-
Ukraine's Zelensky in Paris seeking support as Trump pushes plan
-
UK withdraws loan for Mozambique gas project
-
African star Girmay signs with NSN Cycling Team
-
Boycott urges England to 'use their brains' in quest to level Ashes
-
Pope prays for peace in Lebanon and the region
-
Trump says will 'look into' reported double-tap strike on alleged drug boat
-
Asia floods death toll tops 1,100 as troops aid survivors
-
Stocks mixed as traders eye US data for Fed signals
-
Italian tennis icon Nicola Pietrangeli dies aged 92
-
Groundbreaking HIV prevention shots to begin in Africa
-
Asia floods toll tops 1,000 deaths as troops aid survivors
-
Indonesia flood survivors battle mud, trauma
-
Pope prays for peace in Lebanon, region
-
Chinese fans lambast Brighton over Imperial Japan soldier post
-
Rapid floods shock Sri Lanka's survivors
-
Equity markets mixed as traders eye US data ahead of Fed decision
-
Pope to offer hope on Lebanon visit
-
Seoul mayor indicted over alleged illegal polling payments
-
Asia floods toll tops 1,000 as military aid survivors
-
Hong Kong student urging probe into deadly fire leaves police station
-
Thunder hold off Blazers to avenge lone defeat of NBA season
-
Zelensky meets Macron to shore up support for Ukraine as Trump optimistic
-
Trump-backed candidate leads Honduras poll
-
Australia ban offers test on social media harm
-
Williamson bolsters New Zealand for West Indies Test series
-
South Korean religious leader on trial on graft charges
-
Please don't rush: slow changes in Laos 50 years after communist victory
-
Williamson bolsters New Zealand batting for West Indies Test series
-
How Australia plans to ban under-16s from social media
-
Militaries come to aid of Asia flood victims as toll nears 1,000
-
'For him': Australia mum channels grief into social media limits
-
Thunder down Blazers to avenge lone defeat of season
-
Asian markets mixed as traders eye US data ahead of Fed decision
-
Migrant domestic workers seek support, solace after Hong Kong fire
-
Experts work on UN climate report amid US pushback
-
Spain aim to turn 'suffering' to success in Nations League final second leg
-
Pope to urge unity, bring hope to Lebanese youth on day two of visit
-
Thousands march in Zagreb against far right
-
Trump confirms call with Maduro, Caracas slams US maneuvers
-
Young dazzles as Panthers upset Rams, Bills down Steelers
-
Medicus Pharma Ltd. Appoints Carolyn Bonner as Chief Financial Officer in Addition to Her Role as President
-
USPTO and USDOJ File Public Interest Comment in Netlist' U.S. International Trade Commission Action Against Samsung
-
GameSquare's Stream Hatchet Expands AI Strategy with Launch of Next-Generation AI Campaign Builder
-
Studio Freewillusion Launches Production-Ready AI VFX Pipeline for Hollywood Filmmakers
-
SMX Is Capturing Global Attention By Turning Supply Chains Into Intelligence Networks
-
ZTEST Electronics Inc. Announces Fiscal Q1 2026 Results
-
Empress Reports Record Revenue for 2025 Third Quarter Financial Results
-
Hemlo Mining Corp. Announces Commencement of Trading on the TSXV at Market-Open on Tuesday, December 2, 2025
-
Altigen Announces Fiscal Year 2025 Earnings Call Information
-
Bausch Health's Aesthetics Business, Solta Medical, Acquires Longtime Distribution Partner, the Shibo Group, to Strengthen Presence in China
Bausch Health's Aesthetics Business, Solta Medical, Acquires Longtime Distribution Partner, the Shibo Group, to Strengthen Presence in China
Transaction boosts Solta Medical's position to meet rising demand in China's growing aesthetics market
LAVAL, QC / ACCESS Newswire / December 1, 2025 / Bausch Health Companies Inc. (NYSE:BHC)(TSX:BHC), a global, diversified pharmaceutical company, along with its global aesthetic business, Solta Medical, today announced the successful completion of the acquisition of Wuhan Shibo Zhenmei Technology Co., Ltd., consisting of the Shibo group's aesthetics distribution business. The Shibo group has served as Solta Medical's trusted distribution partner over the past decade. Effective December 1, 2025, Wuhan Shibo Zhenmei Technology Co., Ltd. became a wholly owned subsidiary of Solta Medical in China, assuming full responsibility for the distribution of Solta Medical's products, including Thermage® FLX, as well as other aesthetic devices in the Chinese market.
Thomas J. Appio, Chief Executive Officer of Bausch Health, stated, "This acquisition expands Solta Medical's geographical reach and market scale in China. By leveraging an existing distribution network and local knowledge, Solta Medical can immediately gain access to the large customer base to drive future revenue and market share growth. Solta Medical delivers premium offerings, and we look forward to building on our foundation of success and deepening our commitment to excellence in China."
This acquisition provides Solta Medical with an enhanced ability to address increasing market demand for aesthetics treatments through localized solutions and proven technologies. Building on a longstanding partnership, this acquisition reinforces Solta Medical's focus to gain direct insight into customer needs, preferences, and service in the China market.
Jiny Kim, Senior Vice President, Solta Medical, commented, "The Shibo group has been integral to the success of Thermage in China for more than a decade. Integrating their team into Solta Medical allows us to build on that trust and deliver even greater value-accelerating innovation by being closer to our customers, enhancing service, and ensuring patients continue to receive high-quality treatments."
Belinda Bao, Vice President, General Manager, Solta China, added, "This step puts Solta Medical in a stronger position as a growth driver for Bausch Health. We are now able to move quicker in the Chinese market and focus on delivering quality results with trusted technologies like Thermage."
This strategic acquisition demonstrates Bausch Health's ongoing commitment to advancing global aesthetics. By delivering reliable and innovative solutions, the company aims to support both providers and the patients they serve in the rapidly evolving aesthetics market.
About Bausch Health
Bausch Health Companies Inc. (NYSE:BHC)(TSX:BHC), is a global, diversified pharmaceutical company enriching lives through our relentless drive to deliver better health care outcomes. We develop, manufacture and market a range of products primarily in gastroenterology, hepatology, neurology, dermatology, dentistry, aesthetics, international pharmaceuticals and eye health, through our controlling interest in Bausch + Lomb Corporation. Our ambition is to be a globally integrated healthcare company, trusted and valued by patients, HCPs, employees and investors. Our aesthetic business, Solta Medical, is a global leader in the aesthetics market, whose vision is to develop and support trusted aesthetic brands that provide value to our customers and patients. More information about Solta Medical can be found at www.solta.com. For more information about Bausch Health, visit www.bauschhealth.com and connect with us on LinkedIn.
About Wuhan Shibo Zhenmei Technology Co., Ltd.
Wuhan Shibo Zhenmei Technology Co., Ltd. is a private distributor of medical beauty products located in Wuhan Shi, Hubei, China.
Forward-looking Statements
This news release may contain forward-looking statements within the meaning of applicable securities laws, including the Safe Harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995, including statements about the acquisition of Solta Medical's distribution partner in China (the "Acquisition") and the anticipated benefits of the Acquisition. Forward-looking statements may generally be identified by the use of the words "will," "anticipates," "hopes," "expects," "intends," "plans," "should," "could," "would," "may," "believes," "subject to" and variations or similar expressions. These statements are neither historical facts nor assurances of future performance, are based upon the current expectations and beliefs of management and are subject to certain risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. In particular, the expected benefits of the Acquisition may not be realized or may not be realized within the expected time period. Actual results are subject to other risks and uncertainties that relate more broadly to Bausch Health's overall business, including those more fully described in Bausch Health's most recent annual and quarterly reports and detailed from time to time in Bausch Health's other filings with the U.S. Securities and Exchange Commission and the Canadian Securities Administrators, which factors are incorporated herein by reference. Readers are cautioned not to place undue reliance on any of these forward-looking statements. These forward-looking statements speak only as of the date hereof. The Company undertakes no obligation to update any of these forward-looking statements to reflect events, information or circumstances after the date of this news release or to reflect actual outcomes, unless required by law.
Investor Contact:
Garen Sarafian
[email protected]
(877) 281-6642 (toll free)
Media Contact:
Katie Savastano
[email protected]
(908) 569-3692
SOURCE: Bausch Health Companies Inc.
View the original press release on ACCESS Newswire
M.A.Colin--AMWN