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Lumenis, Alma Settle Patent Suit

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YOKNEAM, Israel, Dec. 1, 2010 — Medical laser company Lumenis Ltd. and Alma Lasers Ltd., a laser, light-based, radiofrequency and ultrasound devices provider, announced their patent suit settlement that was pending in US District Court in Chicago. Under the agreement, Lumenis has granted Alma a license to its complete patent portfolio for use with respect to all of Alma’s products in the aesthetic field. Alma will pay Lumenis $6.5 million for the license. The settlement does not include the lawsuits currently pending in the Israeli courts against Alma Ltd. and its founders for misappropriation of trade...Read full article

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    Published: December 2010
    Glossary
    medical lasers
    Medical lasers are devices that produce intense beams of light with specific characteristics and properties, which are used for various medical applications. These lasers emit light in the form of coherent and focused beams, allowing precise control over the energy delivered to tissues. The term "laser" stands for "light amplification by stimulated emission of radiation." In the medical field, lasers are employed for diagnostic, therapeutic, and surgical purposes. Their applications...
    aestheticsagreementALMAAlma LasersAlma Lasers Ltd.Alma Ltd.AmericasAsia-PacificBiophotonicsBusinessChicagoIsraellawsuitlicenseLicensing Agreementlight-basedLumenisLumenis Ltd.medical lasersmisappropriationPatent Portfoliopatent settlementpatent suitradiofrequencyultrasoundultrasound devicesUS District CourtLasers

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