Navigation Links
Abbott Completes Acquisition of Advanced Medical Optics
Date:2/26/2009

ABBOTT PARK, Ill., Feb. 26 /PRNewswire-FirstCall/ -- Abbott (NYSE: ABT) today announced that it has completed its acquisition of Advanced Medical Optics (AMO). AMO is now a wholly owned subsidiary of Abbott and has been renamed Abbott Medical Optics Inc.

The acquisition of AMO enhances and strengthens Abbott's diverse mix of medical device businesses and gives it a leadership position in the large and growing eye care market. Abbott Medical Optics holds the number one position in LASIK surgical devices, the number two position in the cataract surgical device market and the number three position in contact lens care products.

"As with previous acquisitions that have strengthened and diversified our business, we're entering a market that's aligned with demographic trends and growing medical need," said John M. Capek, executive vice president, Medical Devices, Abbott. "This acquisition provides Abbott access to a $22 billion global market and the opportunity to help a very large patient population."

The final step in the acquisition process was a short-form merger of Rainforest Acquisition Inc., a wholly owned subsidiary of Abbott, with and into Advanced Medical Optics, Inc. As a result of the merger, all outstanding shares of AMO common stock not tendered in the cash tender offer (other than those as to which holders properly exercise dissenters' rights) were converted into the right to receive $22 per share in cash, without interest and subject to any required withholding taxes.

About Abbott

Abbott is a global, broad-based health care company devoted to the discovery, development, manufacture and marketing of pharmaceuticals and medical products, including nutritionals, devices and diagnostics. The company employs more than 72,
'/>"/>

SOURCE Abbott
Copyright©2009 PR Newswire.
All rights reserved

Page: 1 2

Related medicine news :

1. Abbott Opens New Pediatric Nutrition Manufacturing Facility in Singapore
2. Abbott Successfully Completes Tender Offer for Shares of Advanced Medical Optics
3. Abbott Receives European Commission Clearance on Acquisition of Advanced Medical Optics
4. Abbott Receives FDA Clearance for New CELL-DYN(R) Emerald(TM) Hematology Instrument
5. Abbott Acquisition of Advanced Medical Optics Clears U.S. Antitrust Review
6. Fujirebio Diagnostics and Abbott Agree To Develop New Ovarian Cancer Test for Abbotts Architect(R) Analyzers
7. Abbott to Commence Tender Offer on Jan. 27 for All Outstanding Shares of Advanced Medical Optics, Inc.
8. Abbott Reports Double-Digit Sales and Earnings Growth in Fourth Quarter; Confirms Strong Outlook for 2009 Earnings
9. Abbott Opens New Pharmaceutical Research Laboratory in Singapore
10. Abbott Nutrition Announces Voluntary Recall of ZonePerfect(R) Chocolate Peanut Butter Bars, ZonePerfect(R) Peanut Toffee Bars and NutriPals(TM) Peanut Butter Chocolate Bars in U.S., Mexico, New Zealand and Singapore
11. Abbott Receives FDA CLIA Waiver for Use of Five Additional Cartridges on the i-STAT Handheld Blood Analyzer
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:1/22/2015)... January 22, 2015 Blue Cross and Blue ... who exemplify what it means to “Live Fearless.” ... people to share their stories about how they or someone ... inspired others by living in the moment. By telling these ...
(Date:1/22/2015)... 22, 2015 Thousand of GranuFlo lawsuits ... recalled its GranuFlo and NaturaLyte dialysis concentrates continue to ... U.S. District Court, District of Massachusetts, Bernstein Liebhard LLP ... Court has remanded a case filed by the state ...
(Date:1/22/2015)... 2015 A study recently published ... journal Medicine & Science in Sports & Exercise ... help reduce gastrointestinal (GI) problems associated with physical ... in the double-blind, placebo-controlled study took 10 grams ...
(Date:1/22/2015)... 22, 2015 Payday lending practices in ... and cause financial distress to the states that permit ... Howard University’s Center on Race and Wealth. , While ... activity, payday loans at the same time substantially depress ...
(Date:1/22/2015)... Lower-Auto-Insurance.com has released a new blog post explaining the importance ... reducing the costs of an auto insurance policy . , ... lower prices for their vehicle insurance policies. The safety a vehicle ... costs. Because of this, drivers should always carry a first ...
Breaking Medicine News(10 mins):Health News:Blue Cross and Blue Shield of Minnesota to Showcase “Faces of Fearless” 2Health News:Court Overseeing Federal GranuFlo Lawsuits Remands Louisiana Claim Back to State Court, Bernstein Liebhard LLP Reports 2Health News:Court Overseeing Federal GranuFlo Lawsuits Remands Louisiana Claim Back to State Court, Bernstein Liebhard LLP Reports 3Health News:Court Overseeing Federal GranuFlo Lawsuits Remands Louisiana Claim Back to State Court, Bernstein Liebhard LLP Reports 4Health News:Study Shows Kyowa Hakko’s L-Citrulline May Help Reduce Gastrointestinal Injury During Strenuous Exercise 2Health News:Study Shows Kyowa Hakko’s L-Citrulline May Help Reduce Gastrointestinal Injury During Strenuous Exercise 3Health News:Howard University Spotlights the Economic Impact of Payday Lending in Southern States 2Health News:Driving Safe And Other Factors That Make Auto Insurance Affordable! 2
... HealthDay Reporter , THURSDAY, March 15 (HealthDay News) -- ... appeared linked to symptoms in offspring that resemble attention-deficit ... Moreover, these problems with attention, hyperactivity and memory ... the longer they were exposed to cellphone radiation in ...
... Marcus HealthDay Reporter , THURSDAY, March 15 ... trying to become pregnant, but overdoing workouts might make ... report. Usually a risk factor for most health ... heavy women who logged vigorous workouts -- running, fast ...
... DENVER A panel of serum biomarkers could help ... patients, offering doctors an option before proceeding with a ... the International Association for the Study of Lung Cancer,s ... a panel of 10 serum protein biomarkers could help ...
... by others, pounding to the beat in group exercise class has ... the experience of changing in the locker room, the acts of ... be very discomfiting. It,s a complex experience as women are faced ... space. "I walk into the change room and pace anxiously ...
... HealthDay Reporter , WEDNESDAY, March 14 (HealthDay News) ... and confounding issues in medicine, a new European study reports ... check for signs of prostate cancer were 30 percent less ... big picture isn,t simple enough for the new research to ...
... 15, 2012) As the supply of life-saving ... healthcare systems and policymakers to step up efforts ... available antibiotics through antimicrobial stewardship initiatives. ... Healthcare Epidemiology of America (SHEA), Infectious Diseases Society ...
Cached Medicine News:Health News:Fetal Exposure to Cellphone Radiation Tied to ADHD-Like Symptoms in Mice 2Health News:Fetal Exposure to Cellphone Radiation Tied to ADHD-Like Symptoms in Mice 3Health News:Too Much Exercise Delays Pregnancy in Normal-Weight Women: Study 2Health News:Too Much Exercise Delays Pregnancy in Normal-Weight Women: Study 3Health News:Too Much Exercise Delays Pregnancy in Normal-Weight Women: Study 4Health News:The stress of undress 2Health News:The stress of undress 3Health News:Study Finds PSA Testing Cuts Prostate Cancer Death Risk 2Health News:Leading infectious diseases experts call for increased focus on protecting antibiotics 2
(Date:1/23/2015)... ORLANDO, Fla. and DUBLIN , ... of the agreement with KRS Global Biotechnology, Inc. for the ... will be compounded for shipment in the United ... 503B FDA approved Outsourcing Facility capable of compounding naltrexone tablets ...
(Date:1/23/2015)... 23, 2015  Now available for sale, The Armor1 Ankle ... prevents ankle sprains by cushioning the ankle from an ... around the outside of any shoe type and allows ... still offering protection against sprains. With customers in physical ...
(Date:1/23/2015)... , Jan. 23, 2015   Leatt Corporation  (OTCQB: ... protective equipment for all forms of sports, including extreme ... neck brace, announced today that the UISP Lega Motociclismo ... requires all riders to wear a neck brace during ...
Breaking Medicine Technology:Immune Therapeutics, Inc. Announces Agreement with KRS Global Biotechnology, Inc. 2Immune Therapeutics, Inc. Announces Agreement with KRS Global Biotechnology, Inc. 3Immune Therapeutics, Inc. Announces Agreement with KRS Global Biotechnology, Inc. 4The Armor1 Ankle Roll Guard is the New Breakthrough Solution for Ankle Sprain Prevention! 2Leatt Announces Neck Braces Now Required For Motocross/Minicross Racing In Italy 2Leatt Announces Neck Braces Now Required For Motocross/Minicross Racing In Italy 3
... Response Rates Recognized as Marker of,Treatment Success -, ... new,independently-conducted study being presented at the 59th Annual ... Liver Diseases (AASLD) shows that,PEGASYS(R) (peginterferon alfa-2a) treatment ... for hepatitis C patients as,compared to regimens with ...
... complications; they are also more likely,to become overweight or ... A study by the Kaiser,Permanente Center for Health ... that women who gained more than 40 pounds during ... heavy baby. Published in,the November issue of Obstetrics & ...
Cached Medicine Technology:New Study Shows that PEGASYS(R) Regimen Provides Higher Sustained Virological Response Rates for Hepatitis C Patients 2New Study Shows that PEGASYS(R) Regimen Provides Higher Sustained Virological Response Rates for Hepatitis C Patients 3New Study Shows that PEGASYS(R) Regimen Provides Higher Sustained Virological Response Rates for Hepatitis C Patients 4New Study Shows that PEGASYS(R) Regimen Provides Higher Sustained Virological Response Rates for Hepatitis C Patients 5New Study Shows that PEGASYS(R) Regimen Provides Higher Sustained Virological Response Rates for Hepatitis C Patients 6New Study Shows that PEGASYS(R) Regimen Provides Higher Sustained Virological Response Rates for Hepatitis C Patients 7Gaining Too Much Weight During Pregnancy Nearly Doubles Risk of Having a Heavy Baby 2Gaining Too Much Weight During Pregnancy Nearly Doubles Risk of Having a Heavy Baby 3
... Enhanced Durability for Excellent ... working with challenging cases. PT² ... of a linear elastic nitinol ... resilient polymer tip. This provides ...
... Separation System is an enabling ... separate cell populations into multiple ... and density. This flexible laboratory ... depletion, concentration, and washing ...
... is a positive-displacement, continuously ... designed to simplify multiple ... Gilson DistriTip syringes. DistriTips ... with level indicators. Three ...
... are lightweight and balanced for smooth, one-handed ... and comfort, reducing fatigue in even the ... a physician to easily steer the catheter ... just one finger. Reflexion's auto-lock technology keeps ...
Medicine Products: