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SurgiLight Makes Second Agreement With Premier Laser

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ORLANDO, Fla., Dec. 4 -- SurgiLight, Inc. said it has executed a second agreement with Premier Laser Systems Inc. to acquire its remaining Er:YAG inventory (original cost of approximately $3,000,000), two additional ophthalmic laser products and the right to license or acquire additional patents. The purchase price is $350,000 in cash and $1,350,000 in common stock. Both the stock and cash payments are conditional on Premier's bankruptcy court approval and delivery of certain assets from Premier and will be paid in installments from December 2001 through May 2002. In addition, SurgiLight has...Read full article

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    Published: December 2001
    News & FeaturesLasers

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