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Profile: PhotoMedex Inc (PHMD.OQ)

PHMD.OQ on NASDAQ Stock Exchange Capital Market

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26 May 2017
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PhotoMedex, Inc., incorporated on December 28, 2010, is a global health products and services company providing integrated disease management and solutions to dermatologists, professional aestheticians and consumers. The Company provides products and services that address skin diseases and conditions, including acne and photo damage. It operates through three business segments: Consumer segment, Physician Recurring segment and Professional segment. It provides skin health solutions to spa markets, as well as traditional retail, online and infomercial outlets for home-use products. In addition, its professional product line includes offerings for acne clearance, skin tightening, psoriasis care and hair removal sold to physician clinics and spas. The Consumer segment is engaged in the designing, development, manufacturing and selling of long-term hair reduction and acne consumer products. The Physician Recurring segment is engaged in the sales of skincare products. The Professional segment is engaged in the sale of equipment, such as medical and esthetic light and heat based products.

The Company's platforms include Thermicon brand Heat Transfer Technology, LHE brand Technology and NEOVA. The Thermicon technology is a thermodynamic wire gently singes and burns off the hair above the skin’s surface. It conducts heat pulses, which enable longer-lasting hair removal. The LHE technology combines direct heat and a full-spectrum light source to give a treatment advantage for psoriasis and acne care, skin tightening, skin rejuvenation, wrinkle reduction, collagen renewal, vascular and pigmented lesion treatments, and hair removal. Using LHE, the Mistral intelligent phototherapy medical device can treat a larger spot size than a laser with less discomfort. The combination of Continuous Passive Motion (CPM) and Oscillation therapy is a non-invasive, relaxing method for long lasting relief of back pain. The NEOVA technology is a line of topical formulations is designed to prevent premature skin aging due to ultra violet (UV)-induced deoxyribonucleic acid (DNA) damage. The therapy seeks to repair photo-damaged skin using a combination of two key ingredients: DNA repair enzymes and its Copper Peptide Complex. The NEOVA line includes DNA Damage Control SILC SHEER SPF 45. Clear Touch is a LHE brand technology and a handheld consumer product sold for the treatment of nail fungus.

The Company's LHE brands includes Mistral, Kona, FSD, SpaTouch Elite and accessories. The Company's consumer marketing platform is built upon a direct-to-consumer sales engine and creative marketing programs. The Company's multi-channel marketing and distribution model consists of television, online, print and radio direct-response advertising, as well as high-end retailers. The Company's direct-to-consumer channel consists of sales generated through infomercials, commercials, Websites and call centers. The Company's retailers and home shopping channels enable it to provide additional points of contact to educate consumers about its solutions.

Company Address

PhotoMedex Inc

2300 Computer Rd Bldg G
WILLOW GROVE   PA   19090-1752
P: +1215.6193600
F: +1215.6193208

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