Cutera® Announces Exclusive Distribution Agreement With L’Oréal® for SkinCeuticals® Products in Japan
31 Julio 2024 - 7:00AM
Business Wire
CUTERA, INC. (Nasdaq: CUTR), a leading provider of aesthetic and
dermatology solutions, and its Japanese subsidiary, Cutera KK, are
pleased to announce a strategic partnership with L’Oréal Japan Co.
to exclusively promote, market, sell and distribute select
SkinCeuticals products to medical and physician-led clinics in
Japan.
"We are excited about this collaboration with L'Oréal Japan Co.
to bring SkinCeuticals' renowned skincare innovations to aesthetic
providers in Japan," said Brent Hauser, Cutera’s International
President. "This agreement underscores our commitment to supporting
our existing customer base by expanding access to high-quality
skincare solutions that meet the unique needs of medical clinics
and their patients."
Under the terms of the agreement, the partnership will initially
span three years, with options for renewal. As part of the
collaboration, L'Oréal Japan Co. will provide comprehensive
marketing and advertising support to enhance the visibility and
reach of SkinCeuticals products within the medical community. This
agreement solidifies Cutera KK's position as a key player in the
Japanese aesthetics market, leveraging its established network and
expertise in medical aesthetics.
“We look forward to contributing to the acceleration of growth
of SkinCeuticals in Japan, leveraging Cutera KK's strong presence
and L'Oréal's global expertise in skincare," added Mr. Hauser.
Cutera plans to introduce the SkinCeuticals product line to
customers in Japan during the fourth quarter of this year. The
company expects the financial impact of the distribution agreement
to be immaterial in 2024.
About Cutera, Inc.
Cutera is a leading provider of aesthetic and dermatology
solutions for practitioners worldwide. For over 25 years, Cutera
has strived to improve lives through medical aesthetic technologies
that are driven by science and powered through partnerships. For
more information, call 1-888-4-CUTERA or visit Cutera.com.
About L’Oréal
For 115 years, L’Oréal, the world’s leading beauty player, has
devoted itself to one thing only: fulfilling the beauty aspirations
of consumers around the world. Our purpose, to create the beauty
that moves the world, defines our approach to beauty as essential,
inclusive, ethical, generous and committed to social and
environmental sustainability. With our broad portfolio of 37
international brands and ambitious sustainability commitments in
our L’Oréal for the Future programme, we offer each and every
person around the world the best in terms of quality, efficacy,
safety, sincerity and responsibility, while celebrating beauty in
its infinite plurality.
More information on https://www.loreal.com/en/mediaroom
Safe Harbor Statement
Certain statements in this press release, other than purely
historical information, are “forward-looking statements” within the
meaning of the Private Securities Litigation Reform Act of 1995,
Section 27A of the Securities Act, and Section 21E of the
Securities Exchange Act of 1934, as amended (the “Exchange Act”).
These statements include but are not limited to, Cutera’s plans,
objectives, strategies, financial performance, guidance and
outlook, product launches and performance, trends, prospects, or
future events and involve known and unknown risks that are
difficult to predict. As a result, the Company’s actual financial
results, performance, achievements, or prospects may differ
materially from those expressed or implied by these forward-looking
statements. In some cases, you can identify forward-looking
statements by the use of words such as, but not limited to, “may,”
“could,” “seek,” “guidance,” “predict,” “potential,” “likely,”
“believe,” “will,” “should,” “expect,” “anticipate,” “estimate,”
“plan,” “intend,” “forecast,” “foresee” or variations of these
terms and similar expressions or the negative of these terms or
similar expressions. Forward-looking statements are based on
management's current, preliminary expectations and are subject to
risks and uncertainties, which may cause Cutera's actual results to
differ materially from the statements contained herein. These
statements are not guarantees of future performance, and
stockholders should not place undue reliance on forward-looking
statements. There are several risks, uncertainties, and other
important factors, many of which are beyond the Company’s control,
that could cause its actual results to differ materially from the
forward-looking statements contained in this press release,
including those described in the “Risk Factors” section of Annual
Reports on Form 10-K, Quarterly Reports on Form 10-Q, Current
Reports on Form 8-K, and other documents filed from time to time
with the United States Securities and Exchange Commission by
Cutera.
All statements made in this release are made only as of the date
set forth at the beginning of this release. Accordingly, undue
reliance should not be placed on forward-looking statements. Cutera
undertakes no obligation to update publicly any forward-looking
statements to reflect new information, events, or circumstances
after the date they were made, or to reflect the occurrence of
unanticipated events. If the Company updates one or more
forward-looking statements, no inference should be drawn that it
will make additional updates concerning those or other
forward-looking statements. Cutera's financial performance for the
first quarter ended March 31, 2024, as discussed in this release,
is preliminary and unaudited, and subject to adjustment.
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version on businesswire.com: https://www.businesswire.com/news/home/20240731287453/en/
Cutera Investor Relations Contact: Shelby Eckerman, VP,
Finance IR@Cutera.com
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