Palomar Medical Technologies Agrees to Dismiss its Suit to Invalidate MEHL/Biophile International Corporation's Laser Hair Removal Patent
From: PR Newswire
GAINESVILLE, Fla., April 29 /PRNewswire/ -- MEHL/Biophile International Corporation (Nasdaq: MEHL) announced today that Palomar Medical Technologies, Inc. (Nasdaq: PMTI) has agreed to dismiss its Massachusetts federal lawsuit to invalidate a patent for permanent laser hair removal owned by Dr. Nardo Zaias, and exclusively licensed to MEHL's wholly owned subsidiary, Selvac Acquisition Corp. Palomar's accession came while the court was considering MEHL's request to dismiss the case, which was filed on October 7, 1996. MEHL had also asked the court to disqualify Palomar's ...
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