Do-It-Yourself Dermatology
This article was originally published in Start Up
Executive Summary
As venture capitalists begin counting cosmetics and aesthetics companies as part of their portfolios, they're also migrating toward investing in consumer-oriented companies including those that make aesthetic devices to be used in the home.
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Brief summaries of recent product and company developments in the device industry, including a rift in the orthopedics industry following the DOJ settlement, new OTC aesthetics devices, and MannKind's prospects for partnering its inhaled insulin.
Light Dimensions Inc.
Might a $200 handheld skin rejuvenation device for home use and sold primarily through a 30-minute infomercial be the key to riches for investors? Light Dimensions' founders and backers hope so. A 2005 entrant into the booming home-use aesthetic device market, Light Dimensions has launched its first product, the LED-based RejuvaWand for minimizing visible signs of aging.