[Market Focus] Lameditech Surges on News of US and European Certifications for Beauty Device
Medical and beauty laser specialist company Lameditech is showing strong performance on August 28. Investor sentiment appears to have improved following the news that its beauty device, Puracell Miin, has obtained both US FCC (Federal Communications Commission) and European CE LVD (Low Voltage Directive) certifications.
As of 10:24 a.m. on this day, Lameditech shares were trading at 8,440 won on the KOSDAQ market, up 18.37% from the previous trading day. The stock started trading at 7,700 won and then surged sharply.
On this day, Lameditech announced that its personal laser beauty device, Puracell Miin, had simultaneously obtained US FCC certification and European CE LVD certification. With these certifications, Puracell Miin is now officially qualified for sale in major global markets. Lameditech plans to accelerate its efforts to target the global premium beauty device market in the future.
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Lameditech stated, "These certifications officially prove the international safety and technological capabilities of Puracell Miin," adding, "They are significant in that they help lower market entry barriers and lay the foundation for expanding sales."
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