THE WHAT? Walgreens Boots Alliance is said to be testing the waters in advance of a potential sale of its UK-based pharmacy chain, Boots. The drugstore giant first explored a sale of the retailer in 2022 but abandoned the idea after failing to attract sufficiently high enough bids.
THE DETAILS According to a report published by Bloomberg, WBA is yet to kick off a formal sale process but is in early-stage discussions with prospective buyers.
THE WHY? WBA has been exploring strategic alternatives for the UK high street stalwart for two years, from a sale to a spin-off via IPO. With finance markets revived after the post pandemic slump, WBA is presumably hoping it can achieve a sale price closer to its ideal.
Clinical aesthetics products refer to a category of products used in the field of medical aesthetics or cosmetic dermatology. These products are typically designed and formulated to be used under the supervision of healthcare professionals, such as dermatologists, plastic surgeons, or trained aestheticians. They are distinct from over-the-counter cosmetics in that they often contain active ingredients or formulations that require expertise in their application or administration.
Examples of clinical aesthetics products include:
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Dermal Fillers: Injectable substances used to add volume, smooth wrinkles, and enhance facial contours. Examples include hyaluronic acid fillers like Juvederm and Restylane.
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Botulinum Toxin (Botox): Injectables that temporarily paralyze facial muscles to reduce the appearance of wrinkles caused by repetitive movements, such as frown lines and crow's feet.
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Chemical Peels: Solutions applied to the skin to exfoliate and improve its texture. They can treat acne, pigmentation issues, and signs of aging.
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Laser and Light Therapies: Devices that emit focused light or laser energy to treat various skin conditions, including acne, scars, and signs of aging.
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Prescription Skincare Products: Formulations containing active ingredients like retinoids (vitamin A derivatives), hydroquinone, or prescription-strength antioxidants to address specific skin concerns under medical supervision.
