Showing posts with label Botox. Show all posts
Showing posts with label Botox. Show all posts

Tuesday, March 12, 2019

Liposuction, breast augmentation and Botox use up in US


WASHINGTON -- The number of surgical or minimally invasive cosmetic procedures are up in the United States, but trends are changing towards scalpel-free techniques such as the use of Botox, according to figures out Monday.

There were more than 17.7 million such procedures in 2018, according to figures from the American Society of Plastic Surgeons (ASPS).

Long-term trends show that the number of cosmetic surgical operations are down -- a decrease of five percent from 2018 compared to 2000. There were around 1.8 million last year, 100,000 fewer than at the turn of the century.

Cosmetic nose, chin, ear, eyelids and forehead procedures have lost some popularity.

Liposuctions are also less popular, but remain much used (258,000 operations in 2018), and has seen a revival in recent years, with a five percent annual increase in each of the last two years.

Breast augmentations are still the most popular plastic surgery operation, with more than 300,000 each year and a four percent increase last year.

But in total there is almost ten times more minimally-invasive interventions than surgical operations: 15.9 million last year, a two percent growth over the previous year.

The most common procedure by far is an injection of the Botulinum toxin to hide wrinkles, with 7.4 million such procedures in 2018.

Also popular: soft tissue fillers like lip plumping with hyaluronic acid injections, with 2.68 million such procedures.

These figures are reported by the 8,000 certified physicians and members of the Society, and do not include data on complications or incidents related to these interventions. 

source: news.abs-cbn.com

Wednesday, April 6, 2016

Obama's inversion curbs kill Pfizer's $160-B Allergan deal


NEW YORK - U.S. drug maker Pfizer Inc agreed on Tuesday to terminate its $160 billion agreement to acquire Botox maker Allergan Plc, in a major victory to U.S. President Barack Obama's drive to stop tax-dodging corporate mergers.

The decision to end the biggest tax "inversion" ever attempted, which would have seen Pfizer slash its tax bill by redomiciling to Ireland where Allergan is registered, came a day after the U.S. Treasury unveiled new rules to curb inversions.

While these new rules did not name Pfizer and Allergan, one of their provisions targeted a specific feature of their merger; Allergan's previous history as a major acquirer of other companies. The subsequent demise of the deal allows Obama to claim a big win during his last year in office.

Earlier on Tuesday, Obama called global tax avoidance a "huge problem" and urged Congress to take action to stop U.S. companies from tax-avoiding corporate "inversions", which lower companies tax bills by redomiciling overseas.

"While the Treasury Department's actions will make it more difficult... to exploit this particular corporate inversions loophole, only Congress can close it for good," Obama said.

Pfizer and Allergan will announce the termination of their deal on Wednesday, a source familiar with the matter said, asking not to be identified ahead of any official statement. Pfizer and Allergan declined to comment.

Pfizer was concerned that any tweaks to salvage the inversion might have provoked new rules by the U.S. Treasury, and so was leaning earlier on Tuesday to end the deal, a source had earlier told Reuters.

Pfizer will have to pay Allergan up to $400 million for its expenses as a result of terminating the deal, according to their merger agreement.

Pfizer shares had ended trading in New York on Tuesday up 2 percent on hopes the company would walk away or renegotiate the deal in its favor. Allergan shares closed down 14.8 percent to their lowest level since October 2014.

Several U.S. presidential candidates, including Republican Donald Trump and Democrats Hillary Clinton and Bernie Sanders, have seized on the issue in their campaigns.

"We have so many companies leaving, it is disgraceful," Trump told reporters as he greeted voters in Waukesha, Wisconsin on Tuesday. Clinton and Sanders both expressed support for Treasury's plan.

Besides Pfizer-Allergan, other pending inversion deals that have not yet closed include the proposed $16.5 billion merger of Johnson Controls Inc with Ireland-based Tyco International Plc, Waste Connections Inc's $2.67 billion deal with Canada's Progressive Waste Solutions Ltd, and IHS Inc's $13 billion acquisition of London-based Markit Ltd.

In all these cases, the shares of the target companies fell only slightly. Johnson Controls and Tyco said they would respond after conducting a review of the new rules.

Waste Connections and Progressive Waste Solutions said they expected the rules would impact less than 3 percent of the combined adjusted free cash flow in their first year after the deal.

IHS and Markit said they believed the rules would not affect their adjusted effective tax rate guidance of a low to mid-twenties percentage range.

THREE-YEAR RULE

Under previous rules which still apply, Allergan shareholders needed to own at least 40 percent of the combined company for the two companies to enjoy the full tax benefits of an inversion, and more than 20 percent to have any inversion benefit at all.

But a new 'three-year-look-back rule' issued by the Treasury on Monday made this much harder for Allergan, and appeared to take aim directly at it because of how the company was put together.

The new rule does not allow stock accumulated through a foreign company's U.S. deals in the last three years to count towards the book value needed to meet the inversion threshold.

This weighed on Allergan heavily because of its significant deals in this timeframe. These include the $66 billion merger of Allergan and Actavis Plc, the $25 billion purchase of Forest Laboratories and the $5 billion takeover of Warner Chilcott.

"The serial acquisition portion of the regulations will cause Pfizer to be treated as an 'expatriated entity' (under the terms of its existing deal with Allergan)," Robert Willens, a corporate tax and accounting analyst, wrote in a note.

SHEDDING GENERICS

In a second change to the rules, the Treasury also said it would seek to limit a practice known as earnings stripping that is often undertaken following, but not limited to, an inversion. The new Treasury rules would restrict related-party debt for U.S. subsidiaries in dealings that do not finance new investment in the United States.

Without Allergan's new, fast-growing medicines, Pfizer may need to look for other companies with attractive products, such as U.S. drugmakers Biogen Inc, Regeneron Pharmaceuticals Inc and AbbVie Inc, said Raghuram Selvaraju, managing director of brokerage H.C. Wainwright.

Pfizer had planned to make a decision by 2016 whether to split off its hundreds of generic medicines, but delayed the decision until 2019 after announcing its merger with Allergan. Morningstar analyst Damien Conover had said the decision could be moved to late 2017 or 2018 if the deal with Allergan collapsed.

Pfizer, which announced the deal in November, had said its tax rate would drop to about 17 or 18 percent after the deal, from around 25 percent. That would have represented more than $1 billion in annual cost savings.

The deal's collapse is also a blow to the investment banks involved. Guggenheim Partners LLC, Goldman Sachs Group Inc, Centerview Partners Holdings LLC and Moelis & Co stood to share $94 million in fees advising Pfizer had the deal closed, while Allergan would have paid its advisors, JPMorgan Chase & Co and Morgan Stanley, $142 million in total, according to the latest estimates by Freeman & Co LLC.

Bankers may now get paid only 10 percent of these amounts, according to Freeman.

This is not the first time a tightening of the U.S. inversion rules have caused a merger to unravel. U.S. pharmaceutical company AbbVie abandoned its $55 billion takeover of Ireland-domiciled peer Shire Plc after the Obama administration cracked down on inversions in 2014. AbbVie had to pay Shire a $1.6 billion break-up fee.

source: www.abs-cbnnews.com

Wednesday, November 5, 2014

Why Kris allowed son Joshua to get Botox


MANILA -- Although Botox is usually given to older patients who want to get rid of signs of aging like wrinkles, actress-host Kris Aquino admitted on Wednesday that her eldest son Joshua got injections of the drug.

Botox is a drug commonly used cosmetically to remove wrinkles by temporarily paralyzing facial muscles.

But in the case of Aquino's 19-year-old son with veteran actor Philip Salvador, the Botox injections were for his armpits as this reportedly helps control excessive sweating.



"Oh my God, nagwo-work talaga 'yung Botox sa kili-kili kay Josh. It really stopped," Aquino told her guest co-hosts KC Concepcion and Karla Estrada on her morning show "Kris TV "aired on Wednesday.

According to the actress-host, it was her "The Buzz" co-host Toni Gonzaga who told her about this little-known effect of Botox.

"And it really helped Josh dati ang dami niyang sweat stains," Aquino said. "Now his kili-kilio is not pawis-pawis anymore."

According to celebrity dermatologist Dr. Vicki Belo, injecting Botox in the armpits can stop sweating and also whiten the area.




Botox of the armpit is a short procedure and only uses cream anesthesia for zero pain. The procedure takes one hour, while the effects of the procedure last for six months.

"The Botox stops the sweat glands from secreting the sweat by paralyzing temporarily the muscles around the sweat glands that causes the sweat glands to be squeeze and release the perspiration," Belo explained.

source: www.abs-cbnnews.com

Wednesday, April 25, 2012

Botox ingredient has limited effect on headaches: study

NEW YORK - The main ingredient in Botox may be modestly helpful for people with chronic migraines, a new report suggests, but the wrinkle treatment doesn't seem to offer much relief for those whose headaches are less frequent.

Patients who started out having headaches almost daily reported two fewer headaches per month when they were given injections of botulinum toxin A. They also had more side effects, including weak muscles and a stiff neck.

The medication is marketed under multiple brands, but NEW YORK - The main ingredient in Botox may be modestly helpful for people with chronic migraines, a new report suggests, but the wrinkle treatment doesn't seem to offer much relief for those whose headaches are less frequent.

Patients who started out having headaches almost daily reported two fewer headaches per month when they were given injections of botulinum toxin A. They also had more side effects, including weak muscles and a stiff neck.

The medication is marketed under multiple brands, but Allergan's Botox is the best known. Botox is used to treat a range of conditions, including migraines and excessive sweating.

"The effect these appear to be having on migraine headaches is small -- it only reduces headaches by a couple of days a month," said Dr. Jeffrey Jackson, the study's lead researcher, from the Medical College of Wisconsin in Milwaukee.

That's "really, really modest," he told Reuters Health.

Still, it's possible that some chronic migraine patients will benefit from injections much more than others, he said.

For their new analysis, he and his colleagues looked back at 27 studies in which more than 5,000 headache patients were randomly assigned to get botulinum toxin A injections in the head and neck or an injection of a drug-free placebo. The study was published on Tuesday in the Journal of the American Medical Association.

The initial trials varied widely in their use of the drug, with researchers injecting the medication into any of four to 58 spots, either at a single time or at three different times a few months apart.

Most trials allowed patients to use other headache medication in addition to the injections.

Study participants with chronic headaches or chronic migraines initially reported having 17 to 20 headaches per month, on average. Twelve weeks or more after getting botulinum toxin A injections, that had dropped by an average of two monthly headaches, compared to patients getting the placebo.

In people with fewer migraines to begin with -- six per month, on average -- the drug injections didn't seem to provide any change in headache frequency. The findings were consistent regardless of patients' age as well as the botulinum toxin A dose and injection strategy used.

Impact still significant

About half of study participants experienced side effects during the trials. People randomly assigned to receive the active drug injections were 25 percent more likely to report any type of side effect. Muscle weakness was nine times more common in those patients, and neck pain or stiffness was reported three to five times more often than in the placebo groups.

Botox is approved by the US Food and Drug Administration to treat chronic migraines -- but not for less-frequent "episodic" headaches, a spokesperson for Allergan noted.

Headache researcher Dr. Vincent Martin, from the University of Cincinnati, said doctors have known for years that Botox doesn't help people with less-frequent headaches -- and the new review "gives a more definitive conclusion" on that.

But given that Botox is the only FDA-approved treatment for chronic migraines -- the most disabling type of headache -- its effect in those patients is not insignificant, said Martin, who wasn't involved in the new study.

"It's a very important treatment for many people with chronic migraine -- not for everyone," he told Reuters Health.

The drug costs nearly $1,000 for the dose used in chronic migraine patients, and injections aren't typically covered by insurance, according to Jackson.

He said the study had no outside funding source and wasn't linked to any companies that make botulinum toxin A products.

Dr. Mitchell Brin, Allergan's Chief Scientific Officer for Botox, pointed out that previous studies have suggested people with chronic migraines who are prescribed the drug also tend to have shorter-lasting migraines on the days when they still have headaches.

The difference equaled about 40 fewer hours per month of pain, compared to patients given placebo injections, he said.

That's "quite meaningful," Brin told Reuters Health. "The impact on their lives is quite significant."

Martin agreed that doctors often take into account more than just headache frequency when they prescribe the injections.

"Just looking at headache days per month may not tell the whole story," he said.is the best known. Botox is used to treat a range of conditions, including migraines and excessive sweating.

"The effect these appear to be having on migraine headaches is small -- it only reduces headaches by a couple of days a month," said Dr. Jeffrey Jackson, the study's lead researcher, from the Medical College of Wisconsin in Milwaukee.

That's "really, really modest," he told Reuters Health.

Still, it's possible that some chronic migraine patients will benefit from injections much more than others, he said.

For their new analysis, he and his colleagues looked back at 27 studies in which more than 5,000 headache patients were randomly assigned to get botulinum toxin A injections in the head and neck or an injection of a drug-free placebo. The study was published on Tuesday in the Journal of the American Medical Association.

The initial trials varied widely in their use of the drug, with researchers injecting the medication into any of four to 58 spots, either at a single time or at three different times a few months apart.

Most trials allowed patients to use other headache medication in addition to the injections.

Study participants with chronic headaches or chronic migraines initially reported having 17 to 20 headaches per month, on average. Twelve weeks or more after getting botulinum toxin A injections, that had dropped by an average of two monthly headaches, compared to patients getting the placebo.

In people with fewer migraines to begin with -- six per month, on average -- the drug injections didn't seem to provide any change in headache frequency. The findings were consistent regardless of patients' age as well as the botulinum toxin A dose and injection strategy used.

Impact still significant

About half of study participants experienced side effects during the trials. People randomly assigned to receive the active drug injections were 25 percent more likely to report any type of side effect. Muscle weakness was nine times more common in those patients, and neck pain or stiffness was reported three to five times more often than in the placebo groups.

Botox is approved by the US Food and Drug Administration to treat chronic migraines -- but not for less-frequent "episodic" headaches, a spokesperson for Allergan noted.

Headache researcher Dr. Vincent Martin, from the University of Cincinnati, said doctors have known for years that Botox doesn't help people with less-frequent headaches -- and the new review "gives a more definitive conclusion" on that.

But given that Botox is the only FDA-approved treatment for chronic migraines -- the most disabling type of headache -- its effect in those patients is not insignificant, said Martin, who wasn't involved in the new study.

"It's a very important treatment for many people with chronic migraine -- not for everyone," he told Reuters Health.

The drug costs nearly $1,000 for the dose used in chronic migraine patients, and injections aren't typically covered by insurance, according to Jackson.

He said the study had no outside funding source and wasn't linked to any companies that make botulinum toxin A products.

Dr. Mitchell Brin, Allergan's Chief Scientific Officer for Botox, pointed out that previous studies have suggested people with chronic migraines who are prescribed the drug also tend to have shorter-lasting migraines on the days when they still have headaches.

The difference equaled about 40 fewer hours per month of pain, compared to patients given placebo injections, he said.

That's "quite meaningful," Brin told Reuters Health. "The impact on their lives is quite significant."

Martin agreed that doctors often take into account more than just headache frequency when they prescribe the injections.

"Just looking at headache days per month may not tell the whole story," he said.

source: interaksyon.com