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Venus Concept Australian Regulatory Approval for NeoGraft 2.0

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Venus Concept Inc. Announces CE Mark and Australian Regulatory Approval for NeoGraft 2.0, A Trusted Name in Hair Restoration

Venus Concept Inc, a global medical aesthetic technology leader, today announced that it has received a CE Mark from DEKRA Certification B.V. and Therapeutic Goods Administration (TGA) clearance in Australia to market NeoGraft 2.0 for hair restoration.

NeoGraft 2.0 is intended as an automated hair transplant device using the Follicular Unit Extraction (FUE) method of harvesting and implanting hair follicles.

With the introduction of NeoGraft 2.0, Venus Concept has eliminated the inefficiencies of manual extractions and implants and replaced it with advanced technology that provides patients with the benefits of the FUE procedure, while also enabling physicians to benefit from easier transplants that yield superior clinical results.

The NeoGraft® 2.0 is a next generation version which offers an extended and double-jointed arm, updated implant and extraction tools, a pneumatic motor, and touchscreen interface, which together offer clinicians a more efficient treatment room and more consistent clinical outcomes. NeoGraft 2.0 procedures are minimally invasive, require less recovery time, and offer natural-looking results for all hair types, males and females alike.

“We launched NeoGraft 2.0 on a limited basis in Europe and Australia in the fourth quarter and look forward to a full commercial launch in these markets in the first quarter of 2020,” said Dom Serafino, Chief Executive Officer and Director of Venus Concept Inc. “Our recent merger with Restoration Robotics allows us to offer an end-to-end portfolio of minimally invasive solutions unique from any competitor in the hair restoration market today with ARTAS iX and NeoGraft 2.0.

With more than 600,000 procedures and an estimated $4 billion1 spent annually in global hair restoration, our portfolio of unique technology solutions, combined with our large global selling infrastructure, positions us well to drive growth in an extremely attractive global hair restoration market.”

About Venus Concept

Venus Concept is an innovative global medical aesthetic technology leader with a broad product portfolio of minimally invasive and non-invasive medical aesthetic technologies and reach in over 60 countries and 29 direct markets.

Venus Concept focuses its product sales strategy on a subscription-based business model in North America and in its well-established direct global markets. Venus Concept’s product portfolio consists of aesthetic device platforms, including Venus Versa, Venus Legacy, Venus Velocity, Venus Fiore, Venus Viva, Venus Freeze Plus, and Venus Bliss. Venus Concept’s hair restoration division includes NeoGraft, an automated hair restoration system that facilitates the harvesting of follicles during a FUE process and the ARTAS® and ARTAS iX™ Robotic Hair Restoration Systems, which harvest follicular units directly from the scalp and create recipient implant sites using proprietary algorithms.

Venus Concept has been backed by leading healthcare industry growth equity investors including EW Healthcare Partners (formerly Essex Woodlands), HealthQuest Capital, Longitude Capital Management, and Aperture Venture Partners.

Venus Concept Inc. Announces CE Mark and Australian Regulatory Approval for NeoGraft 2.0, A Trusted Name in Hair Restoration

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neograft

Venus Concept Australian Regulatory Approval for NeoGraft 2.0

/in /by

Venus Concept Inc. Announces CE Mark and Australian Regulatory Approval for NeoGraft 2.0, A Trusted Name in Hair Restoration

Venus Concept Inc, a global medical aesthetic technology leader, today announced that it has received a CE Mark from DEKRA Certification B.V. and Therapeutic Goods Administration (TGA) clearance in Australia to market NeoGraft 2.0 for hair restoration.

NeoGraft 2.0 is intended as an automated hair transplant device using the Follicular Unit Extraction (FUE) method of harvesting and implanting hair follicles.

With the introduction of NeoGraft 2.0, Venus Concept has eliminated the inefficiencies of manual extractions and implants and replaced it with advanced technology that provides patients with the benefits of the FUE procedure, while also enabling physicians to benefit from easier transplants that yield superior clinical results.

The NeoGraft® 2.0 is a next generation version which offers an extended and double-jointed arm, updated implant and extraction tools, a pneumatic motor, and touchscreen interface, which together offer clinicians a more efficient treatment room and more consistent clinical outcomes. NeoGraft 2.0 procedures are minimally invasive, require less recovery time, and offer natural-looking results for all hair types, males and females alike.

“We launched NeoGraft 2.0 on a limited basis in Europe and Australia in the fourth quarter and look forward to a full commercial launch in these markets in the first quarter of 2020,” said Dom Serafino, Chief Executive Officer and Director of Venus Concept Inc. “Our recent merger with Restoration Robotics allows us to offer an end-to-end portfolio of minimally invasive solutions unique from any competitor in the hair restoration market today with ARTAS iX and NeoGraft 2.0.

With more than 600,000 procedures and an estimated $4 billion1 spent annually in global hair restoration, our portfolio of unique technology solutions, combined with our large global selling infrastructure, positions us well to drive growth in an extremely attractive global hair restoration market.”

About Venus Concept

Venus Concept is an innovative global medical aesthetic technology leader with a broad product portfolio of minimally invasive and non-invasive medical aesthetic technologies and reach in over 60 countries and 29 direct markets.

Venus Concept focuses its product sales strategy on a subscription-based business model in North America and in its well-established direct global markets. Venus Concept’s product portfolio consists of aesthetic device platforms, including Venus Versa, Venus Legacy, Venus Velocity, Venus Fiore, Venus Viva, Venus Freeze Plus, and Venus Bliss. Venus Concept’s hair restoration division includes NeoGraft, an automated hair restoration system that facilitates the harvesting of follicles during a FUE process and the ARTAS® and ARTAS iX™ Robotic Hair Restoration Systems, which harvest follicular units directly from the scalp and create recipient implant sites using proprietary algorithms.

Venus Concept has been backed by leading healthcare industry growth equity investors including EW Healthcare Partners (formerly Essex Woodlands), HealthQuest Capital, Longitude Capital Management, and Aperture Venture Partners.

Venus Concept Inc. Announces CE Mark and Australian Regulatory Approval for NeoGraft 2.0, A Trusted Name in Hair Restoration

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NeoGraft Launches New Hair Transplant Technician Scheduling App

NeoGraft Launches New Hair Transplant Technician Scheduling App

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NeoGraft® Launches New On-Demand Hair Transplant Technician Scheduling App For Physician Partners

NeoGraft®, an innovative global leader in precision FUE hair restoration technology, announces the launch of a new on-demand hair transplant technician scheduling app for their physician partners.

The NeoGrafters™ app for physicians is now available on Google Play and the App Store and was designed to help simplify and streamline the technician scheduling process for partners offering NeoGraft® follicular unit extraction (FUE) hair transplant services.

“On-demand services are becoming increasingly popular, so we looked for ways to improve our technician scheduling process for our physician partners,” said David Bays, Vice President of Business Development for Venus Concept, Ltd., the parent company for NeoGraft®. “Our new app will allow our NeoGraft® physicians to create a booking request, choose their preferred technicians based on availability, review all estimated charges, and submit right from their phones. Once the procedures are completed, the physician can then review the final details, including graft counts, provide an in-app signature, and pay their balance via credit card,” Bays continued.

In addition to streamlining scheduling processes, NeoGraft® has enhanced their technician and nurse recruitment and training programs. “Our recruiting process is very selective and on average, our hair transplant professionals have a minimum of 10 years of experience,” said Stephani Boyd, Director of the NeoGrafters™ program. “We closely monitor each member of our team to ensure high standards are being maintained and require all to successfully complete a yearly recertification review. Working under the direct supervision of the practice physician, our experienced NeoGrafters™ professionals are there to ensure patient safety is maintained and best possible procedure outcomes are achieved,” Boyd continued.

For more information on NeoGrafters™ or to download the app, please visit www.neografters.com.

About NeoGraft®

Eight years ago, NeoGraft® launched its automated follicular unit extraction (FUE) system in North America. Today, NeoGraft® is considered one of the most trusted hair restoration brands in the world and collaborates with top aesthetic surgeons. By combining next-generation, minimally-invasive surgical techniques with decades of data, the company designed NeoGraft® 2.0 to be more than just a device—it is engineered to allow NeoGraft® to be true partners with physicians.

Wireless connectivity enables remote access for diagnostics, maintenance, automatic upgrades, and procedural data. The touchpad operates like your favorite tablet, and software communicates with the hand tools to provide real-time extract and implant graft counts. Today, NeoGraft® boasts over a 90% patient satisfaction rating on the world’s leading independent consumer website, RealSelf. For more information, please visit www.neograft.com.

About Venus Concept®

Venus Concept is a leading global medical technology company that develops, commercializes, and delivers safe, efficacious, and easy-to-use aesthetic technologies and related practice enhancement services in a unique, industry-disruptive subscription-based business model. Venus Concept’s devices have been designed in cost-effective and proprietary ways that enable the company to expand beyond the aesthetic industry’s traditional markets of dermatology and plastic surgery, and into non-traditional markets—such as family practice, general practice, internal medicine, obstetrics and gynecology, and medical spas.

Approximately 70 percent of its devices are sold in non-traditional markets. The company has expanded its subscription platform and is now selling its devices in over 60 countries, including 27 with direct offices. Venus Concept now has over 400 global employees whose customer-centric approach has supported the company’s rapid growth. For more information, please visit www.venusconcept.com.

NeoGraft® Launches New On-Demand Hair Transplant Technician Scheduling App For Physician Partners

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Dr Pinsky uses NeoGraft technology to Restore Hair Loss

Dr Pinsky uses NeoGraft technology to Restore Hair Loss

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Dr. Mark Pinsky uses NeoGraft technology to Restore Hair Loss in Men and Women

Offering NeoGraft hair restoration treatments in his Florida office, Mark Pinsky improves hair loss and thinning for patients across the Palm Beach area and beyond with minimal impact to their daily health. Hair loss affects around two-thirds of men by the time they reach the age of 35.

Past 50, almost every man will face significant hair thinning or receding. Many women also face hair thinning as they mature, not to mention the possibility of alopecia that is prevalent in both men and women.

To keep up their hair with age, and to improve their overall self-worth and confidence, many patients turn to hair-replacement therapy such as oral prescriptions, laser therapy, and hair transplants.

Patients rightfully have their reservations on which to invest on, however, with the combination of NeoGraft technology and the skilled eye for natural hair patterns from Dr. Mark Pinsky, you can trust that NeoGraft will yield amazing results.

Dr. Mark Pinsky Turn to NeoGraft Because of its Effectiveness and Minimal Invasiveness

Older hair restoration options, while helping to thicken hair with natural, long-lasting results, may involve removing large strips of hair and may leave undesired scars.

Not to mention that traditional hair transplants are reaching a minimal 60 percent average success rate and may be very painful. Past hair restorations options also require general anesthesia that may involve a larger cost.

NeoGraft offers a state-of-the-art automated hair transplant system that simplifies and greatly improves the success of follicle extraction and transplantation processes with an outstanding success rate of 95 to 98 percent.

Through NeoGraft, patients don’t have to suffer a linear scar and after only one session, patients can return to their daily routine with minimal restrictions.

The procedure relies on Automated Follicular Unit Extraction (FUE), which transplants twice as many hair grafts as manual FUE. The procedure is performed by transplant specialists who assist Dr. Pinsky to achieve optimal efficiency and a natural appearance under a comfortable local anesthetic.

Dr. Mark Pinsky has earned an international reputation for his outstanding work in both surgical and non-surgical procedures. Graduating from the University of Texas Health and Sciences of Houston, Dr. Pinsky has since made a name for himself in the medical field and acquired certifications from highly accredited sources like the American Board of Plastic Surgery to further his career.

He’s earned distinctions such as the top 500 status with Allergan Medical and a Presidential Champion status with Galderma. He’s also the creator of skIN3 with DermaTriPlex – a globally patented skincare product line.

Dr. Mark Pinsky uses NeoGraft technology to Restore Hair Loss in Men and Women

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