Laser therapy deal boosts SLI

Semiconductor Laser International (SLI; Binghamton, NY) and Orthogenesis System (Buffalo, NY) will codevelop low-level laser systems for medical use. The systems will include laser-therapy units to be used in a noninvasive medical treatment based on biostimulation; areas of application include easing arthritis and chronic pain, as well as accelerating wound healing. If development pans out, the systems may even be used by veterinarians. The two firms each have a 50% stake in a joint venture called Orthogenesis Technologies, with SLI granted an exclusive license to manufacture the systems for the term of the venture.