Profile: PhotoMedex Inc (PHMD.OQ)
19 Dec 2013
PhotoMedex, Inc. (PhotoMedex) incorporated in 2010, is a Global Skin Health Solutions company that provides integrated disease management and aesthetic solutions to dermatologists, professional aestheticians and consumers. The Company provides products and services that address skin diseases and conditions including psoriasis, vitiligo, acne, actinic keratosis (a precursor to certain types of skin cancer) and photo damage. PhotoMedex has added a range of home-use devices under the no!no! brand, for various indications including hair removal, acne treatment and skin rejuvenation. The Company also offers a product line for acne clearance, skin tightening, psoriasis care and hair removal sold to physician clinics and spas. The Company operates in three business segments: Consumer segment, Physician Recurring segment and Professional segment. On December 13, 2011, PhotoMedex Inc. merged with Radiancy, Inc. In July 2013, PhotoMedex Inc announced that Radiancy, Inc. acquired LK Technology Importacao E Exportacao LTDA (LK).
The Company provides dermatologists, professional aestheticians, and consumers with the equipment and skin cares products they need to treat psoriasis, vitiligo, acne, and UV damage, among other skin conditions. As of December 31, 2011, the Company’s no!no! products are sold at roughly 5,000 retail outlets across 55 countries, through infomercials and print, radio other television advertising worldwide, online, on home shopping channels and at stores and kiosks that the Company owns.
The Company engages in the development, manufacture and sale of surgical products, including free-beam and contacts Laser Systems for surgery. The Company introduced Contact Laser surgery by combining Contact Laser Delivery Systems with an Nd:YAG laser unit to create a multi-specialty surgical instrument that can cut, coagulate or vaporize tissue. The Company's Contact Laser Delivery Systems can be used with any wavelength of laser between 532nm and 1064nm, including the KTP laser (532nm), diode laser (various wavelengths) and Nd:YAG laser (1064nm). The Company markets products under the trade name PhotoMedex Surgical Products.
147 Keystone Drive
MONTGOMERYVILLE PA 18936