Laser Industries receives FDA marketing clearance for ruby laser for treatment of tattoos and pigmented lesions; submits 510(k) application for hair removal.TEL TEL Telephone TEL Telegram TEL Telugu (langauge) TEL Terrorist Exclusion List TEL Technology-Enhanced Learning TEL Transporter-Erector-Launcher TEL Tetra-Ethyl Lead TEL Team Deutsche Telekom AVIV--(BUSINESS WIRE)--June 24, 1996--Laser Industries Ltd. (AMEX AMEX See: American Stock Exchange : LAS), a leader in medical laser applications, today announced that the US Food and Drug Administration has granted clearance for its EpiTouch ruby laser ruby laser Dermatology A high-speed laser used for hair removal and permanent hair reduction over large areas of the body. See Laser. to be marketed in the United States for the treatment of tattoos and pigmented lesions. The EpiTouch was unveiled last month at the Clinical Dermatology 2000 conference in Vancouver, Canada, and is currently being sold in Europe and the Pacific Rim. The company will introduce the EpiTouch to the US market at the American Academy of Dermatology The American Academy of Dermatology (AAD) is the largest organization of dermatologists in the world. The Academy grants Fellowships and Associate Memberships, as well as Fellowships for Nonresidents (of the United States of America or Canada). Summer Meeting, July 25-27, in Orlando, Florida. The company also announced that it has filed a 510(k) application with the 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. for clearance to market the EpiTouch in the US specifically for hair removal. Ongoing clinical studies show that hair removal through treatment with the EpiTouch is fast, relatively painless and causes fewer side effects than certain methods of long-term hair removal. Additional clinical studies are being conducted to document its long-term effectiveness. In December 1995 Laser Industries announced the formation of Sharplan 2000, a joint venture formed for the development and marketing of laser systems and services for hair removal applications. Sharplan 2000 was granted a license to the US patent covering the use of lasers for hair removal through a process of melanin melanin (mĕl`ənĭn), water-insoluble polymer of various compounds derived from the amino acid tyrosine. It is one of two pigments found in human skin and hair and adds brown to skin color; the other pigment is carotene, which contributes absorption. Laser Industries Ltd. is a leader in the design, development, manufacture and marketing of medical laser systems and accessories sold under the trade name "SHARPLAN." CONTACT: Laser Industries Ltd. Yacha Sutton, President and COO Hadar Solomon, Vice President +972-3-645-4545 or The Anne McBride Co. Anne S. McBride, 212/752-0504 |
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