COLORADO SPRINGS, Colo., Feb. 11 -- The Spectranetics Corp. said it intends to place 30-50 new lasers this year in order to strengthen its market position before the FDA approves peripheral atherectomy in the legs, which it expects to receive in 2003. Joseph A. Largey, president and chief executive officer of Spectranetics, said, "Spectranetics successfully implemented a financial turnaround in 2001, achieving profitability and positive cash flow. In 2002, making our lasers available to the medical community is critical. We are targeting high-volume medical facilities that can use our laser...Read full articleRelated content from Photonics MediaArticlesIn-Place Machining Company Acquires East Coast MetrologyIn-Place Machining (IPM), a provider of measurement and alignment services, has acquired East Coast Metrology (ECM), a contract measurement company. 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