Navigation Links
LCA-Vision New Excimer Laser Strategy to Reduce Operating Expenses in Excess of $3 Million Annually
Date:3/10/2009

CINCINNATI, March 10 /PRNewswire-FirstCall/ -- LCA-Vision Inc. (Nasdaq: LCAV) today announced that following a rigorous clinical comparison of excimer laser platform technologies, the Company has finalized plans to reduce the number of platforms at each of its LasikPlus(R) vision centers from three to two. The Company expects this will reduce annual operating expenses in excess of $3 million when the program is implemented fully no later than the end of the third quarter of 2009. New agreements with equipment manufacturers will also provide sufficient cash to allow LCA-Vision to retire $2.1 million of capital lease obligations immediately and will fund additional cash to its balance sheet by the end of the third quarter. The Company expects to begin implementing the program later this month. The Company expects this program to result in a significant reduction in operating expenses and improvement of its already strong balance sheet.

Under the plan, LCA-Vision will standardize excimer treatment platforms through five-year relationships with Abbott Medical Optics Inc., (AMO) (formerly Advanced Medical Optics, Inc.) for the VISX Star S4 IR excimer laser and Alcon Laboratories, Inc. for the ALLEGRETTO WAVE(R) Eye-Q 400Hz excimer laser. LasikPlus(R) vision centers will continue to offer the same broad spectrum of treatment options that includes standard treatment, a custom wavefront guided treatment and an optimized treatment, as well as the IntraLase femotsecond technology.

"We are capitalizing on an opportunity afforded by advancements in excimer laser platforms, which allow us to reduce the number of lasers per center and lower costs while ensuring our continued ability to achieve industry-leading clinical outcomes," said Steven C. Straus, Chief Executive Officer of LCA-Vision. "Importantly, we made this
'/>"/>

SOURCE LCA-Vision Inc.
Copyright©2009 PR Newswire.
All rights reserved

Page: 1 2 3 4

Related medicine news :

1. The LCA-Vision Full Value Committee Urges LCA-Vision (NASDAQ: LCAV) Stockholders to Reject the Status Quo
2. Leading Proxy Advisory Firm RiskMetrics Recommends Shareholders Support LCA-Vision Board of Directors and Reject All Proposals by Dissident Joffe Group
3. LCA-Vision to Present at the Raymond James 30th Annual Institutional Investors Conference
4. Glass Lewis Recommends Shareholders Support LCA-Vision Board of Directors and Reject All Three Proposals by Dissident Joffe Group
5. The LCA-Vision Full Value Committee Files Detailed Presentations
6. LCA-Vision Reports Tangible Results from Business Strategy
7. LCA-Vision Announces Appointment of Edgar F. Heizer to Board of Directors
8. LCA-Vision Announces Consent Solicitation Deadline; Urges Stockholders to Return Gold Consent Revocation Card
9. LCA-Vision Announces Fourth Quarter and Full Year 2008 Financial Results
10. LCA-Visions National Lasik Network Named as U.S. Provider for National Vision Administrators
11. The LCA-Vision Full Value Committee Commences Consent Solicitation to Elect New Board of Directors at LCA-Vision (Nasdaq: LCAV) and Sends Letter to Stockholders
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:7/13/2014)... The North American water storage systems market ... $5,450 million by 2018, at a CAGR of 21.0%, from ... at a rapid pace in North America. The U.S. is ... water & wastewater storage and collection, and the increased spending ... expanding at a healthy rate in Canada, and is rising ...
(Date:7/13/2014)... 13, 2014 Advanced boilers are ... least amount of fossil fuels, produce high-capacity power, ... to increased global warming and climate change concerns, ... reduce harmful gas emissions and pollutants coming from ... in the global advance boilers market., The global ...
(Date:7/13/2014)... 2014 MarketsandMarkets recently conducted a ... 3D Scanning; 3D rendering; Layout and Animation; Image ... - 2018)”, which analyzes and studies the major ... Western Europe, Eastern Europe, Middle East and Africa, ... the competitive landscape of the 3D imaging market, ...
(Date:7/13/2014)... The Pearland, Texas location of The Little Gym, a gymnastics ... 12 years of age that offers everything from gymnastics, dance, ... Camps, is now under new ownership. , Kevin Berry comes ... over six years at The Little Gym of Bellaire in ... has over ten years of experience working with children, including ...
(Date:7/13/2014)... Recently, 2014QuinceaneraDresses.com, the distinguished special occasion dress manufacturer ... gorgeous Quinceanera dresses . , In ... outfits is huge. Therefore, 2014QuinceaneraDresses.com is striving to ... released dresses are made according to the latest ... , It is worthy of mention that ...
Breaking Medicine News(10 mins):Health News:North American Water Storage Systems Market is Expected to Reach $5,450 million by 2018 - New Report by MicroMarket Monitor 2Health News:North American Water Storage Systems Market is Expected to Reach $5,450 million by 2018 - New Report by MicroMarket Monitor 3Health News:North America Advanced Boilers Market is Expected to Reach $518.7billion by 2019 - New Report by MicroMarket Monitor 2Health News:North America Advanced Boilers Market is Expected to Reach $518.7billion by 2019 - New Report by MicroMarket Monitor 3Health News:3D Imaging Market Worth $9.82 Billion By 2018 - Report by MarketsandMarkets 2Health News:3D Imaging Market Worth $9.82 Billion By 2018 - Report by MarketsandMarkets 3Health News:3D Imaging Market Worth $9.82 Billion By 2018 - Report by MarketsandMarkets 4Health News:The Little Gym of Pearland, TX Now Under New Ownership and Management 2Health News:2014QuinceaneraDresses.com Releases Its New Quinceanera Dresses 2
... BEACH, Calif., Nov. 29 Diabetes Response,Service, the ... the United States and Canada December 1st, 2007 ... who monitor the subscribers to,prevent hypoglycemia and complications ... Diabetes Response Service provides customizable,scheduled text message reminders ...
... the More You Care About AIDS, World Vision ... ,Put a Face on the Pandemic, UNITED NATIONS, ... discovered, one-third of the people in seven wealthy nations,admit ... and AIDS epidemic,and one-fourth believe the problem is "greatly ...
... the female hormone , THURSDAY, Nov. 29 (HealthDay News) ... often given with estrogen in hormone replacement therapy -- ... say. , They conducted tests on female mice genetically ... this conclusion. , Treatment with estrogen blocked the Alzheimer,s-like ...
... Consortium Health to Create New, Database File Storage ... CAMPBELL, Calif., Nov. 29 ONStor Inc., the ... enterprise, today,announced that Consortium Health Plans, Inc., a ... Shield Plans, has chosen the ONStor,Bobcat Series NAS ...
... Administration (FDA) has accepted for filing the New, Drug ... therapy in the treatment of partial ... 29 UCB announced today that the U.S. Food,and ... Application,(NDA) for the use of lacosamide as adjunctive therapy ...
... Medco Health,Solutions, Inc. (NYSE: MHS ) today announced ... The stock split, effected in the form,of a dividend, will ... Jan. 10, 2008 to receive one additional share of Medco ... dividend will be,distributed on Jan. 24, 2008., Since becoming ...
Cached Medicine News:Health News:Diabetes Response Service Launches in U.S. and Canada 2Health News:AIDS Ignorance: One-Third of Adults Admit Little or No Knowledge of Pandemic 2Health News:AIDS Ignorance: One-Third of Adults Admit Little or No Knowledge of Pandemic 3Health News:AIDS Ignorance: One-Third of Adults Admit Little or No Knowledge of Pandemic 4Health News:Progesterone Won't Shield Women Against Alzheimer's 2Health News:Consortium Health Plans Cuts Down on Power Usage and Cooling in Its Data Center Using ONStor's Green Clustered NAS Solution 2Health News:Consortium Health Plans Cuts Down on Power Usage and Cooling in Its Data Center Using ONStor's Green Clustered NAS Solution 3Health News:UCB Announces FDA Filing for lacosamide in the Treatment of Partial Onset Seizures in Adults with Epilepsy 2Health News:UCB Announces FDA Filing for lacosamide in the Treatment of Partial Onset Seizures in Adults with Epilepsy 3Health News:Medco Announces Two-For-One Stock Split 2Health News:Medco Announces Two-For-One Stock Split 3Health News:Medco Announces Two-For-One Stock Split 4Health News:Medco Announces Two-For-One Stock Split 5
(Date:7/11/2014)... , July 11, 2014  Australian drug delivery ... that it has raised A$19.3 million via a placement ... Europe , the U.S., Asia ... million from a share purchase plan (SPP) to be ... will be made in two tranches. "This ...
(Date:7/11/2014)... , July 11, 2014 ... to Safety & Health Expo 2014 were ... move to London , ... attending exhibition.          ... http://photos.prnewswire.com/prnh/20140711/696892-a )      (Photo: ...
(Date:7/10/2014)... 2014  Breg, Inc., a premier provider of ... FreeRunner™ knee brace with new innovations to help ... return to active lifestyles.  FreeRunner,s patent-pending design acts ... support when patients need it most, and the ... Patellofemoral issues are the most common cause ...
Breaking Medicine Technology:Phosphagenics' A$19.3 million Capital Raising 2Phosphagenics' A$19.3 million Capital Raising 3UK's Flagship Health & Safety Event Has Successful Inaugural Year in London 2UK's Flagship Health & Safety Event Has Successful Inaugural Year in London 3UK's Flagship Health & Safety Event Has Successful Inaugural Year in London 4Breg Introduces Knee Brace to Help Runners with Patellofemoral Pain Syndrome 2
... Oct. 12 "The FDA,s just approved monthly drug treatment ... largest substance abuse treatment provider, CRC Health Group, Recovery Division ... country. Rhodes said the new treatment regimen "will provide addicts ... a new way to reduce or eliminate relapse. We are ...
... (NYSE: WPI ), a leading specialty pharmaceutical company, ... quarter 2010 financial results on Thursday, November 4, 2010 prior ... will also host a conference call and webcast at 8:30 ... its financial results and provide an update on the Company,s ...
Cached Medicine Technology:FDA's Just Approved Monthly Drug Treatment, Vivitrol Could Be 'Game Changer,' Says Country's Largest Drug Treatment Recovery President, CRC's Jerry Rhodes; Provides Addicts 'One Decision A Month Instead of 30' 2Watson to Host Conference Call and Webcast to Discuss Third Quarter 2010 Earnings 2
... national reference laboratory and a worldwide leader ... offers an extensive test menu of highly ... and anatomic pathology. Owned by the University ... than half of the nation's university teaching ...
... ARUP Laboratories is a national reference ... laboratory research and development. ARUP offers an ... unique medical tests in clinical and anatomic ... ARUP Laboratories' clients include more than half ...
... reference laboratory and a worldwide leader in ... an extensive test menu of highly complex ... anatomic pathology. Owned by the University of ... half of the nation's university teaching hospitals ...
... a national reference laboratory and a worldwide ... ARUP offers an extensive test menu of ... clinical and anatomic pathology. Owned by the ... more than half of the nation's university ...
Medicine Products: