LipoSonix

LipoSonix

LipoSonix, Inc operates as a medical device company The company develops non-invasive body sculpting products for aesthetic applications.

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$150m

Valuation: $150m

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LipoSonix operates in the non-invasive aesthetic device market, specifically targeting fat reduction. The company, founded in 1999 by Charles Larsen, developed a system that utilizes high-intensity focused ultrasound (HIFU) technology to permanently destroy subcutaneous fat cells without surgery. Jens Quistgaard, a former executive at SonoSite and an ultrasound expert, served as the CEO of LipoSonix, bringing his extensive background in electrical engineering and ultrasound technology to the company's development of its SonoSculpt device.

The LipoSonix system is designed for body contouring, primarily for reducing waist circumference and addressing stubborn fat deposits on the abdomen, flanks, buttocks, and thighs. The technology works by delivering focused ultrasound energy at a specific depth below the skin, raising the temperature of the targeted fat tissue to above 56°C, which causes irreversible cell death. The body's natural lymphatic system then processes and removes the disrupted fat cells over a period of 8 to 12 weeks. A typical treatment session lasts about one hour and requires no anesthesia or incisions, offering a non-surgical alternative to liposuction with minimal downtime.

The company's business model revolves around the sale of these medical aesthetic devices to practitioners such as plastic surgeons and dermatologists. A key milestone was receiving FDA clearance for its second-generation system for non-invasive waist circumference reduction in October 2011. Shortly after this regulatory achievement, Medicis Pharmaceutical, which had acquired LipoSonix, sold the subsidiary to Solta Medical, Inc. in a deal valued at an initial $35 million. This acquisition integrated the LipoSonix HIFU technology into Solta's portfolio, which included other aesthetic devices like Fraxel and Thermage, creating cross-selling opportunities. The target clients for the LipoSonix treatment are individuals in good health, with a BMI of 30 or lower, who have at least one inch of excess fat in the treatment area.

Keywords: high-intensity focused ultrasound, HIFU, non-invasive fat reduction, body contouring, aesthetic device, subcutaneous adipose tissue, waist circumference reduction, Solta Medical, Medicis Pharmaceutical, non-surgical liposuction alternative, cosmetic ultrasound, medical aesthetics, fat cell destruction, body sculpting, aesthetic technology, Jens Quistgaard, Charles Larsen, SonoSculpt, thermo-coagulation, lymphatic system fat removal

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