Navigation Links
STAAR Surgical to Purchase Canon's Interest in Japanese Joint Venture
Date:10/26/2007

erated by Canon Marketing Japan and will be able to directly market its products. Ownership of STAAR Japan, and the termination of the principal joint venture agreements, will also give STAAR exclusive control over the rights to use STAAR's patents and other proprietary technology in Japan and China that were licensed to the joint venture at its inception in 1988 and under a Settlement Agreement entered into in 2001.

"The buy-out of Canon Staar brings us to a significant milestone in our international growth strategy," said David Bailey, President and CEO of STAAR Surgical. "We will have the capability to sell our cataract products directly in the large and growing Japanese market, which should yield enhanced gross margins and greater control over marketing and distribution. Our experience in Korea also suggests that with potential approval of our refractive products, the Visian ICL(TM) and Visian TICL(TM), Japan could become a large growth market for us. This transaction also strengthens our intellectual property position in Preloaded Injectors, which we believe will become the standard of care.

"Our partnership with the Canon companies has nurtured a technologically outstanding ophthalmic device maker in Japan," Mr. Bailey added. "Canon Staar introduced the world's first Preloaded Injector in 2003 and the first acrylic Preloaded Injector in 2006, and we believe it maintains leadership in this technology. The Canon companies' decision to sell their interest in this business gives STAAR, with its smaller scale and exclusive focus on ophthalmic implants, an opportunity to realize the full potential of the resources that we jointly developed in Japan. The significant stake in STAAR's equity that the Canon companies will have after the buy-out reflects both the importance of Canon's contribution to STAAR's future success and, we believe, the Canon companies' understanding that fully integrating the Japanese business into STAAR's worldwide business could yie
'/>"/>

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

Page: 1 2 3 4 5

Related medicine news :

1. Indonesian boy with huge neck tumor was surgically removed
2. New spray gel heals surgical wounds
3. FDA approves surgical gel
4. Lower surgical volume linked to higher death rate
5. Sleep apnoea linked to surgical risks
6. Treatment Of Brain Aneurysms By A New Non-Surgical Approach
7. Complete Robotic Surgery To Revolutionize Surgical Treatment of Prostate Cancer
8. Surgeon Attempts to Create A Surgical Hernia Feat
9. Researchers Aim To Develop Next Generation Of Surgical Robots
10. Arrow Embedded In Tribal’s Chest For Two Weeks Surgically Remove
11. Surgical Intervention to Solve Obesity and Related Problems
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:1/22/2015)... Gabe’s Chemo Duck Program is pleased to announce the ... created for kids with cancer. The Chemo Duck App, available on ... with enjoyable games to help children of all ages living with ... to keep kids entertained, educated and at ease while waiting for ...
(Date:1/22/2015)... (PRWEB) January 22, 2015 The Incredible Bulk ... Ben Pakulski to increase lean muscle by up to 30lbs ... caught the attention of HealthyandFitZone.com’s Stan Stevenson, prompting an investigative ... it is a step-by-step, scientific diet formula that allows the ...
(Date:1/22/2015)... AngelWeddingDress, the premier women’s dress supplier, has recently ... View website of AngelWeddingDress.com to find more details. ... online for a bridal party. AngelWeddingDress offers a variety ... Its maternity wedding dresses are specially designed for 2015. ...
(Date:1/22/2015)... 2015 A new white paper by ... person-centeredness in the long-term care environment as well as ... continuum. The paper, “The Power of Person-Centeredness in Long-Term ... practices of the patient, resident and family experience in ...
(Date:1/22/2015)... For over 20 years, Dr. David Cruz of ... area has treated just about every type of injury that can ... for those same twenty-plus years, the team at Doctors on ... the best possible doctor. With the combined breadth of ...
Breaking Medicine News(10 mins):Health News:Chemo Duck Launches First App Ever Created for Kids with Cancer 2Health News:Chemo Duck Launches First App Ever Created for Kids with Cancer 3Health News:The Incredible Bulk: Review Examining Ben Pakulski’s Brand New Bulking Muscle Building Diet Program Released 2Health News:AngelWeddingDress Has Recently Released Its Collection Of 2015 Maternity Wedding Dresses 2Health News:The Power of Person-Centeredness in Long-Term Care Explored by The Beryl Institute 2Health News:The Power of Person-Centeredness in Long-Term Care Explored by The Beryl Institute 3Health News:Industry Leading Chiropractor in Oceanside Joins the Doctors on Liens Network 2
... a kind of disability. Researchers at Pope University, have found ... of aged people between 51 and 62.// ,Those ... cent more likely to report disabilities with respect to work ... greater risk. These were people who drank more than three ...
... aspirin because it thins the blood and prevents the ... widely used class of pain relievers known as nonsteroidal ... other aches and pains. The popular pain reliever ibuprofen ... study that sounds a warning for people who take ...
... are infected with HIV every year in the US, with ... of all U.S. patients with the AIDS virus have an ... to treat it. // Drug-resistant HIV had spread faster and ... normal lives were becoming increasingly limited in their usefulness. ...
... offer some protection against adult-onset diabetes.,An expert behind the ... benefit now by adding the spice to their food.// ... more prevalent than insulin-dependent diabetes, which normally begins earlier ... and insulin injections. It happens when cells in the ...
... is responsible for people who find it impossible to stay ... new treatments for jet lag//, insomnia and seasonal depression. ... cannot stay awake much after 8.30pm and who wake up ... advanced sleep-phase syndrome". This means the person's body clock is ...
... they have discovered the Holy Grail of bad smells ... effects of flatulence. American researchers believe the answer to ... that an object called a Toot Trapper, a cushion ... to almost unnoticeable levels. ,The scientists from ...
Cached Medicine News:Health News:Sniff out flatulence, 2
(Date:1/22/2015)... privately held medical device company, announced today that it ... Corporation (Tokyo Stock Exchange TYO: 8001) to sell its ... in Japan . ViewRay,s technology, the ... MRI-guided radiation therapy system that images and treats cancer ...
(Date:1/22/2015)... /PRNewswire/ - Pivotal Therapeutics Inc. (OTCQX:PVTTF; CSE:PVO), ("Pivotal" or the "Company"), ... for cardiovascular disease and overall health is pleased to provide ... and its outlook for 2015 from the CEO, Mr. ... We would like to take this opportunity to share with ...
(Date:1/22/2015)... , Jan. 22, 2015 Increasing sophistication among enterprise ... of localization purchasing in 2015, says Moravia ... a recent study by market research firm Common Sense ... solution for their translation and localization needs. "From a ...
Breaking Medicine Technology:ITOCHU Named the Exclusive Distributor for ViewRay's MRI-Guided Radiation Therapy System in Japan 2Pivotal Therapeutics: Year in Review and CEO Update 2Pivotal Therapeutics: Year in Review and CEO Update 3Pivotal Therapeutics: Year in Review and CEO Update 4Pivotal Therapeutics: Year in Review and CEO Update 5Pivotal Therapeutics: Year in Review and CEO Update 6Pivotal Therapeutics: Year in Review and CEO Update 7Moravia Sees Single-Sourcing as Key Localization Trend in 2015 2
... , SAN DIEGO , July 22 Neurocrine Biosciences, Inc. ... quarter 2010 financial results after the Nasdaq market closes on Wednesday, July ... to discuss its financial results and provide a Company update Thursday morning, ... a.m. Pacific Time ). , , ...
... 22 VirtualScopics, Inc. (Nasdaq: VSCP ), ... announced today that it has been added to the ... to provide a comprehensive and unbiased barometer for the ... in the Russell Microcap Index, which remains in place ...
Cached Medicine Technology:Neurocrine Biosciences Announces Conference Call and Webcast to Report Second Quarter 2010 Financial Results 2VirtualScopics Added to Russell Microcap Index 2VirtualScopics Added to Russell Microcap Index 3VirtualScopics Added to Russell Microcap Index 4
... factory-quality repairs, physicians know their instruments will ... turn to Mobile Instrument for instrument repair ... full line of carbide inserts and all ... control process. You'll enjoy 24-hour turnaround from ...
... We repair most Olympus fiber and ... and intubation scopes used in OR and ... all repairs meet or exceed the standards ... with a 120-day warranty against defects in ...
Inquire...
... your scope arrives, an ISI technician carefully ... any and all problems, and provides you ... that you may be working within a ... repairs. With customer approval, the intricate work ...
Medicine Products: