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Solta Medical  (Stock symbol: SLTM ) Acquired by Valeant Pharmaceuticals (2013 $ 250,000,000 )

25881 Industrial Boulevard
Hayward, CA 94545
USA
510-786-6946
Website Company Summary Management Team
Board

Outside board: (May no longer be on the board) Harold L. Covert (Unwired Planet CFO) Harold L. Covert (Unwired Planet CFO) Eric B. Stang (Reliant) Mark M. Sieczkarek (Conceptus President/CEO) Cathy L. McCarthy (SM&A President/CEO) Linda Graebner (Tilia Former CEO) David Holthe (Sound Surgical Technologies Former CEO)
Former outside board: Kenneth E. Ludlum (Revivant Former President/CEO) Joseph DeVivo (Rita Medical Systems President/CEO) Edward W. Knowlton (Solta Medical Founder) Marti Morfitt (CNS Former President) Len DeBenedictis (Reliant VP Development) Steve Mendelow (Konigsberg, Wolf & Company Principal) Samuel D. Colella (Versant Ventures) Douglass Eplett (Essex Woodlands Healthcare Ventures);  Keith Mullowney (Solta Medical Former Chairman);  Gary Shaffer (Morgenthaler Ventures General Partner)
Company

Business description: Solta Medical, Inc. is a global leader in the medical aesthetics market providing innovative, safe, and effective solutions for patients that enhance and expand the practice of medical aesthetics for physicians. The company offers six aesthetic energy devices to address a range of issues, including skin resurfacing and rejuvenation with Fraxel® and Clear + Brilliant® body contouring and skin tightening with Liposonix® and Thermage® and acne reduction with Isolaz® and CLARO™. As the innovator and leader in fractional laser technology, Fraxel delivers minimally invasive clinical solutions to resurface aging and sun damaged skin. Using similar fractional laser technology, Clear + Brilliant is a unique, cost-effective treatment to prevent and improve the early signs of photoaging. For body contouring, Liposonix is a non-surgical treatment to reduce waist circumference with advanced high-intensity focused ultrasound (HIFU) technology to permanently destroy targeted fat beneath the skin. Thermage is an innovative, non-invasive radiofrequency procedure for tightening and contouring skin. Isolaz was the first laser or light based system indicated for the treatment of inflammatory acne, comedonal acne, pustular acne, and mild-to-moderate inflammatory acne. CLARO is a personal care acne system that is the first FDA cleared over-the-counter IPL device that uses a powerful combination of both heat and light to clear skin quickly and naturally. More than two million procedures have been performed with Solta Medical's portfolio of products around the world.
Partners include: Philips ;  SkinCeuticals
Capital

Rounds: 2
Recent Fundings: May 2002
Capital raised: 14.0M
Last Round: 4.5M
Ownership: Acquired by Valeant Pharmaceuticals (2013 $ 250,000,000 )
Stock Symbol: SLTM

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Overview
Record updated: Dec 2013
Sector: Medical
Year Founded: 1995
Headcount: 201-300 as of Feb 2019
Rounds: 2
Recent Fundings: May 2002
Capital Raised: 14.0M
Last Round: 4.5M
Ownership: Acquired by Valeant Pharmaceuticals (2013 $ 250,000,000 )
Stock Symbol: SLTM