found this a while back on the forum. don't remember from who so i don't know who deserves the credit but ....
simple design based on a LM3410 should drive a phr fine. don't know about a red. never built one for red. hope this is a start
TPS61201 laser driver
this is a layout for a constant current laser driver using the TPS61201 chip. it should work with down to 0.3v input , u1= TI TPS61201, I1= coilcraft LPS3015-222MLB, C1-3= 10uH ceramic, C4= low value ceramic, Rsense= selected using R=0.5/I (where I is the required current). this driver should not be used without a load. and LD- must never be connected to Bt-. power source can be a single AA cell.