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Aerolase
Aerolase Retains SMH Capital Inc. to Advise on Corporate Expansion
October 3rd, 2008
Aerolase, the manufacturer of medical aesthetic lasers, announced that it has retained SMH Capital Inc., a subsidiary of Sanders Morris Harris Group (NASDAQ:SMHG), as its financial advisor to explore financing alternatives to fund expansion into new markets. The additional funding will be primarily directed toward expanding the Aerolase sales channel expansion into the market of about 300,000 U.S. primary care practitioners. This physician group is actively adding medical aesthetics to their practices to serve continuing strong demand for cosmetic-rejuvenation procedures, especially from affluent baby boomers. "This is a unique opportunity for...
Source: Health Business Week (2008-10-03)
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