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Alphaeon to Acquire Eye-Surgery Laser Developer Lensar

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Seeking to expand its ophthalmology products business, Alphaeon Corp. will acquire femtosecond laser developer Lensar Inc. for up to $59 million by the end of the year. Founded in 2004 and based in Orlando, Fla., Lensar makes laser systems used in cataract treatment that enable automation of several critical surgical procedure planning and delivering elements. "Lensar has advanced the self-pay category of precision refractive surgery both for ophthalmologists as well as their patients," said Robert E. Grant, CEO of Alphaeon. "The addition of Lensar to our lifestyle product...Read full article

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    Published: November 2015
    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,...
    BusinessAmericasCaliforniaFloridaAlphaeonLensarLasersophthalmologyacquisitionsRobert GrantNick CurtisBiophotonicsRapidScan

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