Swansea, UK & Nyack, New York – Energist Group today announced that it has completed the acquisition of all the assets and IP relating to the Portrait® plasma technology formerly owned by Rhytec.
The acquisition of the Portrait Plasma Skin Rejuvenation (PSR3) technology adds to the Energists Group of ablative, non-ablative, and now plasma-based solutions in the aesthetic marketplace. The addition of the Portrait PSR3 to Energists diverse mix of medical device products strengthens their leadership role in the ever growing skin rejuvenation market.
As with our previous acquisitions, we continue to strengthen and diversify our technology base and we are very excited to add this totally unique technology to our offering, said Jonathan Prutton, Chief Executive, Energist Group. This acquisition allows us to re-commence serving the 300 doctors in the US who pioneered this unique modality for the treatment of wrinkles, acne scarring and general skin rejuvenation, added John Lenihan, Group Vice President of Sales.
The first step that the Energist Group will execute will be to re-commence the manufacture of Portrait tips to meet existing customers needs. After which, the group intends on redesigning and launching the second generation of the Portrait PSR3 system.
Updated on: Wednesday, December 9th, 2009