Ilooda, a Kosdaq-listed medical device company specializing in skin aesthetics, said Thursday that it has obtained approval in Russia for its skin-tightening device, Hyzer Me.

Hyzer Me is a medical device that applies high-intensity focused ultrasound (HIFU) for skin-tightening, equipped with an ultra-lightweight dual handpiece that can be used simultaneously.

In particular, Hyzer Me is recognized for fast treatment speeds by applying linear motors as its main technology, increasing user and patient satisfaction, the company said.

Ilooda said Hyzer Me has already entered major overseas markets such as the U.S., Europe, and Saudi Arabia, proving its reliability and product completeness.

With this approval, the company can enter the Russian market, which is highly dependent on medical device imports, raising expectations for expanding sales.

Following strong sales of its flagship product line, Secret Family, in North America last year, which exceeded 6,000 units cumulatively, Ilooda plans to gradually expand the market for Hyzer Me to achieve greater sales growth.

"With the acquisition of the Russian approval, we expect to generate significant revenue based on the growth trend of the Russian skincare market," an Ilooda official said. "In particular, Hyzer Me will play an important role in establishing Ilooda as a global medical device company as it can generate additional revenue due to the continuous demand for replacement of consumables such as cartridges."