Palomar Medical Tech (PMTI) Company Profile
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General Information
Name: Palomar Medical Tech
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Palomar Medical Technologies, Inc., founded in 1987, researches and develops laser and light-based products for use in medical and cosmetic treatments. Products range from treatments for removal of hair, spider and leg veins, port wine stains, freckles, scars, and tattoos. Palomar also develops lasers and other products to remove acne and cellulite, and offers skin rejuvenation products. The company has license agreements with both Gillette and Johnson & Johnson. Headquartered in Burlington, Massachusetts, it has operations worldwide. (see report summary)
Management Analysis
Palomar Medical Tech's management team was promoted from within. Research indicates that internal hires produce better long term returns for investors.
Palomar Medical Tech Milestones
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