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November 15, 2005
By: TOM BRANNA
Editor
Palomar Medical Technologies Inc. an- nounced that the company has entered the next phase of its pact with Gillette Co. to develop and commercialize a home-use, light-based hair removal device for women and that Gillette would boost its funding for the project. Palomar was set to receive $7 million in development funding from Gillette under the original agreement. The company said it would receive an extra $2.1 million from Gillette in funding during a nine-month extension of the development ph...
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