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Solta Medical, parent company of Thermage, acquired 100% equity in its China distributor Shibo Zhenmei Technology for an undisclosed amount, making it a wholly owned subsidiary responsible for local product distribution in China.
“This acquisition enabled Solta to fully control the entire value chain, from R&D and import supply to end-channel sales and client services.”law.asia
Summarized from public sources; check the original articles before acting on it.