Palomar’s Patent Infringement Lawsuits Reopened
January 7, 2010 (FinancialWire) — Palomar Medical Technologies, Inc. (NASDAQ: PMTI), a leading researcher and developer of light-based systems for cosmetic treatments, said that its patent infringement lawsuits against Candela Corp. and Syneron, Inc. have been re-started.
Palomar’s lawsuits against Candela and Syneron were stayed by the Court pending the outcome of the reexaminations of the patents in question. Following the successful conclusion of both reexaminations, Palomar requested that the Court re-start both lawsuits. The Court has now granted both of those requests.
Patricia Davis, Palomar’s General Counsel and a registered patent attorney, commented, “The next step in both cases is to meet with the Court and set a schedule.”
Palomar is a leading researcher and developer of light-based systems for cosmetic treatments.
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