Aesthetic device company Syneron Medical Ltd. (Nasdaq: ELOS) announced today that it has received clearance from the US Food and Drug Administration (FDA) to market the me Home-Use Hair Removal System to consumers (OTC). This is the first home-use product featuring Syneron's proprietary elos technology to be cleared by the FDA. Syneron expects that its subsidiary, Syneron Beauty, will launch the me system in the US through retailers and directly to consumers during the first quarter of 2013.
The me system is the first FDA cleared consumer hair removal technology that is approved for all skin tones. The company said that the system's patented elos technology combines the power of Intense Pulse Light (IPL) and Radio Frequency (RF) energies, allowing it to achieve results with lower overall optical energy output and the highest level of safety and comfort. It is CE Marked, approved by Health Canada, and has been commercially available in several European markets since 2011.
Syneron Medical CEO Louis Scafuri said, "Gaining FDA clearance for the me home-use hair removal system is a significant milestone for Syneron. It represents the first home-use application of Syneron's proprietary elos technology in the US, where it is already broadly used in Syneron's professional aesthetic products by plastic surgeons, dermatologists and other professional providers."
Published by Globes [online], Israel business news - www.globes-online.com - on October 21, 2012
© Copyright of Globes Publisher Itonut (1983) Ltd. 2012