Alcon LADARVision Press Release
Alcons LADARVision Approved
Hünenberg, Switzerland October 21, 2002 Alcon, Inc. (NYSE: ACL) has announced that the U.S. Food and Drug Administration (FDA) approved its customized wavefront-guided laser eye surgery application. Alcon is the first company to receive FDA approval for customized LASIK surgery using a wavefront measurement device and an excimer laser.
by FDA for Customized LASIK Surgery
Utilizing the LADARVision® 4000 excimer laser and the LADARWave® wavefront measuring device, Alcon brings an integrated system approach to customized laser eye surgery. High and low order aberrations unique to each patients eye are captured by the LADARWave aberrometer. This information is then transferred to the LADARVision 4000 laser, where it is electronically registered and computer matched to create the precision ablation required in customized laser eye surgery.
Wavefront-guided customized laser surgery has the potential to improve visual acuity and enhance overall vision quality as compared to todays conventional LASIK. Treating optical aberrations, which impact low-contrast visual activities such as night driving, will improve the patients quality of vision,
said Dr. Stephen Brint, Associate Professor of Ophthalmology at Tulane University School of Medicine and one of the five surgeons participating in the clinical investigations.
Clinical trials are ongoing for the treatment of myopic astigmatism, hyperopia with and without astigmatism and other ocular irregularities.
The ophthalmic community has eagerly anticipated this technology,
said Bill Barton, VP and General Manager, Surgical Division.
We are proud to be the first in the industry to offer an approach that provides surgeons the ability to control the visual effects of higher order aberrations.
Alcon, Inc. is the worlds leading eye care company. Alcon, which has been dedicated to the ophthalmic industry for more than 50 years, develops, manufactures and markets pharmaceuticals, surgical equipment and devices, contact lens solutions and other vision care products that treat diseases, disorders and other conditions of the eye. The LADARVision 4000 and other refractive products are commercially available in the United States and International markets.
Caution Concerning Forward-Looking Statements. This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, relating principally to our ability to successfully market and sell the system for wavefront-guided laser eye surgery. These statements involve known and unknown risks,
uncertainties and other factors which may cause our actual results, performance or achievements to be materially different from any future results, performances or achievements expressed or implied by our forward-looking statements. These statements reflect the views of our management as of the date of this press release with respect to future events and are based on assumptions and subject to risks and uncertainties. Given these uncertainties, you should not place undue reliance on these forward-looking statements. Factors that might cause future results to differ include, but are not limited to, the following: general economic conditions in the United States and internationally; technological advances attained by our competitors; challenges inherent in new product marketing; and government regulation and legislation. You should read this press release with the understanding that our actual future results may be materially different from what we expect. Except to the extent required under the federal securities laws and the rules and regulations promulgated by the Securities and Exchange Commission, we undertake no obligation to publicly update or revise any of these forward-looking statements, whether to reflect new information or future events or circumstances or otherwise.
Cautionary Statement under "Safe harbor" Provisions of the Private Securities Litigation Reform Act of 1995: Statements made in this news release contain information about the Companys future business prospects. These statements may be considered "forward looking". These statements are subject to risks and uncertainties that could cause actual results to differ materially from those set forth in or implied by such forward looking statements. Among these risks and uncertainties are: competition from other manufacturers and vision correction technologies, delays in obtaining regulatory approvals, challenges to patents owned and licensed by the Company affecting per procedure revenues, adverse litigation results, difficulties in commercializing the LADARVision system and dependence on sole source suppliers. For additional information and risks associated with the Companys business prospects and future operating results, please refer to Summits public filings with the Securities and Exchange Commission.