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Zeiss Meditec Acquires US Intraocular Lens Maker

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Carl Zeiss Meditec Inc., the US subsidiary of Jena-based Carl Zeiss Meditec AG, has expanded its offerings in surgical ophthalmology with the purchase of Aaren Scientific Inc. of Ontario, a manufacturer of intraocular lenses (IOLs). The purchase price was not disclosed. The majority of Aaren Scientific's shares previously were owned by a private investment company and other investors, including its CEO and co-founder, Rick Aguilera. Aguilera and the existing management team will remain with the company after the transaction, Zeiss said. “Aaren’s world-class line of...Read full article

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    Published: January 2014
    Glossary
    ophthalmology
    Ophthalmology is a branch of medicine that focuses on the anatomy, physiology, and diseases of the eyes and visual system. Ophthalmologists are medical doctors who specialize in the diagnosis, treatment, and prevention of eye disorders and diseases. They are trained to provide comprehensive eye care, including medical, surgical, and optical interventions. Key areas within ophthalmology include: General eye care: Ophthalmologists perform routine eye examinations to assess visual acuity,...
    Aaren ScientificacquisitionsAmericasBiophotonicsBusinessCarl Zeiss Meditec AGCarl Zeiss Meditec Inc.Dr. Ludwin MonzEuropeintraocular lenseslensesMaterials & ChemicalsophthalmologyOpticsRapidScanRick Aguilera

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