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PhotoMedex Sues Edwards and Baxter for $4 Million

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CARLSBAD, Calif., Jan. 29 -- PhotoMedex Inc. announced today it has filed a lawsuit against Irvine, Calif.-based Edwards Lifesciences Corp. and its former parent company, Baxter Healthcare Corp., in the Superior Court of the State of California for Orange County. PhotoMedex is seeking $4 million plus costs and interest in the lawsuit, in which it alleges Edwards breached a series of agreements between the companies for a project to develop and commercialize PhotoMedex's patented excimer laser technology to treat heart-related diseases. The lawsuit also alleges that Edwards improperly granted...Read full article

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    Published: January 2004
    Glossary
    excimer laser
    An excimer laser is a type of ultraviolet laser that emits short pulses of light in the ultraviolet spectrum. The term excimer is derived from excited dimer, reflecting the nature of the gain medium used in these lasers. Excimer lasers are widely used in various industrial, medical, and scientific applications due to their ability to deliver high-energy, UV light in short pulses. Key features and characteristics of excimer lasers include: Excimer molecules: The gain medium of an excimer...
    Baxter Healthcarecardiovascular diseaseEdwards Lifesciencesexcimer laserfiber opticsNews & FeaturesPhotoMedexLasers

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