Strata Skin Sciences today announced it signed an exclusive distribution agreement with Mino Labs to commercialize its products in Mexico. Through the deal, Mino Labs will distribute Strata Skin Sciences’ TheraClear X, VTrac and XTrac in Mexico for three years. “We are excited to have entered into an exclusive sales agreement with MINO Labs,” Strata […]
Strata Skin Sciences
Strata Skin Sciences signs distribution deal in Israel
Strata Skin Sciences this week announced that it signed a distribution agreement with JuvenIL to supply Strata’s Xtrac excimer lasers in Israel. Israel-based JuvenIL makes dermatology and aesthetic technologies for medical centers across the country. The distribution deal will provide Strata Skin Sciences with a similar distribution network. “We believe that entering into the Israeli […]
Strata Skin Sciences to acquire acne treatment assets from Theravant
Strata Skin Sciences this week announced that it has acquired Theravant’s TheraClear acne treatment system for $1 million. Horsham, Pennsylvania-based Strata Skin Sciences makes products to treat dermatologic conditions, and the acquisition expands its offerings to the acne treatment market. “As we sought to expand and capitalize on our opportunities for medical device treatment of […]
MedTech 100 roundup: On the rise again
After a slight hiccup disrupted weeks of improvement, the medtech industry again flexed its muscles over the last seven days. MassDevice‘s MedTech 100 Index — which includes stocks of the world’s largest medical device companies — finished last week (Aug. 20) at 119.63 points, representing a 1.5% rise from the 117.92-point tally set a week prior. […]
Strata Skin Sciences buys Ra Medical’s Pharos dermatology business
Strata Skin Sciences (NSDQ:SSKN) announced that it acquired the Pharos dermatology business from Ra Medical (NYSE:RMED). Horsham, Pa.-based Strata can now market its full business solution to Ra Medical’s existing customer base comprised of 400 dermatology practices, offering opportunities to increase its recurring revenue base and a pathway to gain additional placements for its XTRAC […]
Strata Skin Sciences names new president and CEO
Strata Skin Sciences today said that it has appointed Robert Moccia as president and CEO, effective immediately. Moccia replaces former president Dolev Rafaeli, who stepped down as president and CEO on Feb. 28. “We are delighted to welcome Bob to the Strata team. He is a leader in the field of dermatology, and we are […]
Strata Skin Sciences wins FDA clearance for excimer laser platform
Strata Skin Sciences (NSDQ:SSKN) announced that it won FDA 510(k) clearance for its Xtrac Momentum excimer laser system for treating a number of skin diseases. The Xtrac laser is designed to deliver a highly targeted therapeutic beam of UVB light in the treatment of psoriasis, vitiligo, eczema, atopic dermatitis and leukoderma. It is made in three […]
Strata Skin Sciences inks Korea distribution deal
Strata Skin Sciences (NSDQ:SSKN) today announced a new Korean direct distribution deal with Kosmo Meditech for direct capital sales and direct recurring revenue sales in Korea. Kosmo Meditech has worked with Strata Skin Sciences for more than 13 years. The deal with help strengthen Strata’s Xtrac excimer laser value proposition in Korea and expand its installed […]
Strata Skin Sciences files motion for contempt against Ra Medical
Strata Skin Sciences (NSDQ:SSKN) has filed a motion for contempt against Ra Medical (NYSE:RMED) in an ongoing legal battle in which Ra Medical claims Strata and its board chair Uri Geiger made misleading and disparaging statements to financial partners in the time frame surrounding Ra Medical’s initial public offering. In their complaint, Horsham Township, Penn.-based Strata Skin Sciences […]
Ra Medical files trade libel, settlement breach suit against Strata Skin Sciences
Ra Medical (NYSE:RMED) said today they filed a suit against Strata Skin Sciences (NSDQ:SSKN) and its board chair Uri Geiger claiming that the parties “undertook a campaign of false, misleading and disparaging statements” to the company’s financial partners before, during and after its initial public offering. The Carlsbad, Calif.-based company said that it filed the complaint in […]
Strata Skin Sciences adds license for excimer laser vitiligo treatment
Strata Skin Sciences (NSDQ:SSKN) said it has reached an agreement with an “internationally acclaimed health institution” giving Strata an exclusive license to treat vitiligo using its Xtrac excimer laser. In a novel treatment for vitiligo, the excimer laser incrementally increases the light emitted in the UVB range to restore pigmentation to skin areas affected with […]