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Excelitas Technologies Corp. - X-Cite Vitae LB 11/24

Skin-Care Companies Settle Patent Suit

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DUBLIN, Calif., and WESTFORD, Mass., Dec. 18, 2013 — Light-based, at-home consumer skin-care products maker Tria Beauty Inc. of Dublin and Cynosure Inc. of Westford, a developer of laser- and light-based aesthetic systems used by medical practitioners, have settled their patent infringement case, the companies announced this week. The suit was between Tria and Palomar Medical Technologies, which Cynosure acquired in June. Under the agreement, Cynosure will receive $10 million plus future royalties and a nonexclusive royalty-free license to certain Tria patents outside the consumer market. Under two separate patent license...Read full article

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    Published: December 2013
    aestheticAmericasBiophotonicsBusinessConsumerCynosureKevin AppelbaumlawsuitlitigationMichael DavinPalomar Medicalpatent fightskin careTriaLasers

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