system to treat multiple anatomical areas of the body. The Company offers Cellulaze Cellulite Laser Workstation, which is a surgical device designed to reduce cellulite by restoring the normal structure of the skin and underlying connective tissue. The Company's SideLight 3D side-firing technology directs controlled, laser thermal energy to the treatment zones.
The Company offers several workstations, including multiple light sources for the treatment of hair removal and various other skin conditions, which include the Elite MPX and Icon systems. The Company's Vectus diode laser system is for high-volume hair removal. The Elite MPX workstation and Vectus system are the Company's products for hair removal. The Elite MPX workstation features a built-in Zimmer SmartCool skin cooling system, which is integrated into a single compact model saving office space and reducing treatment time. Its Elite MPX and Apogee Elite products include two energy sources in one laser system: an Alexandrite laser and an Nd:YAG laser. The Company's Elite MPX allows the practitioner to blend the two energy sources for a customized treatment protocol. The Icon system provides multiple intense pulsed light handpieces for hair removal with integrated contact cooling, including the MaxR handpiece and MaxRs handpiece and the MaxYs handpiece for hair removal on lighter skin types and removal of pigmented lesions. The Vectus laser features the integrated contact cooling allowing providers to provide high-volume hair removal on a range of skin and hair types.
The Company offers PicoSure system, a picosecond laser technology platform for removal of tattoos and benign pigmented lesions. Picosecond lasers deliver pulses that are measured in trillionths of a second in contrast with nanosecond technology, such as MedLite and RevLite products, which deliver pulses in billionths of a second. The ultra-short pulses of the PicoSure laser provide both photothermal and photomechanical action. The Company also offers PicoSure FOCUS Lens Array for use with the PicoSure system to microscopically concentrate the PicoSure laser pulse to a precise depth and expose the skin to areas of high fluence while the surrounding skin is exposed to low background fluence. The MedLite and RevLite systems provide frequency-doubled q-switched Nd:YAG laser energy for tattoo removal and can be used with the MultiLite Dye handpieces to provide 585 nanometer (nm) (yellow) and 650 nm (red) laser energy for full-color tattoo removal. The Company's PicoSure, Icon, Elite, MedLite and RevLite systems provide a non-ablative and micro-ablative treatment approach for wrinkles, skin texture, skin discoloration and skin tightening through tissue coagulation.
The Company's PicoSure system delivers picosecond pulses of Alexandrite laser energy to remove benign pigmented lesions using both photothermal and photomechanical action. The PicoSure system may be used with the PicoSure FOCUS Lens Array to microscopically concentrate to a precise depth and expose the skin to areas of high fluence while the surrounding skin is exposed to low background fluence. Its MedLite and RevLite laser systems provide frequency-doubled Q-Switched Nd:YAG laser energy for removal of pigmented lesions. The MedLite provides a true flat-top beam profile for consistent results. The Icon system provides the LuxYs and LuxG pulsed light handpieces for the removal of pigmented lesions and the 1,540 fractional laser for the removal of melasma. The Elite system provides 755 nm Alexandrite laser energy for the treatment of pigmented lesions. The Company's Icon system provides the MaxG intense pulsed light handpiece with Dynamic Spectrum Shifting and dual-band filters for uniform heating across the entire diameter of vessels. For leg veins, the Icon system provides the Lux 1064+ laser handpiece. The Acclaim and Elite family of systems also provide 1064 nm laser energy for treatment of vascular lesions, both facial and leg veins.
The Company's Cynergy system is also used for the treatment of vascular lesions. The Cynergy system combines a pulse dye laser, which is suited for treating shallow vascular lesions, such as port wine birthmarks, facial veins and rosacea, and an Nd:YAG laser, which is suited for treating veins, such as leg veins. The Company's PicoSure, Icon, MedLite and RevLite systems use short pulses of micro-fine laser light to reach deeply into the skin's sub-layers, treating the support structure. The Company offers PrecisionTx technology provides invasive laser ablation of the axillary glands (glands in the armpit area). The Company's PinPointe FootLaser uses laser light to kill the fungus that lives in and under the nail without causing damage to the nail or the surrounding skin. Its MonaLisa Touch delivers short carbon dioxide (CO2) ablative laser pulses to the vaginal wall, decreasing genitourinary syndrome of menopause (GSM) symptoms, such as vaginal dryness, soreness and itching, as well as painful urination and intercourse. The MonaLisa Touch system is designed to stimulate and promote the regeneration of collagen fibers and the restoration of hydration and elasticity within the vaginal mucosa.
The Company competes with Cutera, Lumenis, Syneron Medical, ZELTIQ Aesthetics and Shanghai Fosun Pharmaceutical.
5 Carlisle Rd
WESTFORD MA 01886-3601
Company Web Links
- BRIEF-Cynosure receives CFDA nod to market the Icon aesthetic system in China
- BRIEF-Cynosure promotes Doug Delaney to CCO
- BRIEF-Cynosure posts Q3 non-gaap EPS of $0.29
- BRIEF-Cynosure reports record sales of $110.3 mln for the Q2 2016
- BRIEF-Cynosure receives approval to market SculpSure in South Korea