Challenging Time for Artas & Neograft

Venus Concept Inc., a technology company specializing in minimally invasive and non-invasive medical aesthetic and hair restoration technologies, recorded a net loss of $40.6 million for the fiscal year 2019, compared to loss of $15.0 million in 2018. Venus Concept acquired the ARTAS Robotic Hair Restoration Systems in November 2019. The company’s portfolio also includes NeoGraft, an automated hair restoration system that facilitates the harvesting of follicles during a FUE process.

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