Cosmoceutical Industry Hit Hard by Recession, Part 3: Mentor Purchased by J&J

During this recession, the third big financial shake-up in the cosmetic-medicine industry has been the purchase of the Mentor Corporation by Johnson & Johnson.

Mentor (based in Santa Barbara) makes a variety of excellent products, including

• breast implants, both saline and silicone
• tissue expanders for breast reconstruction
• liposuction devices (under their Byron division)
• skin care products (called NIA 24)
• a soft-tissue filler (called Prevelle Silk)
• in the pipeline:  a muscle relaxant similar to Botox, supposedly called PurTox

Johnson & Johnson is a health-care behemoth.  J&J has also aquired the rights to market and to sell Evolence, a new collagen soft-tissue filler.  Obviously, J&J is going to make a play for the cosmetics market against other big players like Allergan and Medicis.

More on Evolence in future blogs....

Comments

[Dr. Stewart]

I've never thought of Johnson and Johnson as being in the plastic surgery industry, yet there is so much money in it that it doesn't surprise me at all.