![]() is South Korea’s pioneering aesthetic laser medical device company.Ĭandela is a leading global aesthetic device company with an extensive product portfolio and expansive global commercial footprint. Haelyung Hwang, Chief Executive Officer of Lutronic, commented, “We are pleased to reach a mutually beneficial settlement and cross-license agreement that strategically ends the patent disputes between Lutronic and Syneron-Candela. The settlement allows us to focus our full attention and resources on executing our growth strategy to transform the aesthetic market where we will continue to develop and protect state-of-the art technology to meet the needs of our customers.”įounded in 1997 and listed in the Korean Securities Dealers Automated Quotations (KOSDAQ) since 2006, Lutronic Corp. RealSelf features 114 Profound RF reviews you can trust, from real people like you. We invest heavily in Research and Development and will continue to enforce our intellectual property rights to prohibit manufacturers from developing and marketing products in violation of these rights. We are pleased to have reached a settlement with Lutronic on mutually-agreeable terms.” Geoffrey Crouse, Chief Executive Officer of Syneron-Candela, commented, “Syneron-Candela is focused on science, results and trust. Candela’s Profound system is the only FDA-cleared, real-time temperature-controlled device that delivers long pulses of Radio Frequency energy to create all three skin fundamentals – collagen, elastin and hyaluronic acid. The settlement, through a sublicense from Syneron-Candela, allows Lutronic to market its product in the short pulse category, protecting Candela’s investment in the development of products in the long pulse category with a thermocouple. The mutually agreed upon settlement, limited to Lutronic, protects Candela’s investment in Profound and its patented long pulse and temperature-controlled technology today and in the future. Terms of the settlement agreement are not disclosed. Candela Medical is a leader in laser aesthetics, and is a well known US-based manufacturer of other energy-based equipment such as intense pulsed light (IPL) and radiofrequency (RF) microneedling systems. ![]() Photo: courtesy of Photo by rawpixel / Unsplash. Image: Lutronic and Syneron-Candela have announced settlement of patent infringement lawsuit. (NASDAQ: ELOS), a global market leader in the aesthetic medical device marketplace, is proud to showcase revolutionary technologies at the American Academy of Dermatology (AAD) 2015 Meeting March 20-24 in San Francisco. Syneron Medical and Candela Corporation (collectively Syneron-Candela), a global aesthetic device company and the exclusive licensee of certain patents of General Hospital Corporation, d/b/a Massachusetts General Hospital (MGH), and Lutronic, Cor and Lutronic Aesthetics (collectively Lutronic), an aesthetic and medical laser company, announced that they have entered into a mutually agreeable comprehensive settlement agreement ending the patent disputes between the companies.
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