Industry News

PSF Launches “Shark Tank” for Plastic Surgery Entrepreneurs

In a nod to ABC's hit television show "Shark Tank," The Plastic Surgery Foundation (PSF) is looking to foster the development of the best new technological innovations and inventions in the field of cosmetic and reconstructive plastic surgery through its inaugural TIPS Innovation Challenge. The top two applicants with the best technological inventions will be announced at The PSF's Technology Innovation in Plastic Surgery (TIPS) meeting, May 31-June 2, 2013, in San Francisco, and each will receive a $5,000 award and an opportunity for mentorship from an expert panel of judges.

Noninvasive Procedures Increased in 2012

Requests for noninvasive cosmetic procedures grew across the board in 2012, while surgical procedures held steady or showed modest growth, according to the American Society of Plastic Surgeon’s annual cosmetic plastic surgery statistics. The statistics are compiled based on ASPS member responses. They report that in 2012, more than 14.5 million cosmetic procedures were performed. Botulinum toxin injections accounted for 6.1 million of those procedures, an 8% increase over 2011.

ASLMS Seeking Abstracts

The American Society for Laser Medicine & Surgery is now accepting scientific abstracts for possible presentation at Laser 2013, the 33rd annual meeting of the ASLMS. Abstracts describing the latest research and clinical findings about laser medicine and related technologies must be submitted for consideration online by Monday, October 22, 2012 at
www.aslmsabstract.org/.

Development of Topical Fat-Burning Gel XAF5 Advances with New Funding

Topical Fat Buring Gel XAF5

A topical fat-burning gel is moving on step closer to market thanks to a new funding agreement. Topokine Therapeutics, a clinical-stage biotechnology company developing therapies for dermatology and medical aesthetics, has announced a financing arrangement with Boston-based investment firm Schooner Capital wherein Topokine will receive to immediate capital and the ability to draw additional capital to advance its pipeline products, including XAF5 Gel, a clinical-stage skin cream for local reduction of excess subcutaneous fat.

International Cosmetic Procedure Rankings Released

International Cosmetic Procedure Rankings Released

Lipoplasty is the most popular cosmetic surgery procedure in the world, and the United States ranks No. 1 in the total number of invasive and noninvasive cosmetic procedures performed in 2011, according to a new worldwide study from the International Society of Aesthetic Plastic Surgeons (ISAPS, www.isaps.org). Lipoplasty, breast augmentation and blepharoplasty are the three most popular surgical procedures. Botulinum toxins, HA-based dermal fillers and laser hair removal led the pack as the top three noninvasive procedures performed worldwide.

Phase II Results Released for Biologic Acne Treatment

Phase II Results Released for Biologic Acne Treatment

XBiotech, a privately held biotechnology company, has announced positive Phase II clinical trial results for True Human monoclonal antibody MABp1in the treatment of acne vulgaris. The trial was conducted as an open label study using True Human—the first biologic therapy targeting the inflammatory cytokine IL-1α —in patients with moderate to severe acne. The company reports that patients enrolled in the study demonstrated continual improvement in lesions over the course of therapy, with up to 42% reduction in eight weeks.

TissuGlu Approved for New Trials

Cohera Medical has received approval from the United States Food and Drug Administration to begin the first no-drain clinical trial for its TissuGlu Surgical Adhesive product in the U.S. The randomized, controlled, prospective multicenter non-inferiority study will compare the standard wound closure technique with drains (control) to the standard wound closure technique including TissuGlu and no drains (test) during abdominoplasty procedures.

First Patent for Dermal Filler Technique Granted

The InjectAbility Institute has been granted United States method patent approval for its ArqueDerma Artistic Restoration Lift technique--a technique that uses dermal filler to restores facial volume loss caused by aging. Unlike conventional volume replacement procedures, the ArqueDerma technique utilizes HA fillers, such as Juvederm, Restylane and Perlane to redirect sagging skin toward hollows that have formed, anchoring it in place while stimulating collagen production to stabilize the results.