PhotoMedex (PHMD) to merge with privately held Radiancy, and will own 25% of the joint company....

|By:, SA News Editor

PhotoMedex (PHMD) to merge with privately held Radiancy, and will own 25% of the joint company. PhotoMedex develops dermatological lasers and skin-care products for the professional and surgical market, while Radiancy develops products for the consumer market. (PR)