A Costa Rican company just went public and is set to disrupt an outdated breast implant industry (ESTA)
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- Costa Rica-based company Establishment Labs, the maker of Motiva breast implants, went public last week.
- It was the first IPO for the aesthetics sector in 2018, and the first breast aesthetics public offering in more than three years.
- The company is trying to disrupt an industry dominated by just three players: J&J, Allergan, and Sientra.
- The funding from the initial public offering will help the company advance through FDA clinical trials.
Breast augmentation surgeries are the most popular plastic surgery procedures in the world, but there has been little innovation in years.
A Costa-Rican company called Establishment Labs hopes to change that by bringing an updated breast implant into the US market.See the rest of the story at Business Insider
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