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                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT
     PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

                                  March 3, 2005
                Date of Report (Date of earliest event reported)

                                PhotoMedex, Inc.
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             (Exact name of Registrant as specified in its charter)

             Delaware                  0-11635           59-2058100
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   (State or other jurisdiction     (Commission        (I.R.S. Employer
         of incorporation)          File Number)      Identification No.)

   147 Keystone Drive, Montgomeryville, Pennsylvania        18936
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        (Address of principal executive offices)          (Zip Code)

                                 (215) 619-3600
               Registrant's telephone number, including area code

     Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2. below):

[ ]  Written communications pursuant to Rule 425 under the Securities
     Act (17 CFR 230.425)

[ ]  Soliciting material pursuant to Rule 14a-12 under the Exchange
     Act (17 CFR 240.14a-12)

[ ]  Pre-commencement communications pursuant to Rule 14d-2(b) under the
     Exchange Act (17 CFR 240.14d-2(b))

[ ]  Pre-commencement communications pursuant to Rule 13e-4(c) under the
     Exchange Act (17 CFR 240.13e-4(c))

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ITEM 2.02   RESULTS OF OPERATIONS AND FINANCIAL CONDITION

            On March 3, 2005, the Registrant reported its results of operations
            for its fourth quarter and year ended December 31, 2004. A copy of
            the press release issued by the Registrant concerning the foregoing
            results is attached hereto as Exhibit 99.1 and is incorporated
            herein by reference.

            The information set forth under "Item 2.02 Results of Operations and
            Financial Condition", including the accompanying Exhibit 99.1, is
            being furnished in accordance with interim guidance issued by the
            Securities and Exchange Commission in Release No. 33-8216. The
            information contained herein and in the accompanying exhibit shall
            not be incorporated by reference into any filing of the Registrant,
            whether made before or after the date hereof, regardless of any
            general incorporation language in such filing, unless expressly
            incorporated by specific reference to such filing. The information
            in this report, including the exhibit hereto, shall not be deemed to
            be "filed" for purposes of Section 18 of the Securities Exchange Act
            of 1934, as amended or be otherwise subject to the liabilities of
            that section or Sections 11 and 12 (a) (2) of the Securities Act of
            1933, as amended.

ITEM 9.01   FINANCIAL STATEMENTS AND EXHIBITS.

(C) EXHIBITS.

     99.1   Press Release, dated March 3, 2005.

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                                   SIGNATURES

        Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.

                                                     PHOTOMEDEX, INC.

Dated: March 4, 2005                                 By: /s/Jeffrey F. O'Donnell
                                                         -----------------------
                                                         Jeffrey F. O'Donnell
                                                         Chief Executive Officer

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                                  EXHIBIT INDEX

    Exhibit Number                           Description
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         99.1         Press release, dated March 3, 2005, regarding the
                      announcement of the Company's earnings for the quarter and
                      the year ended December 31, 2004.
                                        4