Biotech Values

[DewDiligence]

PMTI: I had no idea just how busy (and lucrative) the laser wrinkle removal market had become until my wife came back from her OB/GYN visit and told me that the wrinkle removal patients outnumbered the OB patients in the waiting room 2:1.

LOL—not surprising.

Anyone care to educate me as to the mechanism for wrinkle removal that these lasers provide?

The laser energy causes sufficient damage to the underlying dermal tissues to induce the body to generate collagen during the repair process. However, the heyday for these kinds of laser treatments are likely gone insofar as one can obtain better results with less risk from injectable fillers such as Restylane and Radiesse.

I find it notable that PMTI’s PR from last week was not jointly issued by JNJ, which tells me JNJ does not consider the 510(k) approval of this laser a big deal. Moreover, since PMTI and JNJ inked their partnership a few years ago, JNJ entered the injectable-filler market via the acquisition of Mentor.