MELA Sciences acquires PhotoMedex's dermatology laser and light businesses

July 3, 2015
MELA Sciences has acquired the dermatology laser and light businesses from PhotoMedex for $42.5 million in cash.

MELA Sciences (Irvington, NY) has acquired the XTRAC and VTRAC dermatology laser and light businesses from PhotoMedex (Horsham, PA) for $42.5 million in cash. The two businesses generated $30.6 million in revenues in 2014.

XTRAC is an ultraviolet (UV) light excimer laser system that treats psoriasis, vitiligo, and other skin diseases, while the VTRAC excimer lamp system provides targeted therapeutic efficacy demonstrated by excimer technology.

As of March 31, 2015, there were 640 installed XTRAC systems in the U.S., up from 527 at the end of March 2014. In 2014, over 300,000 XTRAC laser treatments were performed on approximately 19,000 patients in the U.S.

For more information, please visit www.melasciences.com.

About the Author

BioOptics World Editors

We edited the content of this article, which was contributed by outside sources, to fit our style and substance requirements. (Editor’s Note: BioOptics World has folded as a brand and is now part of Laser Focus World, effective in 2022.)

Sponsored Recommendations

Next generation tunable infrared lasers

Nov. 28, 2023
Discussion of more powerful and stable quantum cascade tunable infrared lasers, applications, and test results.

What AI demands mean for data centers

Nov. 28, 2023
The 2023 Photonics-Enabled Cloud Computing Summit assembled by Optica took an aggressive approach to calling out the limitations of today’s current technologies.

SLP feature for lighting control available on cameras offering

Nov. 28, 2023
A proprietary structured light projector (SLP) feature is now available on the company’s camera series, including the ace 2, boost R, ace U, and ace L.

Chroma Customer Spotlight - Dr. David Warshaw, About his Lab

Nov. 27, 2023
David Warshaw, Professor and Chair of Molecular Physiology and Biophysics at the University of Vermont (UVM), walks us through his lab. Learn about his lab’s work with the protein...

Voice your opinion!

To join the conversation, and become an exclusive member of Laser Focus World, create an account today!