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Quest PharmaTech Engages AMC Technologies Corp. for Development of Home Use, Light Delivery Device for Hair Removal Application with SL017
Quest PharmaTech Engages AMC Technologies Corp. for Development of Home Use, Light Delivery Device for Hair Removal Application with SL017.
About this update from Quest Pharmatech Inc.
[{"type":"text","content":"\n\n\n\n-NRC-IRAP to support the development-\n\n\nEDMONTON, AB, July 10 /CNW/ - Quest PharmaTech Inc. ("Quest" or the\n"Company") is pleased to announce that it has signed an agreement with AMC\nTechnologies Corp. (member of PCC Communications Inc.) to develop a novel,\nportable light delivery device intended for home use with SL017 for hair\nremoval application. Currently, the Company is developing SL017 as an aid for\nhair removal with already approved light based depilatory system including\nIntense Pulse Light (IPL). The Company has already demonstrated the utility of\nSL017 for hair removal applications by showing specific follicular uptake of\nthe product in a ten patient clinical trial. Currently, the Company is\nconducting a fifty patient clinical trial for hair removal using IPL.\n\n\nUnder the agreement, AMC Technologies Corp. will undertake the design and\nproduction of a prototype high intensity light system that can be used in\ncombination with SL017 and assess its applicability for home use as an Over\nthe Counter product. The companies were introduced by an Industrial Technology\nAdvisor from the National Research Council Canada Industrial Research\nAssistance Program (NRC-IRAP), which is also providing funding towards the\nresearch into the device.\n\n\n"The availability of a portable light device for home use could open up a\nnew market segment in the future and we are happy to be using the available\nlocal expertise in this area" said Mr. Thomas Woo, Vice President for Product\nDevelopment. "The Company is also grateful to NRC-IRAP for their continued\nsupport to develop SonoLight Technology based products" added Mr. Woo.\n\n\n"We at AMC Technologies Corp. have developed many different products\nusing high brightness solid state devices in the last few years. This allows\nus to provide a tremendous design service to companies like Quest PharmaTech\nwho see the value in their applications" said Dustin Demontigny, Project\nLeader from AMC Technologies Corp. "We are looking forward to working with\nanother local company through the introduction and continuous support from\nNRC-IRAP," said Maynor Motta, Corporate Engineering Manager for AMC\nTechnologies Corp.\n\n\nThe worldwide light-based treatments to remove unwanted hair are\nestimated to be U.S. $2.7...