Company Overview
Snapshot
Founded in February 2008 by Ilan Toledano, FormaTK operates with 11–50 employees. The company specializes in medical aesthetics solutions and in March 2017, its lasers received FDA approval, expanding its market reach.
Business overview
FormaTK develops and manufactures advanced medical aesthetics solutions, offering versatile systems that enable practitioners to provide a wide array of high-quality treatments. The company's product portfolio, which includes the Forma System and Alpha System, is built on clinical research and adheres to rigorous quality standards. FormaTK serves the medical aesthetics market globally, operating within the Health Tech & Life Sciences sector, specifically focusing on medical devices and dermatology.
Strategic signal
In March 2017, FormaTK's lasers received FDA approval, a significant regulatory milestone that validates the safety and efficacy of its medical aesthetic devices. This approval is crucial for market expansion, particularly in the United States, and signals to investors a strengthened position for the company in the competitive medical technology landscape.
Company Intelligence Q&A
- What is FormaTK's primary focus?
- FormaTK develops and manufactures medical aesthetics solutions, providing versatile systems for a wide range of high-quality treatments based on clinical research and rigorous quality standards.
- When was FormaTK founded and by whom?
- FormaTK was founded in February 2008 by Ilan Toledano, who serves as the Founder & Chairman of the Board.
- What significant regulatory approval did FormaTK receive?
- In March 2017, FormaTK's lasers received FDA approval, which was announced by Synergy MedSales, Inc., indicating a key milestone for market access.
- Which company became an official distributor for FormaTK in the United States?
- In November 2016, NY Laser Outlet announced a new agreement to become the official distributor of FormaTK cosmetic products in the United States.
- What types of products does FormaTK offer?
- FormaTK offers a range of medical aesthetic products including the Forma System, Alpha System, Magma Spark, Forma Light System, and The Magma Platform.