PhotoMedex, Inc. Announces Effectiveness of Form S-4

MONTGOMERYVILLE, Pa.--(BUSINESS WIRE)--PhotoMedex, Inc. (Nasdaq: PHMD), (“PhotoMedex”) a leader in the development of proprietary excimer laser, LED light systems and skin care products for dermatological applications, today announced that the Securities and Exchange Commission (SEC) has declared PhotoMedex’ Registration Statement on Form S-4 relating to the previously announced proposed merger between PhotoMedex, Inc. and Radiancy, Inc. (“Radiancy”), a privately held dermatology device company effective as of 10:00 a.m. on November 22, 2011.