Tuesday, September 8, 2009

Abbott Acquires Visiogen for Cash-$400M

Abbott is expanding its vision care portfolio with the acquisition of California based Visiogen. Read the press release here. At the center of Visiogen's business is their accomodating intraocular lenses (IOL) named Synchrony. These IOLs have the potential to eliminate the need for glasses or contact lenses by providing improved vision at any distance with less glare and other side effects.


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