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Diomed Holdings, Inc., through its wholly owned subsidiaries, engages in the development and commercialization of minimally invasive medical procedures that employ its laser technologies and associated disposable products in the United States and Europe. The company primarily offers endovenous laser treatment (EVLT), a minimally invasive laser procedure for the treatment of varicose veins caused by greater saphenous vein reflux. It also develops and markets lasers and disposable products for photodynamic therapy cancer procedures; and products for other clinical applications, including dental and general surgical procedures. In addition, Diomed Holdings provides its customers with physician training and practice development support. The company sells its products through its direct sales force and a network of distributors to hospitals, private physician practices, and clinics, as well as focuses on specialists in vascular surgery, interventional radiology, general surgery, phlebology, interventional cardiology, gynecology, and dermatology. It has a collaboration agreement with Duke University Medical Center for research, development, and education programs in the field of venous and arterial disease. Diomed Holdings was founded in 1991 and is headquartered in Andover, Massachusetts.

MarketByte, LLC has been paid a fee of $100,000 in cash and 250,000 options convertible into free trading shares, exercisable at $3.50, by Mohammed Patel, an individual, for publishing information on Diomed Corp for a period of one year.