LUMENIS GETS JAPANESE GOVERNMENT IMPORT APPROVAL.Lumenis Ltd, formerly ESC See escape character and escape key. See also ESC/P. ESC - escape Medical Systems Ltd. (Nasdaq: LUME LUME Light Utilization More Efficient ), Yokneam, Israel, has received import approval from the Japanese Ministry of Health, Labour and Welfare for importing its IPL (Initial Program Load) Same as boot. 1. IPL - Information Processing Language. 2. IPL - Internet Public Library. 3. IPL - Initial Program Load. 4. IPL - Initial Program Loader. systems into Japan. This approval, together with the approval received last quarter for the Nd:YAG laser of the VascuLight system significantly expands the market potential for Lumenis' aesthetic systems into the Japanese medical channel. "This approval is a major milestone in our penetration of the aesthetic medical market in Japan," said Yacha Sutton, 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. . "We have already found a significant market for our hair removal products among Japanese patients and customers in the non-medical channel. We will now be able to promote the entire range of IPL aesthetic products to the Japanese medical channel". "Despite the recessionary environment there for the past few years, Japan is one of our fastest growing and profitable markets," Sutton continued. "This approval enables us to effectively sell our highest margin products into our highest margin geographic market." Alon Maor, executive vice president, Aesthetic Business Unit, and, until recently, CEO of ESC's Asia operations commented, "The import approval opens several marketing vistas and opportunities for us in Japan especially in the growing market segments of the in-office and hospital medical communities. This includes, among others, phlebologists, vascular surgeons, dermatologists, cosmetic surgeons, gynecologists, and plastic surgeons. With the completion of the Coherent Medical Group acquisition at the end of April, and the successful merging of both companies' Japan operations, we are witnessing significant cross-selling benefits of our 33-strong sales force. We are also able to sell IPL systems to existing LightSheer customers, hospitals, and other physicians interested in expanding their aesthetic practices." Lumenis Ltd, formerly ESC Medical Systems Ltd, develops manufactures and markets state-of-the-art proprietary laser and intense pulsed light Intense Pulsed Light (IPL), as most commonly employed by non-specialist medical practitioners and beauticians, is a method of hair removal from the body involving the use of a specially constructed xenon flash lamp and focusing optics. devices. Its systems are used in a variety of aesthetic, surgical and ophthalmic applications, including hair removal, non-invasive treatment of vascular lesions and pigmented lesions, acne, ENT ENT ears, nose, and throat (otorhinolaryngology). ENT abbr. ear, nose, and throat ENT ear, nose and throat. ENT Ears, nose & throat; formally, otorhinolaryngology , gynecology, urinary lithotripsy, benign prostatic hyperplasia benign prostatic hyperplasia n. Abbr. BPH A nonmalignant enlargement of the prostate gland commonly occurring in men after the age of 50, and sometimes leading to compression of the urethra and obstruction of the flow of urine. , open angle glaucoma, secondary cataracts, age-related macular degeneration Age-related macular degeneration (ARMD) Degeneration of the macula (the central part of the retina where the rods and cones are most dense) that leads to loss of central vision in people over 60. , and refractive eye correction, as well as neurosurgery. For more information, call 1-800-209-1671 or 212-704-8243 or visit http://www.lumenis.com and http://www.escmed.com. |
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