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January 5, 2010

Merz buys out BioForm Medical, makers of Radiesse

Wow, that was fast. One prediction - market consolidation - is already coming true.

CnnMoney.com reports that Merz Pharma Group ("Merz"), a privately-held company based in Frankfurt, Germany, is going forward with a buy-out of BioForm Medical, in a $253 million stock deal.

BioForm Medical is the maker of RADIESSE dermal filler. Merz has several fillers used in Europe - but not in the U.S., and is about to come out with a Botox-competitor, named Xeomin.

For patients though, not to worry: Radiesse will still remain in the U.S. marketplace.

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