Our Opinion
PhotoMedex Inc is on the Cruelty Free Investing list for exploiting animals because the company does animal testing for some of their medical products, services, research and therapies.
Supporting Evidence:
The company stated in the following report that they conduct pre-clinical trials of their drugs on animals.
“A premarket approval application must be supported by valid scientific evidence to demonstrate a reasonable assurance of safety and effectiveness of the device, typically including the results of clinical trials, bench tests and possibly animal studies.” (Page 129) Read the full document
Company Description
PhotoMedex, Inc. is a global health products and services company, which provides integrated disease management and aesthetic solutions to dermatologists, professional aestheticians and consumers. It provides proprietary products and services that address skin diseases and conditions including psoriasis, vitiligo, acne and photo damage. The company operates through three segments: Consumer, Physician Recurring and Professional. PhotoMedex was founded on December 30, 2010 and is headquartered in Willow Grove, PA. [Source: MarketWatch]
Company Website: http://www.photomedex.com