Alcon to acquire WaveTec Vision, ORA System

September 3, 2014

Alcon Laboratories has entered into an agreement to acquire WaveTec Vision.

Fort Worth, TX-Alcon Laboratories has entered into an agreement to acquire WaveTec Vision.

Through the agreement, Alcon will also obtain full rights to WaveTec Vision’s ORA System, an intraoperative guidance system for cataract surgeons implanting IOLs.

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Alcon plans to integrate the guidance system into its existing cataract refractive suit, which includes:

·      Verion image-guided preoperative diagnostic system

·      LenSx femtosecond laser

·      Centurion phacoemulsification system

·      LuxOR LX3 microscrope

 

“Alcon is continuously seeking new ways to address the needs of cataract patients, particularly those who live with astigmatism and presbyopia,” said Jeff George, global head of Alcon. “The (guidance) system provides intraoperative measurements which are not available with current preoperative technologies and is designed to help surgeons improve patient outcomes through optimal IOL selection and placement during surgery.”

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According to the company, the marriage of the guidance system and Alcon’s Verion imaged-guided system is intended to increase the surgeon’s clinical confidence when using IOLs. Ultimately, the combined technologies are designed to improve patient outcomes and enhance the overall post-surgical patient experience with IOLs.

“The (guidance) system has proven that there is real value in technology that is both patient- and provider-centered,” said Tom Frinzi, WaveTec president and chief executive officer.

Upon closing, Alcon will immediately begin the integration of the company into its surgical business franchise. The transaction is subject to closing conditions, including anti-trust approval.

 

 

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