arset="UTF-8" /> Allergan to buy Zeltiq Aesthetics for about $2.48 billion | Canyon Health
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FILE PHOTO - The Allergan logo is seen in this photo illustration in Singapore(Reuters) – Botox maker Allergan Plc said it would buy body-contouring product maker Zeltiq Aesthetics Inc for about $2.48 billion, adding muscle to its line-up of products used to fight fat and smoothen wrinkles. Zeltiq’s CoolSculpting System is approved by the U.S. Food and Drug Administration and utilizes a cooling mechanism to reduce the appearance of stubborn fat – which may not respond to diet or exercise – without disturbing surrounding tissue. Dublin-based Allergan, led by its acquisitive Chief Executive Brent Saunders, has orchestrated a flurry of deals since its $160 billion merger with Pfizer Inc collapsed in April.

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