Gentle Waves intellectual property for sale
This article was originally published in The Rose Sheet
Executive Summary
The intellectual property portfolio for Gentle Waves LED (Light Emitting Diode) Photomodulation System is for sale, trade broker ICAP Ocean Tomo announces. Gentle Waves, "scientifically proven to reduce the appearance of fine lines and wrinkles," was developed by Light Bioscience and was part of a marketing partnership with L'Oréal (1"The Rose Sheet" Dec. 17, 2007). The portfolio includes 60 U.S. and worldwide issued and pending patents as well as regulatory approvals, trademarks, logos, and related assets. The technology would likely be of interest to any company competing in the beauty and cosmeceutical market, estimated to generate $70 billion in sales in 2009, ICAP says