STRATA Skin Sciences Announces Agreement with MedResults Network

STRATA Skin Sciences Inc. has signed an agreement with MedResults Network (MRN), a group purchasing organization that has more than 3,000 members including dermatology offices, plastic surgery practices, facial plastic practices, MediSpas and other providers. MRN researches product categories and selects advantaged products and then negotiates pricing for its membership. MRN focuses on the aesthetic market and has agreements with more than 50 vendors with only one vendor per product category.
 
Frank McCaney, president and CEO of STRATA, commented, “We are pleased to announce this relationship, which we believe has major benefits to STRATA. MRN has a loyal and long-term subscriber base and a reputation for providing value to its members. MRN provides additional value to its members by offering educational seminars and value to its vendors by active promotion of the products on agreement with them. Furthermore, the products that STRATA introduced earlier this year in the aesthetic space are technology-advantaged products but lacked broad awareness. We believe the reach and credibility of MRN will greatly benefit our sales efforts.”

The Nordlys Hybrid System incorporates a multitude of light-based technologies in an all-in-one compact platform—SWT (Selective Waveband Technology: the latest evolution and most efficacious utilization of Intense Pulsed Light), Nd:YAG and the FRAX 1550 non-ablative fractionated technology. The Nordlys laser uses Ellipse’s patented Dual Wave Filtration, a technology that has made the Nordlys the device of choice to over 6,000 cosmetic and dermatologic physician offices worldwide. The Nordlys system has 16 indications cleared to date by the U.S. Food and Drug Administration (FDA).
 
STRATAPEN MicroSystems is a micropigmentation device that provides advanced technology. The STRATAPEN features both a patent-pending Biolock cartridge, which incorporates a seven-step safety system to prevent fluids from entering the motor, as well as a patent-pending removable nose cone.

Nordlys is a registered trademark of Ellipse A/S, Horsholm, Denmark.
 
Jeff Routledge, president of MRN, said, “We are excited about the opportunity to assist STRATA in marketing their products to our membership. STRATA’s aesthetic products, Nordlys and STRATAPEN, are products that are in growing sectors of the Aesthetic market. MRN’s mission is to offer our members best-in-class products from world class companies through pricing that can only be achieved by leveraging the buying power of our 3,000 member practices and medical spas.”

STRATA Skin Sciences is a medical technology company in dermatology and plastic surgery dedicated to developing, commercializing and marketing innovative products for the treatment of dermatologic conditions. Its products include the XTRAC laser and VTRAC excimer lamp systems utilized in the treatment of psoriasis, vitiligo and various other skin conditions; the STRATAPEN MicroSystem, marketed specifically for the intended use of micropigmentation; and Nordlys, a multi-technology aesthetic laser device.
 
MedResults Network is a free membership service that offers instant discounts and quarterly rebates at no risk or obligation. It has partnered with over 50 national vendors to negotiate cost savings for its members in product categories including dermal fillers, lasers, skin care, and more.