Word: thermaclear
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Dates: during 2007-2007
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...fillers, this is different. These new treatments are scaled-down versions of the light-based devices used by dermatologists to treat skin ailments, all designed so that a consumer can use them. Even hair removal via an at-home laser is on the table. Leading the way: Zeno and ThermaClear, two FDA-approved antiacne devices already on store shelves. Most other products are still in development. "This trend is going to change the way consumers get cosmetic treatments," says Rick Krupnick, CEO of Light BioScience, the maker of GentleWaves, a technology that uses light-emitting diodes to combat wrinkles...
...products companies, dozens of private investors are also jockeying for a piece of the action. "There's definitely a feeding frenzy going on," says Haresco. "Venture capitalists are tripping over themselves looking for consumer products in this area." Last month, for example, Therative, the San Francisco-based maker of ThermaClear, a battery-powered, handheld antiacne device ($150, with a $20 replaceable tip), announced it had secured $14 million in venture-capital funding. "It's amazing what people are willing to spend to do the whole vanity thing," says Mark Foley, managing director of RWI Ventures, one of Therative's investors...
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