Laserscope Receives FDA Clearance for Skin Resurfacing, Treatment of Wrinkles and Warts, and Scar Revision.SAN JOSE, Calif.--(BW HealthWire)--March 5, 1997--Laserscope (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :LSCP LScP left scapuloposterior (position of fetus). ) today announced that it has received clearance from the U.S. Food and Drug Administration to market its ParaScan Scanning Device and CBH-1 Collimated Beam Handpiece with the Pulsar CO2 Laser System for laser skin resurfacing Skin Resurfacing Definition Skin resurfacing employs a variety of techniques to change the surface texture and appearance of the skin. Common skin resurfacing techniques include chemical peels, dermabrasion, and laser resurfacing. , laser resurfacing laser resurfacing Cosmetic dermatology The use of CO2 lasers and, more recently, lower temperature erbium lasers, to bloodlessly eliminate wrinkles and sun damage by vaporizing the epidermis, stimulating the dermis to produce collagen and rejuvenate the , laserbrasion, the treatment of wrinkles and warts, and scar revision. "These new marketing clearances," said Robert V. McCormick, Laserscope president and chief executive officer, "move Laserscope into a unique position in the dermatology and aesthetic surgery aesthetic surgery n. Plastic or cosmetic surgery. marketplaces." "To the best of our knowledge," he said, "Laserscope is the first and only company whose product portfolio has received specific 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. clearance for skin resurfacing and the treatment of surface leg veins. This makes Laserscope a virtual one-stop shop for physicians performing aesthetic and cosmetic laser procedures." "The company has made steady inroads inroads Noun, pl make inroads into to start affecting or reducing: my gambling has made great inroads into my savings inroads npl to make inroads into [+ into the aesthetic marketplace over the past 18 months," said McCormick. "The Aura Laser System, which was introduced in late 1995, we believe is now the industry's leading product for treating surface leg veins, a very simple, quick procedure with wide consumer appeal. The new clearances just granted by the FDA should now provide us with additional marketing leverage in the application of our CO2 technology to laser skin resurfacing and the treatment of wrinkles, equally popular aesthetic procedures." Laserscope's Pulsar CO2 Laser System is the name given to the Paragon Laser System obtained in the company's acquisition of Heraeus Surgical Inc. in August 1996. FDA clearances for the ParaScan and the CBH-1 products with the Pulsar CO2 Laser System include all soft tissue indications previously obtained by Heraeus Surgical. Additional indications now FDA-cleared include laser skin resurfacing; laser resurfacing; laserbrasion; the treatment of wrinkles/rhytides; solar/actinic elastosis; keratoses; lentigos; scar revision; warts; periorbital syringomas; epidermal Epidermal Referring to the thin outermost layer of the skin, itself made up of several layers, that covers and protects the underlying dermis (skin). Mentioned in: Antiangiogenic Therapy, Histiocytosis X epidermal nevi Nevus (plural, nevi) The medical term for any anomaly of the skin that is present at birth, including moles and birthmarks. Mentioned in: Malignant Melanoma, Moles nevi plural form of nevus. ; rhinophyma; xanthelasma; actinic cheilitis and debulking benign tumors. Laserscope designs, manufactures, sells and services an advanced line of medical laser systems and related energy delivery devices for the office, outpatient surgical center and hospital markets. In addition, Laserscope's Ascent Medical Systems(TM)(AMS AMS - Andrew Message System ) group provides innovative, custom equipment solutions for surgical and patient care. Laserscope's AMS family of products includes O.R. and treatment room lights, ceiling-mounted equipment organizers, video systems, operating room tables and centralized smoke evacuation systems. Except for the historical information presented, the matters discussed in this announcement contain forward-looking statements that involve risk and uncertainties, including the timely development and market acceptance of new products and procedures, the impact of competitive products and technologies, as well as other risks detailed from time-to-time in the company's public disclosure filings with the U.S. Securities and Exchange Commission (SEC). Copies of the most recent Forms 10K and 10Q are available from Laserscope's Investor Relations Department. CONTACT: Laserscope, San Jose Richard Wood, 408/943-0636 (IR/Media) Dennis LaLumandiere, 408/943-0636 (Financial) or Halsted Communications John Lockhart, 800/600-7111 ext. 224 |
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