Oct 15 (Reuters) - Syneron Medical Ltd:
* To acquire Primaeva Medical Inc
* Says will acquire Primaeva for $7 million in cash, with potential additional
consideration of up to $23 million in cash
* Says Primaeva founder and CEO Bankim Mehta will join the Syneron management
team
* Says expects to introduce the non-surgical skin tightening Primaeva
technology in 2010
* Says deal expected to close before the end of calendar year 2009
* Says Primaeva product has already received FDA clearance for wrinkle
treatment
((Bangalore Equities Newsroom; +91 80 4135 5800; within U.S. +1 646 223 8780))
(For more news, please click here) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
* To acquire Primaeva Medical Inc
* Says will acquire Primaeva for $7 million in cash, with potential additional
consideration of up to $23 million in cash
* Says Primaeva founder and CEO Bankim Mehta will join the Syneron management
team
* Says expects to introduce the non-surgical skin tightening Primaeva
technology in 2010
* Says deal expected to close before the end of calendar year 2009
* Says Primaeva product has already received FDA clearance for wrinkle
treatment
((Bangalore Equities Newsroom; +91 80 4135 5800; within U.S. +1 646 223 8780))
(For more news, please click here) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.