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November 14, 2005
By: TOM BRANNA
Editor
Gillette executives don’t mind a little com- petition—even when the competition may come from within. Last month, Gillette said it would invest up to $7 million with Palomar Medical Tech- nologies Inc. to develop an at-home laser hair removal device for women. Gillette plans to invest up to $7 million during the next 30 months to develop the device, which would be an at-home version of a costly hair removal machine that can only be used at a doctor’s office. The current agreement only involves ...
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