SkinHealth Systems Shares Rise After FDA Approves Microneedling Device
By Grace Yoon
Shares of SkinHealth Systems rose as the medical aesthetics company said it received new FDA clearance for its SkinStylus microneedling device.
The stock was up 39% to $1.05 in recent trading, but fell 26% since the start of the year.
Chief Innovation Officer Whitney Cypes said the approval better positions the company to compete within a growing microneedling industry.
The company said in 2025 that consumer spend on microneedling in U.S. aesthetic practices rose 33%.
The device will improve the appearance of periorbital wrinkles, facial acne scars and surgical or traumatic hypertrophic scars on the abdomen, SkinHealth said.
Write to Grace Yoon at grace.yoon@wsj.com
(END) Dow Jones Newswires
July 07, 2026 10:36 ET (14:36 GMT)
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