Navigation Links
STAAR Surgical Completes $5M Debt Financing for Purchase of Japanese Joint Venture
Date:12/17/2007

MONROVIA, Calif., Dec. 17 /PRNewswire-FirstCall/ -- STAAR Surgical Company (Nasdaq: STAA), a leading developer, manufacturer and marketer of minimally invasive ophthalmic products, today announced that it has borrowed $5.0 million from Broadwood Partners, L.P. under a senior promissory note to fund its purchase of the remaining interests of Canon Staar Co., Inc. This joint venture was formed by STAAR, Canon Inc. and Canon Marketing Japan, Inc. in 1988 to develop, manufacture and sell in Japan products using STAAR's technology. The pending purchase of the Canon companies' 50% interest in Canon Staar -- first announced on October 26, 2007 -- will result in Canon Staar becoming a wholly owned subsidiary of STAAR, to be renamed STAAR Japan Inc.

"This agreement permits us to achieve a key component of our ongoing international growth strategy -- closing the Canon Staar buy-out by the end of 2007 -- without tapping our working capital," said Barry G. Caldwell, President & CEO of STAAR Surgical. "The acquisition gives STAAR exclusive global control of all of our innovative proprietary products and technology, including the Visian ICL(TM), our Collamer(R) lens material and Collamer IOLs, and the preloaded IOL injector, and will allow us to market our cataract products directly into the large and growing Japanese market. Though the successful integration of the business presents a distinct set of challenges, we are excited by the long-term opportunities for growth in this region. This agreement allows STAAR to invest in further expansion of its international business without diverting working capital from our other growth strategies in 2008."

Broadwood provided the $5 million funding on December 14, 2007 pursu
'/>"/>

SOURCE STAAR Surgical Company
Copyright©2007 PR Newswire.
All rights reserved

Page: 1 2 3 4

Related medicine news :

1. STAAR Surgical Reports Operational Progress
2. STAAR Surgical Announces Third Quarter 2007 Earnings Release Date and Conference Call
3. STAAR Surgical to Purchase Canons Interest in Japanese Joint Venture
4. STAAR Surgical Reports Third Quarter Results
5. Barry G. Caldwell Named Chief Executive Officer of STAAR Surgical
6. STAAR Surgical to Present at the BMO Capital Markets Focus on Healthcare Conference
7. New study shows promise in reducing surgical risks associated with surgical bleeding
8. Pioneer Surgical Technology Hires Vice President of New Business Development
9. Symmetry Medical Completes Acquisition Of Specialty Surgical Instruments
10. Innocoll Agrees the Sale of its CollaRx(R) GENTAMICIN SURGICAL IMPLANT and European Sales and Marketing Infrastructure to EUSA Pharma
11. Revolutionary HD Surgical Footage from North Shore-LIJ Surgeon to be Broadcast for the First Time on ABCs 20/20, National Geographic Channel
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:9/20/2014)... 2014 Ticket Down is a ... for her 2015 “Honeymoon Tour.” This well-known ticket exchange ... savings. , In early 2015, fans will have a chance ... across North America. Twenty-one-year-old Ariana Grande will hit the road ... her to 25 cities across the United States and Canada. ...
(Date:9/20/2014)... New York, New York (PRWEB) September 20, 2014 ... of power morcellators ( http://www.injurybeacon.com/power-morcellator/ ) in ... notes that yet another insurer has announced plans ... a statement posted on its website last month, ... such procedures effective November 1, 2014. The insurer ...
(Date:9/20/2014)... Recently, Best Cheap Hosting USA (best-cheap-hosting-usa.com), ... new website. The new site provides the latest ... for customers. Here, people can find a lot ... Also, it has recommended some excellent web hosting ... the great web hosting suppliers, InMotion ( http://www.best-cheap-hosting-usa.com/go/InMotion/ ...
(Date:9/20/2014)... dentists have advised their patients against drinking coffee and wine. ... that advice and changing his stance after considering two recent ... oral health. “There’s good news and great news,” says Dr. ... protecting against gum disease, and red wine can help fight ... the September 2014 issue of Boston University School of ...
(Date:9/20/2014)... September 20, 2014 Recently, UWDress.com, an ... and women’s special occasion outfits, has launched a special ... company’s prom outfits are popular among worldwide clients. Now, ... wholesale prom dresses on its website. , ... customers from around the world. Great custom made items ...
Breaking Medicine News(10 mins):Health News:Ariana Grande Tickets in New York, Philadelphia, Orlando, Fairfax, Worcester, Toronto, Uncasville, Detroit, Miami, Pittsburgh, Cleveland, and Atlanta On Sale Today 2Health News:Ariana Grande Tickets in New York, Philadelphia, Orlando, Fairfax, Worcester, Toronto, Uncasville, Detroit, Miami, Pittsburgh, Cleveland, and Atlanta On Sale Today 3Health News:As Power Morcellator Concerns Grow, Bernstein Liebhard LLP Notes Another Insurer’s Decision to Drop Coverage for Uterine Morcellation 2Health News:As Power Morcellator Concerns Grow, Bernstein Liebhard LLP Notes Another Insurer’s Decision to Drop Coverage for Uterine Morcellation 3Health News:Best Cheap Hosting USA Launches Its New Website And Recommends InMotion To Worldwide People 2Health News:South Charlotte Dentist, Dr. James Wells, is Changing His Advice on Coffee and Wine Drinking 2Health News:South Charlotte Dentist, Dr. James Wells, is Changing His Advice on Coffee and Wine Drinking 3Health News:Discounted 2014 Prom Dresses Provided By Innovative Company UWDress.com 2
... predictive tools, but not all agree , TUESDAY, Sept. 29 (HealthDay ... a milder interruption of blood flow to the brain, called a ... because of that, the researchers conclude, such an attack is ... implication of this study is that we cannot rely on the ...
... ... by a national nutrition company…A FREE 4 Week Personal Nutrition Plan guaranteed to ... ... boldest move ever constructed by a respected national nutrition company, Max Muscle Sports Nutrition ...
... ... (HFO) has added a new online continuing education (CE/CEU) course entitled ... nationally-approved CE courses for mental health professionals, nurses and allied healthcare ... that may occur close to death in a situation of physical ...
... ... Dr. Katz , ... (PRWEB) September 29, 2009 -- Foot pain and foot care come in all ... and ankle pain and are growing frustrated with continuous visits to their doctors. One physician, ...
... Organization (WHO) estimated that globally 400 million adults were obese, ... or greater. WHO projects that by 2015 there will ... is considered to be one of the greatest risk factors ... loss of joint cartilage. Researchers from Duke University, supported ...
... ... , ... 28, 2009 -- Keystone Mercy Health Plan , a member of the AmeriHealth ... members of the press to join Lt. General Russel Honoré , who is best known ...
Cached Medicine News:Health News:Mini-Stroke Found to Precede 1 in 8 Strokes 2Health News:Mini-Stroke Found to Precede 1 in 8 Strokes 3Health News:President Announces Free Health Plan 2Health News:President Announces Free Health Plan 3Health News:New Online Continuing Education Course on Near-Death Experience Added to HealthForumOnline's Library for Mental Health Professionals 2Health News:New Online Continuing Education Course on Near-Death Experience Added to HealthForumOnline's Library for Mental Health Professionals 3Health News:New Online Continuing Education Course on Near-Death Experience Added to HealthForumOnline's Library for Mental Health Professionals 4Health News:New Online Continuing Education Course on Near-Death Experience Added to HealthForumOnline's Library for Mental Health Professionals 5Health News:Dr. Marc Katz, Leading Podiatric Surgeon Adds High Powered Color Ultrasound To Cryosurgery Procedures and Treatments 2Health News:Study suggests obesity alone does not cause knee osteoarthritis in mice 2Health News:Katrina Hero, Lt. General Russel Honor (Ret.), to Speak on H1N1 Flu Preparedness at Press Briefing Following AmeriHealth Mercy/PerformRx Conference 2
(Date:9/19/2014)... -- Kiromic, LLC, a Lubbock bio-pharmaceutical ... the former chancellor of Texas Tech University, to its board ... 2014, after raising $1.2 billion for the university. ... the most successful chancellor in the history of Texas Tech ... investor, but also as our new vice chairman of the ...
(Date:9/19/2014)... PARK, N.C. , Sept. 19, 2014 /PRNewswire/ ... on cloud-based drug design and development, partnering is ... company,s mission is to design new drugs and ... and 2 partners to further their development. The ... portfolio investments. To support this business model, Cloud ...
(Date:9/19/2014)... , Sept. 19, 2014 Merck (NYSE: ... and Canada , is teaming with ... La Diabetes: Logra Tus Metas , an educational program encouraging Hispanics ... sugar -- a key treatment goal to help reduce the risk ... are at a higher risk for developing type 2 ...
Breaking Medicine Technology:Former Texas Tech Chancellor Named New Vice Chairman of the Board of Kiromic, LLC 2Cloud Pharmaceuticals Announces Partnering Sessions and Presentation Schedule 2Celebrity Chef Leticia Moreinos Schwartz Partners with Merck on Desafiando La Diabetes: Logra Tus Metas to Urge Hispanics With Type 2 Diabetes to Get to Their A1C Goal 2Celebrity Chef Leticia Moreinos Schwartz Partners with Merck on Desafiando La Diabetes: Logra Tus Metas to Urge Hispanics With Type 2 Diabetes to Get to Their A1C Goal 3Celebrity Chef Leticia Moreinos Schwartz Partners with Merck on Desafiando La Diabetes: Logra Tus Metas to Urge Hispanics With Type 2 Diabetes to Get to Their A1C Goal 4Celebrity Chef Leticia Moreinos Schwartz Partners with Merck on Desafiando La Diabetes: Logra Tus Metas to Urge Hispanics With Type 2 Diabetes to Get to Their A1C Goal 5
... Holdings, Inc., (NYSE: HRC ) invites you to ... Global Healthcare Conference in New York City on February 15, ... to listen to the live discussion via the internet link ... .  A recorded replay of the discussion will be available ...
... 2012  The buzz is growing stronger and stronger for ... Pharma CI Europe Conference on February 21-22, 2012 at ... ). "With more than 150 top pharmaceutical executives already ... sure to make waves among the industry,s influential decision ...
Cached Medicine Technology:World's Leading Pharmaceutical Executives All Converging in Zurich, Switzerland on February 21-22, 2012 for Breakthrough Event 2
... settings where a more secure band is desired ... to apply but difficult to remove wristband is ... suit the child. An additional label is supplied ... to ensure proper identification of the child. This ...
The IDENTI-PRINT II ID system functions as a complete, hospital wide patient identification system. It integrates the benefits of bedside labeling into a multipurpose ID band that consolidates admitt...
... IDENTI-PRINT system facilitates bedside labeling of ... blood bank and nursing personnel where ... band. The combination admitting ID band ... hospital-wide patient identification system in facilities ...
Zebras H 2824-Z Healthcare Starter Kit includes everything you need to start printing wristbands today: the H 2824-Z direct thermal printer, a pre-installed Media Adapter Guide, and a roll of adult-s...
Medicine Products: