William Atkins
Sunday, 07 June 2009 02:41
Science -
Health
Page 2 of 2
The announcement by Palomar saw a large rise in the price of its company's shares.
At the close of business on Friday, June 5, 2009, the shares of Palomar had risen 52.6%, up to $16.73. [Statistics provided by the New York Times/Reuters: “
Over-the-Counter Sales for Laser Wrinkle Treatment”]
The wrinkle-removal-laser device was developed by Palomar and Johnson & Johnson Consumer Companies.
According to
Answers.com, the company, is described generally as the following:
“Palomar Medical Technologies' laser light show is more functional than flashy. Palomar makes laser and pulsed-light systems, along with related disposable products, for use in aesthetic procedures."
"The company's products include the EsteLux, StarLux, and MediLux systems. The systems, which are paired with a variety of handpieces, are used for skin resurfacing and acne treatments, hair removal, and treatment of leg veins, among other procedures."
"Additionally, Palomar's Q-YAG 5 laser removes tattoos and pigmented lesions. The firm markets its products through a direct sales force and distributors around the world.”
For additional information on the new laser-device, please read the MedicalNewsToday.com article “
Palomar Receives FDA Over-The-Counter Clearance For A Home Use Wrinkle Removal Laser Device.”