Candela receives Japanese approval for new product.WAYLAND, Mass.--(BUSINESS WIRE)--April 18, 1995--Candela Laser Corp. (CLZR) announced today that it has been granted approval from the Japanese Ministry of Health and Welfare The Ministry of Health and Welfare is a branch of the government of South Korea. External links
• • (MOH See modem on hold. ) to sell a new medical laser in Japan. This increases the total number of MOH cleared Candela candela (kăndĕ`lə), in weights and measures: see candle. A unit of measurement of the intensity of light. Part of the SI system of measurement, one candela (cd) is the monochromatic radiation of 540THz with a radiant intensity products to seven. The MOH plays a regulatory role similar to the U.S. Food and Drug Administration (FDA FDA abbr. Food and Drug Administration FDA, n.pr See Food and Drug Administration. FDA, n.pr the abbreviation for the Food and Drug Administration. ), and its guidelines are very rigorous and not easily met even by Japanese companies. The new product is the MDL-3000, the latest and most advanced model of Candela's LaserTripter for the urology market. This new product will help Candela maintain and improve its leadership position in the Japanese urology market. Gerard E. Puorro, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. stated, "The Ministry of Health approval is a significant milestone for Candela, in that Japan is our largest market outside the U.S.A. Candela generates over 50 percent of its revenue from foreign markets. This approval will allow us to maintain that leadership." Founded in 1970, Candela Laser Corp. is recognized worldwide as a market innovator and dominant force in dermatology, plastic surgery, urology and oncology. Candela equipment is installed in 39 countries on six continents. CONTACT: Candela Laser Corp. Richard J. Olsen, 508/358-7400, ext. 224 |
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