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Palomar and P&G Enter New License Agreement

Researcher and developer of light-based systems for cosmetic treatment Palomar Medical Technologies, Inc. has entered into a non-exclusive license agreement with Procter & Gamble (P&G) regarding home-use light-based hair removal devices for women.

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By: TOM BRANNA

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Researcher and developer of light-based systems for cosmetic treatment Palomar Medical Technologies, Inc. has entered into a non-exclusive license agreement with Procter & Gamble (P&G) regarding home-use light-based hair removal devices for women. This new agreement replaces the development and license agreement entered into by Palomar and The Gillette Company, a wholly-owned subsidiary of P&G, on Feb. 14, 2003, as amended and restated on Feb. 14, 2007. Under this new agreemen...

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