A shaving alternative.(laser hair-removal system)
BOSTON -- The Food and Drug Administration has approved the first over-the-counter laser hair-removal system, developed by Palomar Medical Technologies Inc. Procter & Gamble Co.'s (P&G's) Gillette division hopes to capitalize on the rapidly growing, $2.7 billion professional light-based hair-removal market by introducing a device that will let women do their own laser treatments at home.
The laser device is to be used a few times a month to remove underarm, leg and bikini line hair.
"Do we expect this to ever eliminate shaving altogether?" asks a P&G spokesperson. "The ...
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