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BHC Stock Up as Solta Acquires Shibo's Aesthetics Distribution Business

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Key Takeaways

  • Bausch Health shares rose after Solta Medical acquired Wuhan Shibo Zhenmei.
  • The deal gives Solta full control of its China distribution for devices like Thermage FLX.
  • The acquisition aims to boost Solta's regional revenues, market position and efficiency.

Shares of Bausch Health, Inc. (BHC - Free Report) have gained 11% after the company announced the acquisition of Wuhan Shibo Zhenmei Technology Co., Ltd.

Bausch Health’s aesthetics business, Solta Medical, acquired Wuhan Shibo Zhenmei Technology, consisting of the Shibo group’s aesthetics distribution business.

Shibo Group has been Solta Medical’s distribution partner in China over the past decade.

The financial terms of the acquisition were not disclosed.

More on BHC Solta’s Acquisition of Shibo Group

Wuhan Shibo Zhenmei Technology became a wholly owned subsidiary of Solta Medical in China, effective Dec. 1, 2025.

Wuhan now assumes full responsibility for the distribution of Solta Medical’s products, including Thermage FLX, as well as other aesthetic devices in the Chinese market.The Thermage system is a non-invasive radiofrequency (RF) treatment that can smooth, tighten and contour skin for an overall younger-looking appearance.

China is one of the fastest-growing global aesthetics markets. Hence, the acquisition positions Solta Medical to better address increasing market demand for aesthetic treatments through localized solutions and proven technologies.

It will also accelerate Solta Medical’s revenue trajectory in the region while improving market positioning and operational efficiency.

BHC’s Recent Performance Impressive

Bausch Health reported better-than-expected results for the third quarter of 2025, driven by Salix and Solta businesses.

BHC’s shares have lost 12.5% year to date against the industry’s growth of 23.7%.

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Solta Medical reported revenues of $140 million, up 25% year over year, driven by growth in each geography. Revenues were up 24% organically, primarily driven by strong growth in Asia Pacific markets.

Bausch acquired DURECT Corporation, strengthening its R&D growth platform, complementing its existing hepatology pipeline, and expanding the reach of its diverse portfolio across therapeutic areas and geographies. The acquisition includes larsucosterol, a novel therapeutic molecule that can harness the power of epigenetic modulation.

However, the colossal debt continues to weigh on the stock. As of Sept. 30, 2025, the company’s long-term debt obligations amounted to $21 billion and cash balance totaled $1.3 billion.

BHC's Zacks Rank and Stocks to Consider

Bausch currently carries a Zacks Rank #3 (Hold).

Some better-ranked stocks in the biotech sector are CorMedix (CRMD - Free Report) , Amicus Therapeutics (FOLD - Free Report) and ANI Pharmaceuticals (ANIP - Free Report) , each sporting a Zacks Rank #1 (Strong Buy) at present. You can see the complete list of today’sZacks #1 Rank stocks here.

In the past 60 days, estimates for CorMedix’s 2025 earnings per share (EPS) have increased from $1.83 to $2.87. EPS estimates for 2026 have moved up from $2.48 to $2.88 during the same period. CRMD stock has surged 20.8% year to date.
CorMedix’s earnings beat estimates in each of the trailing four quarters, with an average surprise of 27.04%.

In the past 60 days, estimates for Amicus Therapeutics’ 2025 EPS have increased to 34 cents from 31 cents. During the same time, EPS estimates for 2026 have decreased to 67 cents from 69 cents. Year to date, shares of FOLD have gained 4.1%.

In the past 60 days, estimates for ANI Pharmaceuticals’ EPS have increased from $7.28 to $7.29 for 2025. During the same time, EPS estimates for 2026 have increased from $7.78 to $7.81. Year to date, shares of ANIP have surged 52.8%.

ANI Pharmaceuticals' earnings beat estimates in each of the trailing four quarters, the average surprise being 21.24%.

 

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