Palomar Successful in U.S. Patent Office Re-Examination of Second Hair Remo... (ready been licensed to ten competitors a...)

Palomar Successful in U.S. Patent Office Re-Examination of Second Hair Removal Patent

Date:8/18/2009

ready been licensed to ten competitors and is also the subject of a patent infringement lawsuit against Tria Beauty, Inc.

Chief Executive Officer Joseph P. Caruso commented, "We are again very pleased with this result from the U.S. Patent Office. This patent family is strong as is evidenced by the number of our current licensees; as well as the fact that companies are now coming to us for licenses prior to entering the hair removal market."

Mr. Caruso continued, "As I have said in the past, Palomar exclusively licensed the '844 and '568 patents from Massachusetts General Hospital in 1995. Palomar was the first company to receive FDA clearance and bring a high powered light-based hair removal system to market. Palomar was later the first company to receive FDA clearance for permanent hair reduction and the first company to receive over the counter clearance from the FDA for a hair removal device. After establishing light-based hair removal as a viable treatment option, many competitors began to use our technology. Several properly took licenses while others opted not to at their own risk. Unauthorized taking of technology is what the patent system is designed to prevent. We intend to continue our aggressive patent enforcement strategy both to protect our own investment in research and market development as well as the investment of our competitor licensees."

Patricia Davis, Palomar's General Counsel and a registered patent attorney, commented, "Again we are pleased but not surprised by the U.S. Patent Office's position which supports our belief in the strength of both the '568 patent and the patent family as a whole. If Palomar prevails at trial, Candela and Syneron may be ordered to pay significant amounts in damages for past sales and ordered to stop selling infringing products. Palomar also alleges that Candela's and Syneron's activities constitute willful infringement. If Palomar prevails on such c
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SOURCE Palomar Medical Technologies, Inc.
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Related medicine news :

1. Palomar Medical Reports Financial Results for Second Quarter 2009
2. Palomar Medical Technologies To Host Second Quarter 2009 Financial Results Conference Call and Webcast on July 30, 2009
3. Palomar Successful in U.S. Patent Office Re-Examination of Hair Removal Patent
4. Palomar Receives FDA Over-The-Counter Clearance for a Home Use Wrinkle Removal Laser Device
5. Palomar Wins Two European Hair Removal Patent Opposition Hearings
6. Palomar Pomerado Health System Achieves National Recognition for Nursing Excellence by the American Nurses Credentialing Center
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8. 23andMe and Palomar Pomerado Health Partner to Give PPH Members Access to Their Genetic Information
9. Palomar Medical Technologies to Host First Quarter 2009 Financial Results Conference Call and Webcast on April 30, 2009
10. Palomar Medical to Debut New Devices and a More Powerful Platform at the American Academy of Dermatology Annual Meeting
11. Palomar Medical Reports Financial Results for Fourth Quarter and Fiscal Year 2008

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