In Brief: Laser Industries
This article was originally published in The Gray Sheet
Executive Summary
Laser Industries: Acquisition of ruby laser technology firm Spectron Laser Systems Ltd. for $16 mil. in cash will boost production capacity for Tel Aviv, Israel-based Laser Industries' EpiTouch ruby laser system for hair removal, the firm states. FDA granted the EpiTouch 510(k) clearance for hair removal procedures on March 7 ("The Gray Sheet" March 17, In Brief). The buy also "expands Laser Industries' product base to include scientific and industrial systems," the company notes...