VERO - Venus Concept Announces Exclusive Strategic Supply Arrangement with Skin Laundry | Benzinga
TORONTO, June 17, 2024 (GLOBE NEWSWIRE) -- Venus Concept Inc. ("Venus Concept" or the "Company") (NASDAQ:VERO), a global medical aesthetic technology leader, announced today that it has entered a new strategic resurfacing and skin tightening device supply arrangement with Skin Laundry Holdings, Inc. ("Skin Laundry"). The supply arrangement included an initial order for Venus Viva ("Viva") devices for their locations across the United States and the associated Viva tips consumable to complete the procedures. Skin Laundry is placing the devices throughout their chain of clinics and plans to perform thousands of skin resurfacing treatments per month using Venus Concept's proprietary (MP)2 NanoFractional RF Technology with SmartScan, which provides clinically validated efficacy in both resurfacing and tightening. Venus Concept's (MP)2 technology provides both RF and PEMF for optimal collagen and elastin formation with over 9,000 systems installed globally.
Skin Laundry, founded in 2013 in Los Angeles, has been a leader in the aesthetic industry in how they have changed the way people treat and transform their skin through safe, effective, and affordable energy facials. With 66 clinics globally and growing, Skin Laundry offers a wide-array of the latest skin-care technologies and protocols. Their Signature Laser Facial procedure, which can be completed in less than 30 minutes and with minimal downtime, is particularly attractive to customers.
"Skin Laundry is an aesthetic ...