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Abbott

Abbott Completes Visiogen Acquisition

Published in Medical Device Business Week, November 4th, 2009

Abbott (NYSE:ABT) announced that it has completed its acquisition of privately held eye care company Visiogen, expanding the company's vision care business with a next-generation accommodating intraocular lens (IOL) technology to address presbyopia for cataract patients.

Visiogen's Synchrony=AE accommodating IOL is a significant advancement in artificial lens technology. It is designed to mimic the eye's natural ability to change focus (accommodation), delivering improved vision at all distances, potentially eliminating the need for glasses or contact lenses, reducing glare and nighttime halos, and improving contrast sensitivity.

Abbott's $400...

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