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August 2, 2018

Our New Revenue Share Program in North America and Europe

We are pleased to announce the launch of our new Advanced Connectivity Module (ACM) Revenue Share Program, powered by Venus Connect™ smart technology.

The Venus Concept Revenue Share Program has been developed to offer aesthetic professionals yet another option to gain access to the latest technology with virtually no risk. "Our new Revenue Share Program is a continuation of our commitment to offer industry partners access to cutting-edge aesthetic technology without the traditional barriers they may have encountered in the past," says Domenic Serafino, Chairman and CEO of Venus Concept Ltd. "Our new Venus Connect™ technology allows us to simply place aesthetic systems with qualified customers and charge them a flat fee based on their monthly usage. The systems will be completely warrantied for as long as they participate in the program, which is yet another industry first."

The first platform that we will deploy using this new ACM technology will be the Venus Velocity™ diode laser hair removal system. "In addition to general usage information, we will be able to remotely monitor other data points, which will then be compiled in a monthly statement form to be provided to our customers," explains David Bays, Vice President of Business Development for Venus Concept Ltd. "We feel this information will be invaluable to our customers in validating how well the system is working for them, and it will give us guidance on how we can help our customers make improvements through marketing initiatives, additional training, and other day-to-day operational decisions."

Our ACM Revenue Share Program will be available in the United States and Canada starting immediately, followed by European countries in late August, 2018. Remaining global countries in which Venus Concept operates will have access to the program in early 2019.

The original press release statement can be found here.

Interested in learning more about Venus Concept and our ACM Revenue Share Program? Contact us today by clicking on the speak to an expert button below.

July 28, 2026
TORONTO, July 28, 2026 (GLOBE NEWSWIRE) -- Venus Concept Inc. (“Venus Concept” or the “Company”), a global medical aesthetic technology leader, today announced it has entered into an exclusive distribution agreement with HIRONIC Co. Ltd. (“HIRONIC”), a KOSDAQ listed South Korean company specializing in medical aesthetic devices, pursuant to which the Company acquires the exclusive right to distribute HIRONIC’s Doublo 2.0 device in the United States and Canada. The “New Doublo 2.0” is a synergistic, multi-energy-based medical device platform for the face and body, equipped with two separate handpieces that enables clinics to offer customer Cold Plasma and RF microneedling treatments. The device has received 510(k) certification from the U.S. Food and Drug Administration, and the Company intends to make it available to customers in the United States during 2H 2026. Venus Concept will support future regulatory approval efforts in Canada for the device and any additional handpiece technologies for both regions. “HIRONIC is a global leader in developing innovative medical aesthetic technologies and we are excited for the new partnership, starting with the Doublo x Venus Signature Edition,” said Rajiv De Silva, Chief Executive Officer of Venus Concept. “With this device, we look forward to offering our customers an innovative, exclusive Cold Plasma and RF Microneedling platform. By combining these complementary technologies, the platform delivers synergistic effects from the epidermis to the dermis, enabling comprehensive skin rejuvenation by addressing multiple skin concerns and enhancing overall skin revitalization. The Doublo also complements our existing portfolio by enhancing the range of treatment modalities for a customizable treatment plan to address each patient’s skin needs. We aim to expand our partnership in the future to bring to our customers additional new and novel technologies from HIRONIC, once regulatory approvals have been obtained.” About Venus Concept Venus Concept is an innovative global medical aesthetic technology leader with a broad product portfolio of minimally invasive and non-invasive medical aesthetic and hair restoration technologies and reaches over 60 countries and 9 direct markets. Venus Concept's product portfolio consists of aesthetic device platforms, including Venus NOVA, Venus Versa, Venus Versa PRO, Venus Bliss, Venus Bliss MAX, Venus Viva, Venus Viva MD, Venus Legacy, Venus Velocity, Venus Epileve and AI.ME. Venus Concept's hair restoration systems include NeoGraft® and the ARTAS iX® Robotic Hair Restoration system. Venus Concept is backed by Madryn Asset Management, a leading healthcare investment firm that provides capital to innovative growth-stage healthcare companies offering unique and transformative products and technologies. Investor Relations Contact: Damian Yeung, CPA investorrelations@venus.ai View Full Article
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