Financial News

Crown Laboratories Acquires Select Assets from Healeon LLC

The acquisition strengthens the leadership position of Crown's ProGen PRP Eclipse brand.

Crown Aesthetics – a Crown Laboratories, Inc. company and global innovative leader in the skincare industry – has acquired the assets and technology from Healeon LLC, a subsidiary of Bimini Health Tech in the aesthetics PRP space.

Bimini Health Tech is an international leader with products utilized in over 1.5 million procedures worldwide in regenerative therapies, and the aesthetic and reconstructive surgery markets. Bimini paved the way in developing, acquiring and commercializing PRP products that provide premium solutions for patients and physicians.

“As a physician, this acquisition further strengthens my confidence in partnering with a company that is deeply invested in the PRP market and consistently supports practices with high-quality, innovative products,” said Jeffrey Rapaport, MD, founder of Rapaport Hair Institute.

Officials said the acquisition of these assets strengthens the leadership position of Crown’s ProGen PRP Eclipse brand – among the first PRP brands to qualify and quantify the existence of autologous exosomes in its PRP, provide timely access for new product developments in the market and ensure continual access to the highest quality PRP devices in the market. The business synergy also gives Crown the opportunity to expand geographic reach and continue to diversify production capabilities, officials said.

“The acquisition of these assets advances Crown’s position as a leading provider of PRP solutions in the US and allow us to expand our PRP footprint globally,” said Jeff Bedard, CEO, Crown Laboratories. “As our business evolves, our customers will have access to a comprehensive portfolio of innovative solutions to address their patients’ unique needs, and delivering groundbreaking solutions backed by research and proven performance.”

As a fully integrated skincare company, Crown Laboratories offers a diverse portfolio of aesthetic and therapeutic products. Aesthetics brands within the existing Crown Laboratories portfolio are SkinPen, Biojuve, ProGen PRP Eclipse, Votesse and MicroPen EVO.

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