HORSHAM, PA — STRATA Skin Sciences, Inc. (NASDAQ: SSKN), a medical technology company, announced it has entered into an exclusive, three-year agreement with Spectra Medical India Pvt Ltd., a distribution company representing medical laser and aesthetic equipment manufacturers, for the distribution of TheraClear®X, VTRAC®, and XTRAC® in India.
“We are excited to expand into the acne, psoriasis, and vitiligo market in India with Spectra Medical,” stated Bob Moccia, Chief Executive Officer of STRATA Skin Sciences. “Led by Ramamoorthy Sundaram, Spectra Medical has over 20 years of experience in the medical distribution industry, and is India’s leading distributor of dermatology medical devices. India presents STRATA with a unique opportunity as there are no excimer laser solutions for phototherapy treatments currently available today. India has the highest prevalence of vitiligo in the world, and over 80% of young adults suffer from acne.2 We believe our products could potentially help to fill a gap in their market for effective, non-pharmaceutical treatment solutions.”
Ramamoorthy Sundaram commented, “Our partnership with STRATA Skin Sciences presents us with the opportunity to be the first supplier and distributor of 308nm lasers. Our mission is to provide India with innovative medical equipment and solutions that meet the unique needs of healthcare and aesthetic professionals, which we believe our partnership with STRATA will help further our reputation as a trusted and respected name in the industry. We are excited to ultimately offer STRATA’s products and help those who suffer from a range of dermatologic conditions.”
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