Word: lightness
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...this environment, Vasella had something to prove. His family ties to Moret had provoked dark mutterings of nepotism, especially in light of his rapid rise. But that was unfair, says SG Cowen analyst Peter Laing. "To anyone who followed the company at the time, Dan was the live wire. He had the most international outlook, and there really wasn't anyone at Ciba to challenge...
Taken together, the roster of cars—and other modes of transport—employed by Harvard professors sheds a bit of light on the Faculty’s distinctive character: part snooty and part down-to-earth, part self-conscious and part green-conscious. None of those attributes, it turns out, are mutually exclusive...
...estimated $24 billion that Americans spend to rejuvenate their faces and remove unwanted hair. Seeing synergies with its Neutrogena brand, J&J jumped into self-dermatology in 2004, signing an exploratory multiyear licensing deal with the $120 million company Palomar Medical Technologies to develop, test and commercialize light-based aesthetic devices that can treat wrinkles, cellulite and acne. "We have the potential to penetrate a good part of that market," says Palomar's chief financial officer, Paul Weiner--but so far no commercial product...
...product got FDA over-the-counter clearance. Days later, P&G also signed a joint agreement to develop and distribute home-use antiaging devices with Syneron Medical Ltd., a $150 million medical-device maker in Yokneam, Israel, known for its patented "elos" technology, which combines bipolar radio frequency and light sources to combat the signs of aging. "P&G clearly views the consumer segment of aesthetics as a big market," says Jose Haresco, a senior analyst for Merriman Curhan Ford & Co. in San Francisco. "It's not taking a small bet here." Expect to be able to buy some...
...based acne fighter, launched last February. "You tell me what that means," he says with a laugh, declining to mention the companies involved. Or consider the experience of Maha Sherif, president and CEO of Ageless Beauty, a beauty company based in Valencia, Calif., that markets Marvel-Minis, three separate light-based devices that are claimed to tackle acne (blue light), wrinkles (red) and sun spots (green). The brush-shaped tools ($225 each), which have not yet gotten the FDA's nod, went on sale at Nordstrom in April. "We ran out of stock in the first 30 days," boasts Sherif...