Sientra (SIEN) Misses Q4 EPS Views

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Sientra (SIEN) Acquires Rights to bioCorneum Silicone Gel Scar Management Therapy

March 9, 2016 4:22 PM EST

Sientra, Inc. (NASDAQ: SIEN) today announced the acquisition from Enaltus, LLC of the exclusive U.S. rights to bioCorneum®, an advanced silicone gel scar management products, for $7.0 million in cash.

Jeffrey Nugent, Chairman and Chief Executive Officer of Sientra, said, Consistent with our stated business development objectives, this acquisition further leverages our highly experienced PSC sales force by adding a differentiated and complementary product that serves the needs of board-certified plastic surgeons while diversifying our business mix. We have received very positive feedback from our customers who are both current and potential... More