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Zeltiq's CoolSculpting

This article was originally published in The Gray Sheet

Executive Summary

Non-invasive fat reduction system will be available in the U.S. immediately after receiving 510(k) clearance, announced Sept. 8. Zeltiq received a CE mark in September 2009 for the controlled cooling technology (1"The Gray Sheet" June 7, 2010). The non-surgical substitute for liposuction is based on the natural biologic susceptibility of fat cells to cold. The CoolSculpting system kills underlying fat cells and does not affect the skin tissue, the firm explains

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Financings In Brief

Zeltiq Aesthetics raises $25 million: Fat reduction technology developer raises $25 million in a "Series D" private placement led by Aisling Capital, announced June 2. The funds will help Zeltiq Aesthetics "scale up globally," notes CEO Gordie Nye. The firm received European CE Mark approval last September for non-invasive fat layer reduction with its Zeltiq system, which is based on Cryolipolysis controlled cooling technology. The non-surgical alternative to liposuction relies on the natural biologic vulnerability of fat cells to cold. It "is designed to only kill fat cells and not cause the injury to the skin or other tissue that results from liposuction," the company claims. In the U.S., the system is cleared for dermatologic applications; an application is pending for fat-cell reduction, Zeltiq says. Based in Pleasanton, Calif., Zeltiq has raised $50 million since it was founded in 2005

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