Coming in at $2.

AMD LASERS launches Picasso Lite soft cells dental laser AMD LASERS today announced the launch of the Picasso Lite soft tissue dental laser beam . Coming in at $2,495, providing 2.5 Watts of power, and three customizable presets, Picasso Lite is the least expensive and easy-to-operate dental laser in the world. It was designed specifically to displace the archaic use of scalpels and electro-surge in the treatment of soft tissue. ‘With Picasso Lite, we accelerated the paradigm shift in dentistry that started with the intro of the Picasso soft tissue laser in ’09 2009,’ stated Alan Miller, President/CEO of AMD LASERS.

The company has concurrently launched a search for a permanent chief executive officer. Additionally, AMAG’s Board of Directors has generated a special committee, comprising Michael Narachi, Robert Perez and Lesley Russell, MD, to make sure appropriate commercial, developmental and operational oversight during this transition period. The program, including an approximate 25 percent reduction in positions, is likely to reduce the company’s operating expenses, excluding cost of products sold , by $20 – $25 million in 2012 as compared to 2011. In addition, the planned completion of the company’s phase III clinical system for a broad IDA indication is likely to further reduce operating expenditures by around $20 million in 2012.