Company Profile

Candela Corporation (AKA: Candela Laser Corporation)
Profile last edited on: 8/10/2023      CAGE: 52209      UEI: YKJ1DNBDCE96

Business Identifier: Medical lasers
Year Founded
1970
First Award
1983
Latest Award
2004
Program Status
Inactive (Acquired)
Popularity Index
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Location Information

530 Boston Post Road
Wayland, MA 01778
   (508) 358-7400
   info@candelalaser.com
   www.candelalaser.com
Location: Single
Congr. District: 05
County: Middlesex

Public Profile

Founded by the late Horace Furumonto who went on to found Cynosure after acquisition of Candela by Syneron Medical Ltd.in September 2009, Candela had been among the very earliest small firms to have been SBIR involved. Between formation and time of acquisition, the company had achieved products in over 70 countries from offices and distributors in the United States, Europe, Japan, China and other Asian locations. Candela established the aesthetic laser market, achieving an installed base of 10,000 lasers worldwide ofering nnovative clinical solutions that enable physicians, surgeons, and personal care practitioners to treat selected cosmetic and medical conditions using lasers, aesthetic laser systems, and other advanced technologies. Candela wil be remembered as a medical laser maker using laser systems for tattoo removal, treatment of dermal abnormalities (age spots, port-wine stain birthmarks), and spider veins. Products include Skinscan, for precise laser positioning, and Dynamic Cooling Device, which reduces pain by cooling upper layers of skin during treatment. Candela also made laser and cryosurgical products to treat prostate cancer, kidney stones, and liver disease. Candela sold to medical and surgical markets throughout the US and abroad. Subsidiary Candela Skin Care Centers had a skin-care center and spa in Boston.

Extent of SBIR involvement

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Synopsis: Awardee Business Condition

Employee Range
250-500
Revenue Range
20M-50M
VC funded?
Yes
Public/Private
Publicly Traded
Stock Info
NASDAQ : CLZR
IP Holdings
100-149

Awards Distribution by Agency

Most Recent SBIR Projects

Year Phase Agency Total Amount
2004 1 NIH $79,234
Project Title: Endovascular Laser Treatment of Varicose Veins
2003 1 NIH $99,485
Project Title: Acne and scar treatment by controlling laser penetration
2000 1 NIH $99,200
Project Title: Laser Treatment of Acne Bby Injury to Sebaceous Glands
1997 1 NIH $99,997
Project Title: Selective Photothermal Destruction of Sebaceous Glands
1997 2 NIH $816,826
Project Title: Laser treatment for Laryngeal papillomatosis

Key People / Management

  Gerard Puorro -- President

  Joseph M Canter

  Harry Ceccon

  Yacov Domankevitz

  James C Hsia

  Michael Lesiecki

  Kathleen McMillan

  Dilip Y Paithankar

  Karl Pope

  Jeffrey A Russel

  Robert Schlier

  Rafael Sierra

Company News

There are no news available.