XIO Group Announces That Portfolio Company, Lumenis Ltd, Celebrates Its 50-Year Anniversary With A Focus On Serving The Underprivileged and Underserved Populations

Kim Phuc: “The Girl in the Picture.”

“The innovation and products of Lumenis truly improves lives,” said Joseph Pacini, Chief Executive Officer and Partner of XIO Group. “We are proud to work with the Lumenis team as they continue to drive research and development to new levels in the energ

XIO Group, a London headquartered global alternative investments and private equity firm with more than $3.2 billion of committed capital, announced that its portfolio company, Lumenis Ltd, celebrates its 50-year anniversary with a focus on serving the underprivileged and underserved populations of the world.

Lumenis Ltd. is the world’s largest energy-based medical device company for surgical, aesthetic, and ophthalmic applications. Lumenis’ vision is to provide better technology for exemplary patient care through innovative energy-based solutions. With a ground-breaking technological legacy of five decades, the company is committed to enhancing patient health and quality of life, addressing new and growing needs of the aging population, and continuing to offer medical professionals innovative solutions to meet the developing and dynamic healthcare environment of the 21st century.

Lumenis has partnered with a number of foundations, hospitals, and healthcare professionals internationally, with countries including Haiti, Russia, St. Lucia, India, Africa, and Armenia, to provide the latest energy-based treatments to patients suffering from conditions such as BPH, burn injuries, and glaucoma. Lumenis lasers are used in humanitarian missions around the world to treat wounded warriors, war survivors, and severe scar patients, including Kim Phuc, a survivor of the Vietnam War bombing who is recognized as “The Girl in the Picture.”

“The innovation and products of Lumenis truly improves lives,” said Joseph Pacini, Chief Executive Officer and Partner of XIO Group. “We are proud to work with the Lumenis team as they continue to drive research and development to new levels in the energy-based medical sector whilst also giving back to the global communities so in need of these advances.”

Most recently, Lumenis announced successful outcomes directly tied to their support of Global, Surgical, Destination,…

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