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Latest problem at Lumenis: missed sales target

This article was originally published in Clinica

Executive Summary

Lumenis, the Yokneam, Israel-based laser device specialist, saw a sharp drop in its share price after fourth-quarter sales missed the company's targets. The bad news only added to the woes of Lumenis, which is embroiled in legal battles with shareholders, former executives and rivals (see Clinica No 1032, p 19).

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