Monday, January 30, 2012

Tria Beauty files to raise up to $86M IPO

Tria Beauty Inc. registered with regulators Monday for an initial public offering worth up to $86.25 million.
Pleasanton-based Tria Beauty makes cosmetic devices that use light to treat the skin. They’re meant for consumers to buy and use at home, rather than at a medical office.
Tria’s devices include a hair removal laser that was cleared by the Food and Drug Administration in 2005 for prescription use and then in 2008 for over-the-counter sales. The company also got FDA clearance in 2010 for over-the-counter sales of a blue light device meant to reduce acne.

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