RALEIGH, N.C., Nov. 21, 2014 /PRNewswire/ — The trickle down effect of what is being called the "largest deal of 2014" at $66 billion dollars colors the future of the medical spa industry rosy.
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"It looks like double-digit growth will continue," says Dr. Briggs Cook, Medical Director of PURE MedSpa, with locations in Raleigh and Huntersville, North Carolina. "We were rooting for Actavis," adds Spa Director Donielle Wybel. "Their business principles and growth strategy are in complete alignment with our expansion plans," she explains.
The first reason for this is the focus on research and development. R&D efforts were expected to slow down had an earlier hostile takeover attempt succeeded. The company's continual upgrading and search for new applications for Allergan's (and PURE MedSpa's) blockbuster product, BOTOX, has offered many additional treatment and procedure opportunities for clients and patients.
Secondly, education and transparency is also of high importance. Allergan is one of the few companies in the industry that advertises directly to the consumer, reports Allergan Senior Business Development Manager Lisa Macko. "The awareness this generates, along with educational forums we host for PURE MedSpa, help answer consumer questions and illustrates the positive outcomes that can be achieved with 'medical aesthetics' (a term actually coined by CEO Pyott)."
Lastly, the companies share a common culture of innovation and growth. Allergan's Pyott was named #4 on a list of 832 Best Performing Companies by Harvard Business Review. PURE MedSpa achieved Diamond status with Allergan in just two years, an unbelievable growth accomplishment according to industry standards.
So we can expect that when a transition or change occurs in the ever-evolving business of beauty, the mantra "In Pyott we trust" will continue to reverberate for a long time to come in medical spas everywhere.
http://www.medsparaleigh.com
http://www.allergan.com
CONTACT:
Rebecca Antonelli
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