BNET Industries

PhotoMedex Inc.

(PHMD) is in the Manufacturing Industry

Market Cap:$10.3M
Last Fiscal Year Sales:$34.7M
  • Public
  • US
Dow Jones Description

Headquartered in Montgomeryville, Pennsylvania, PhotoMedex (Nasdaq: PHMD) offers innovative solutions in the areas of dermatology, therapeutic skin care and surgical products & services. PhotoMedex develops proprietary excimer laser and fiber-optic systems for treatment of dermatological applications such as psoriasis and vitiligo. XTRAC was the first FDA market-cleared excimer laser system for the treatment of dermatological applications such as psoriasis and vitiligo. The XTRAC system allows the physician to use the high dose of UVB energy of 308nm right to the spot of the problem for fast, effective treatment while minimizing the risk of exposure to healthy skin. In March 2005, PhotoMedex acquired ProCyte Corporation a biotech company that develops and markets products based on its patented, clinically proven Copper Peptide technology for skin health, hair care and wound care. The combined company sells directly to dermatologists, plastic and cosmetic surgeons, spas and salons and through licenses with strategic partners into the consumer market, including its long-term worldwide license agreement with Neutrogena , a Johnson & Johnson company. ProCyte brands include Neova , Ti-Silc , VitalCopper , Simple Solutions and AquaSante . To further serve the dermatology and aesthetic markets, PhotoMedex provides contract medical procedures to hospitals, surgi-centers and doctors' offices, offering a wide range of products and services across multiple specialty areas, including...

Chief Financial Officer
Dennis McGrath
Number of Employees 171
Contact Information

147 Keystone Dr

Montgomeryville, Pennsylvania 18936

ultracopper.com

(215) 619-3600

NAICS Code All Other Miscellaneous Electrical Equipment and Component Manufacturing: 335999

Recent Events

  • Market Report -- In Play PHMD

    11/05/09 - Mgmt. Change Entering - CFO - View Story

  • PhotoMedex Taps Christina Allgeier as CFO

    11/10/09 - Mgmt. Change Entering - CFO - View Story

  • PhotoMedex, Inc. PHMD Raises $2.7 Million in Private Placement of Common Stock

    10/23/09 - New Investment - View Story

  • PhotoMedex Unveils New Formula for DNA Reparation

    9/19/09 - Product Announcement - View Story

  • PhotoMedex gets Nasdaq delisting warning

    9/21/09 - Financial Announcement - View Story

  • PhotoMedex CEO O’Donnell resigns

    7/06/09 - Mgmt. Change Leaving - CEO - View Story

  • PhotoMedex Appoints New CEO

    7/10/09 - Board Member - Leaving - View Story

  • PhotoMedex Names New CEO

    7/08/09 - Mgmt. Change Entering - CEO - View Story

News & Analysis

photomedex inc. - All News and Analysis

Decision Makers

Name (plus bio) Position
Dennis McGrath Chief Financial Officer
Jeffrey L Levatter Cto
Paul Tanpiengco Director, Marketing
Davis Woodward Corporate Counsel
John Y M Koo
Kenneth Arndt
Richard E Fitzpatrick
Roy G Geronemus
Warrick L Morrison
David W. Anderson Director

Board of Directors

Name (plus bio) Position
Richard J. Depiano Chairman
Alan R. Novak Board of Directors
Anthony J. Dimun Board of Directors
Jeffery F. O'Donnell Board of Directors
John J. McAtee Jr. Board of Directors
John M. Glazer Board of Directors
Stephen P. Connelly Board of Directors
Wayne M. Withrow Board of Directors

Dennis M. McGrath , a member of our Board of Directors, joined us on February 5, 2007. From January 2000 until the present, Mr. McGrath has served as the Chief Financial Officer and Vice President-Finance and Administration of Photomedex, Inc. Mr. McGrath has held several senior level positions including from February 1999 to January 2000 serving as the Chief Operating Officer of Internet Practice, the largest division for AnswerThink Consulting Group, Inc., a public company specializing in business consulting and technology integration. Concurrently, from August 1999 until January 2000, Mr. McGrath assumed the role of Chief Financial Officer of Think New Ideas, Inc., a public company specializing in interactive marketing services and business solutions. In addition to the financial reporting responsibilities, Mr. McGrath was responsible for the merger integration of Think New Ideas, Inc. and AnswerThink Consulting Group, Inc. From September 1996 to February 1999, Mr. McGrath was the Chief Financial Officer and Executive Vice-President-Operations of TriSpan, Inc., an internet commerce solutions and technology consulting company, which was acquired by AnswerThink. Mr. McGrath is a certified public accountant and graduated with a B.S. in accounting from LaSalle University in 1979. Mr. McGrath holds a licenses from the states of Pennsylvania and New Jersey as a certified public accountant.

Organization Position Status
PhotoMedex, Inc. Chief Financial Officer Current
Procyte Corporation Chief Financial Officer and Vice President of Finance and Administration Current
Noninvasive Medical Technologies, Inc. Board of Directors Current
Wmm Capital Partners Board of Directors Current
Ricomm Systems, Inc. Board Member Current
PhotoMedex, Inc. Board of Directors Current
PhotoMedex, Inc. President, Finance and Administration Former
Internet Commerce Solutions, LLC Cfo Former
Internet Commerce Solutions, LLC Executive Vice President of Operations Former
PhotoMedex, Inc. Vice President of Finance and Administration Former
La Salle University Former

Organization Position Status
PhotoMedex, Inc. Cto Current
Procyte Corporation Chief Technology Officer Current
Redlake Masd, LLC Executive Vice President Former
Braun Thermoscan Vice President of Research and Development Former
Redlake Masd, LLC Vice President of Engineering Former

Organization Position Status
PhotoMedex, Inc. Director, Marketing Current

Mr. Woodward is presently corporate counsel of Photomedex, Inc. and previously was the chief financial officer and vice president, legal and tax affairs at Surgical Laser Technologies, Inc. He was tax manager at Arthur Andersen working with clients ranging from large publicly held to small, closely held companies and non-profits, partnerships and individuals. He served as the director of tax planning and as general counsel for Decision Data Corporation. Mr. Woodward assisted in the formation of PhotoVision, its merger with RetinaPharma and as a legal and finance advisor since the Companya??s inception. He holds both a Master of Business Administration (MBA) and JD degrees from the University of Pennsylvania, Wharton Graduate Division and Biddle Law School with a concentration in finance and taxation. He is also a CPA (Maryland) and is licensed to practice law in Pennsylvania. His undergraduate B.S. degree is from Indiana University (Phi Beta Kappa, cum laude) majoring in Latin and Greek, minoring in mathematics.

Organization Position Status
PhotoMedex, Inc. Corporate Counsel Current
Retinapharma, Inc Board of Directors Current
Surgical Laser Technologies, Inc. Chief Financial Officer Former
Surgical Laser Technologies, Inc. Vice President, Legal and Tax Affairs Former

Organization Position Status
PhotoMedex, Inc. Current
Harvard Medical School doctor of medicine degree Former
University of California, Berkeley bachelor's degree Former

Organization Position Status
PhotoMedex, Inc. Current
Beth Israel Deaconess Medical Center Former

Organization Position Status
PhotoMedex, Inc. Current
University of California, San Diego Associate Clinical Professor Former
Emory University medical degree Former

Organization Position Status
Light Bioscience, LLC Director of The Laser& Skin Surgery Center of New York Current
New York Eye and Ear Infirmary Director of the Skin, Laser Division Current
Nyu Langone Medical Center Clinical Prof Current
New York University Medical Center Clinical Professor Current
PhotoMedex, Inc. Current
President-Elect Current
Nyscf Chairman Current
Aspdt Board of Directors Current
Laser & Skin Surgery Center of New York Director Current
Age Spots Board of Directors Current
Hair Removal Journal Board of Directors Current
Kbl Healthcare, Inc. Board of Directors Current
Rhytec, Inc. Board of Directors Current
Freckle Removal Specialists Board of Directors Current
Tattoo Removal Board of Directors Current
The American Society for Laser Medicine and Surgery, Inc. President Former
New York University Medical Center Chief Former
Harvard University A.B. Former
University of Miami School of Medicine Former

Organization Position Status
PhotoMedex, Inc. Current
Columbia University visiting professor Former
Greater Baltimore Medical Center Former

Chairman and CEO of Escalon Medical Corp. since March 1997. CEO of the Sandhurst Company, L.P. and Managing Director of the Sandhurst Venture Fund since 1986; Chairman of the Board of Directors of PhotoMedex, Inc.

Organization Position Status
Escalon Medical Corp. Chairman and Chief Executive Officer Current
PhotoMedex, Inc. Chairman Current
Surgical Laser Technologies, Inc. Chairman of the Board of Directors Current
Procyte Corporation Chairman Current
Sonomed, Inc. CEO Former
Escalon Medical Corp. President Former
Escalon Medical Corp. Coo & General Counsel Former
Escalon Medical Corp. Director Former

Organization Position Status
Procyte Corporation Director Current
PhotoMedex, Inc. Board of Directors Current
Yale University Former
University of Oxford Former
Yale Law School Former

Organization Position Status
Tri-Artisan Capital Partners, LLC Current
PhotoMedex, Inc. Board of Directors Current
Procyte Corporation Director Current
Bioretec Ltd Board of Directors Current
Wildwood Capital, LLC. Board of Directors Current
Vital Signs, Inc. Director Current
Strategic Concepts Corporation Chief Executive Officer Former
Vital Signs, Inc. Chief Financial Officer Former
Vital Signs, Inc. Executive Vice President Former
First Atlantic Capital Ltd. Senior Vice President Former
Strategic Concepts Corporation Managing Director Former
Goldstein Golub Kessler Llp Partner Former
Ernst & Whinney Senior Audit Manager Former
Rider University Bachelor of Science Degree Former

David W. Anderson, has served as President, Chief Executive Officer and director of Gentis, Inc. since November 2004. Prior to that, Mr. Anderson was the President, Chief Executive Officer and director of Sterilox Technologies, Inc. from March 2000 to November 2004. Mr. Anderson is a director of Photomedex Inc., Inion Ltd. and several private companies.

Organization Position Status
Vision-Sciences, Inc. President, Cheif Executive Officer, Gentis, Inc. Current
Old City Partners, LLC Vice President of Sales Current
Procyte Corporation Board of Directors Current
PhotoMedex, Inc. Director Current
Mentortech Ventures Board of Directors Current
Inion, Ltd. Board of Directors Current
Vision-Sciences, Inc. Board of Directors Current
Kensey Nash Corporation CEO Former
Gentis, Inc. Chief Executive Officer Former
Kensey Nash Corporation President Former
Gentis, Inc. President Former
Osteotech, Inc. Executive Vice President Former
LFC Financial Corporation Vice President Former
Osteotech, Inc. Founder Former
Kensey Nash Corporation Leader Former
Schering-Plough Corporation Former
Gentis, Inc. Director Former

Organization Position Status
Procyte Corporation Director, President and Chief Executive Officer Current
Cardiac Science, Inc. Current
PhotoMedex, Inc. Board of Directors Current
Procyte Corporation Board of Directors Current
Escalon Medical Corp. Director Current
Safeguard Scientifics, Inc. Advisory Member Current
Endologix Inc. Director Current
Cardiac Science Corporation Board of Directors Current
Kensey Nash Corporation CEO Former
PhotoMedex, Inc. CEO Former
Kensey Nash Corporation President Former
PhotoMedex, Inc. President Former
Azurtec, Inc. Board Member Former
La Salle University bachelor's degree in business administration and marketing Former

Organization Position Status
PhotoMedex, Inc. Board of Directors Current

Organization Position Status
PhotoMedex, Inc. Board of Directors Current

Organization Position Status
PhotoMedex, Inc. Board of Directors Current

Organization Position Status
PhotoMedex, Inc. Board of Directors Current

Executive News

  • BRIEF: Embrella announces new CEO, new financing

    TradingMarkets - 8/13/09 - View Story

  • Embrella announces new CEO, new financing

    Philadelphia Inquirer - 8/13/09 - View Story

  • Jeffrey F. O’Donnell Joins Embrella Cardiovascular, Inc. as Chief Executive Officer

    DiGiTAL50 - 8/12/09 - View Story

  • Jeffrey F. O'Donnell Joins Embrella Cardiovascular, Inc. as Chief Executive Officer

    TradingMarkets - 8/12/09 - View Story

  • Jeffrey F. O'Donnell Joins Embrella Cardiovascular, Inc. as Chief Executive Officer

    CNBC - 8/12/09 - View Story

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     PHMD $0.77 +0.02 (2.67% )
Intraday | 3 Month | 6 Month | 1 Year
Average Volume 48,738
Shares Outstanding 13.43M
Market Cap 10.3M
Year High 2.21
Year Low 0.13
Earnings Per Share -0.46
P/E Ratio -1.67
Dividend N/A
Yield N/A
IndustryTop Rated
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