Biotech SF: Iridex

Showing posts with label Iridex. Show all posts

Tuesday, January 3, 2012

Iridex to sell skin treatment unit to Cutera for $5 million

Iridex Corp. agreed to sell its cosmetic skin treatment unit to Cutera Inc. for $5.1 million.
This unit of Mountain View-based Iridex (NASDAQ: IRIX) makes lasers to treat age spots and veins in people’s skin, and also to treat acne and remove hair. Iridex has a separate ophthalmology business not included in this sale -- that unit makes laser treatments for serious eye diseases like age-related macular degeneration, glaucoma and diabetic retinopathy.

Monday, October 10, 2011

Medical laser company Iridex changes CEOs

Iridex Corp. made Dominik Beck its president and CEO on Monday.
Iridex makes laser-based medical systems used in ophthalmology, dermatology and otolaryngology.

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Some of my favorite stories.

• "The fight of his life" (2007)

Last year Mike Homer helped raise the money for 2,000 medical research computers. Now researchers are using that equipment in an attempt to save his life.

• "For reporter, CJD is more than a story" (2007)

Seven years ago -- nearly to the day -- my mother died of Creutzfeld-Jakob Disease.

• "A son's YouTube plea for Avastin" (2010)

Josh Turnage is your typical teenager, trying to discover what he wants to do in college and with his life. But a 7-minute, 41-second YouTube video he produced about his mother's fight with breast cancer may thrust him into a debate between drug makers and the agency that regulates them.

• "New device could knock out old dialysis technology" (2011)

Shuvo Roy has all the makings for the world's first implantable artificial kidney, thanks to nanotechnology and a web of nationwide collaborations.

All he needs now is $20 million.