About Shaser

Shaser Bioscience is committed to bringing the advanced technologies used by dermatologists into the comfort of consumers’ homes. We strive to provide safe and easy access to intense pulsed light (IPL) technologies at an affordable price, giving all consumers the effective results they deserve. Our efforts resulted in the creation of the iLIGHT Hair Removal System, an FDA-cleared light-based device that effectively removes unwanted body hair using IPL technology.

Like other light-based hair removal technologies, IPL works on the principle of Selective Photothermolysis. When the device applies a special pulse of light energy to the skin, the melanin within the hair shaft absorbs the light, converting it to heat.

The heat targets the root, disabling the hair’s growth mechanism, and within 1-2 weeks treated hairs start to fall out. Unlike most at-home hair removal methods, iLIGHT does not cut or pull out the hair—it works below the surface of the skin to disable active hairs and break the cycle of hair growth.

Shaser has a complete line of industry-leading products and we continue to research and develop new ways to advance these devices. Our quest for improvement is fueled by our commitment to satisfying the consumers and shareholders that rely on us.

History

Beginning in 2004, a team of world-class physicians, scientists, engineers, regulatory specialists, and technology entrepreneurs came together for a venture that dramatically advanced light-based hair removal sciences.

Understanding that its core competencies lay in the research and development of these cutting edge technologies, Shaser licensed the advances in 2010 to global personal care giant Spectrum Brands, Inc., owner of the Remington brand. Uniting these leaders in their respective fields led to unprecedented success, including outselling all other light-based hair removal systems throughout Europe shortly after debuting.

Then in 2011, Shaser became one of the few global companies to receive clearance from the FDA to market over-the-counter photoepilation technology directly to US consumers. After several successful years as licensing partners, Spectrum Brands acquired a majority stake in Shaser Bioscience in 2012, giving Spectrum full access to Shaser’s team and extensive product roadmap.

Then in 2011, Shaser became one of the few global companies to receive clearance from the FDA to market over-the-counter photoepilation technology directly to US consumers. After several successful years as licensing partners, Spectrum Brands acquired a majority stake in Shaser Bioscience in 2012, giving Spectrum full access to Shaser’s team and extensive product roadmap.

Having sold more than 350,000 units worldwide, Shaser continues to break ground in the home-use aesthetic device market, which is expected to grow to over $1.3B in 2014 and even higher in subsequent years. Beyond its aggressive US and European agendas, it is currently pursuing substantial growth within significant Latin American markets including Mexico, Brazil, and Colombia.

  1. 2004
    Shaser assembles a team of world-class physicians, scientists, engineers, regulatory specialists and a proven team of tech entrepreneurs.
  2. 2007
    Team puts technology into practice, and Spectrum Brands, Inc. (owner of the Remington brand) becomes partner.
  3. 2010

    Spectrum Brands, Inc., launches the Remington iLIGHT in Europe, Australia and New Zealand, and quickly becomes the top seller in the category.

    An iLight Device
  4. 2011
    FDA Logo

    Shaser receives FDA clearance to market OTC photoepilation (pe) technology.

  5. 2012

    Spectrum Brands acquires majority share of Shaser.

    Spectrum Brands Logo

Directors

Shaser's elite group of developers was assembled from a wide range of fields. The team includes experts in light medicine, biology, physics, medical device design & development, and beauty/consumer products.
  • David Maura
    Chairman of the Board of Directors
  • Steve Fraundorfer
    CEO & Board Member
  • Dan Roth
    Founder & Board Member
  • A. Bruce Cleverly
    Board Member
  • Greg White
    Board Member
  • Terry Polistina
    Board Member
  • Nathan Fagre
    Board Member
  • Alan Schoepp
    Board Member
  • Eduard Roosli
    General Manager

Accolades

FDA Clearance

The iLIGHT was cleared by the FDA in 2011 as a light-based device designed for the removal of unwanted body hair. Its proven intense pulsed light (IPL) technology is similar to that used by dermatologists and professional salons, and is optimized for use in the privacy and comfort of consumers’ homes. The iLIGHT is a safe and effective way to remove hair without cutting or pulling. It works beneath the surface of the skin to disrupt active hair growth and provide long-lasting results.

Daily Glow Beauty Innovator Award

Remington’s iLIGHT PRO Hair Removal System received the prestigious Daily Glow Award in 2012. The honor recognizes the most innovative, state-of-the-art, and effective beauty products on the market.

2012 Daily Glow Beauty Innovator Award Winner

Media

As a notable innovator in the exciting field of light-based hair removal, Shaser’s products have received extensive praise in the press.

What the Press is Saying

  • Bazaar Magazine 2013
    Bazaar
    2013
  • BScene Magazine 2013
    BScene
    2013
  •  Health Magazine 2013
    Health
    2013
  • People Magazine 2013
    People
    2013
  • People en Español 2013
    People en Español
    2013
  • Real Simple Magazine 2013
    Real Simple
    2013
  • Scottsdale Health Magazine 2013
    Scottsdale Health
    2013
  • Shape Magazine 2013
    Shape
    2013
  • Star Magazine 2013
    Star
    2013

Partners and Investors

Partners and Investors

Spectrum Brands, Inc. purchased the majority share of Shaser Bioscience in 2012. This relationship worked to make the iLIGHT the best-selling light-based hair removal system in Europe and Australia. Shaser’s goal is continued growth of the iLIGHT to make it the best-selling system of its kind worldwide.

For inquiries regarding your possible investment in Shaser Bioscience, contact: