Incorporated in 1947, Alcon is headquartered in Hunenberg, Switzerland, and is majority owned by Nestle SA. Interestingly, however, rival Novartis acquired a block of just under 25% of Alcon's issued share capital in April 2008.Alcon develops, manufactures and markets eye care products in over 180 countries. These include ophthalmic surgical equipment and devices designed for cataract, vitreoretinal and refractive surgery; pharmaceutical products for the treatment of glaucoma, eye infections, inflammation and allergies; and consumer vision care products which include artificial tears, contact lens care solutions and ocular nutrition. This report focuses on the company's surgical products business.Alcon's main competitors in the ophthalmic surgical market include Abbott Medical Optics (AMO, formerly Advanced Medical Optics) and Bausch & Lomb. In the contact lens care product market, Alcon's principal competitors are CIBA Vision (a Novartis company), Allergan, Johnson & Johnson's Vistakon, AMO, Bausch & Lomb and, in Japan, Rohto Pharmaceutical Company. Other competitors include Merck & Co, Lumenis, Cooper Companies, Carl Zeiss Meditec and Santen Pharmaceutical Company.By mid-2009, Alcon had amassed a 95% stake in Germany-based WaveLight AG, a developer, manufacturer and marketer of refractive laser and diagnostic systems, including the ALLEGRETTO laser system for refractive eye surgery. The purchase will help Alcon to better support cataract and refractive customers.Alcon's global sales grew by 12.4% to US$6,293.7 million in the year ended 31st December 2008. Of this increase, 2.9% was attributable to favourable exchange rates. The acquisition of WaveLight contributed 1.2 percentage points of sales growth in 2008. US surgical sales benefited from increased sales of AcrySof monofocal intra-ocular lenses (or IOLs) and advanced technology IOLs, including AcrySof ReSTOR and AcrySof Toric IOLs, as well as higher sales of other cataract, vitreoretinal and refractive products.
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Alcon Medical Device Company Intelligence Report
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Alcon Medical Device Company Intelligence Report
Published on November 2009
Report Summary
Incorporated in 1947, Alcon is headquartered in Hunenberg, Switzerland, and is majority owned by Nestle SA. Interestingly, however,
rival Novartis acquired a block of just under 25% of Alcon's issued share capital in April 2008.
Alcon develops, manufactures and markets eye care products in over 180 countries. These include ophthalmic surgical equipment
and devices designed for cataract, vitreoretinal and refractive surgery; pharmaceutical products for the treatment of glaucoma, eye
infections, inflammation and allergies; and consumer vision care products which include artificial tears, contact lens care solutions and
ocular nutrition. This report focuses on the company's surgical products business.
Alcon's main competitors in the ophthalmic surgical market include Abbott Medical Optics (AMO, formerly Advanced Medical Optics)
and Bausch & Lomb. In the contact lens care product market, Alcon's principal competitors are CIBA Vision (a Novartis company),
Allergan, Johnson & Johnson's Vistakon, AMO, Bausch & Lomb and, in Japan, Rohto Pharmaceutical Company. Other competitors
include Merck & Co, Lumenis, Cooper Companies, Carl Zeiss Meditec and Santen Pharmaceutical Company.
By mid-2009, Alcon had amassed a 95% stake in Germany-based WaveLight AG, a developer, manufacturer and marketer of
refractive laser and diagnostic systems, including the ALLEGRETTO laser system for refractive eye surgery. The purchase will help
Alcon to better support cataract and refractive customers.
Alcon's global sales grew by 12.4% to US$6,293.7 million in the year ended 31st December 2008. Of this increase, 2.9% was
attributable to favourable exchange rates. The acquisition of WaveLight contributed 1.2 percentage points of sales growth in 2008. US
surgical sales benefited from increased sales of AcrySof monofocal intra-ocular lenses (or IOLs) and advanced technology IOLs,
including AcrySof ReSTOR and AcrySof Toric IOLs, as well as higher sales of other cataract, vitreoretinal and refractive products.
Table of Content
OVERVIEW
- Recent Key Events
FINANCIAL REVIEW
FINANCIAL RESULTS: FIRST THREE QUARTERS, 2009
Alcon ' Consolidated Quarterly Financial Indicators, 2008-2009
Alcon ' Consolidated Quarterly Revenues by Segment, 2008-2009
Alcon ' Consolidated Quarterly Revenues by Geographic Market, 2008-2009
Alcon ' Quarterly Surgical Revenues by Geographic Market, 2008-2009
Alcon ' Quarterly Surgical Revenues by Product Type, 2008-2009
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FINANCIAL RESULTS, 2008
Alcon ' Consolidated Annual Financial Results, 2004-2008
Alcon - Annual Revenues and Operating Income, 2004-2008
Alcon ' Consolidated Annual Revenues by Segment, 2004-2008
Alcon - Annual Revenues by Business Segment, 2004-2008
Alcon ' Consolidated Annual Revenues by Geographic Market, 2004-2008
Alcon - Annual Revenues by Geographic Area, 2004-2008
Alcon ' Annual Surgical Revenues by Geographic Market, 2004-2008
Alcon ' Annual Surgical Revenues by Product Type, 2004-2008
Alcon - Annual Surgical Revenues by Product Type, 2005-2008
FIVE-YEAR FINANCIAL DATA
Alcon - Five-Year Financial Summary, 2004-2008
OUTLOOK
- Employees
Alcon ' Employees by Geographic Location, 2006-2008
STRATEGIC FOCUS
- Cataract Surgery
- Vitreoretinal Surgery
- Refractive Surgery
PRODUCTS
Alcon - Sales by Product Area, 2008
Alcon - Recent Surgical Product Approvals
CATARACT SURGERY PRODUCTS
INFINITI Vision System
- AcrySof Intraocular Lenses
- AcrySof Natural
- AcrySof IQ
- AcrySof ReSTOR/AcrySof ReSTOR Aspheric
- AcrySof Toric
LAUREATE SYSTEM
VISCOELASTIC DEVICES
- ProVisc Ophthalmic Viscosurgical Device
- DisCoVisc Ophthalmic Viscosurgical Device
- DuoVisc Viscoelastic System
REFRACTIVE SURGERY PRODUCTS
- All Egretto Wave Eye-Q Excimer Laser System
- Ladarvision System
- Ladar6000 Excimer Laser
- Vitreoretinal Surgery Products
- Accurus Surgical System
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- Constellation Surgical System
- Purepoint Laser System
- Grieshaber Microsurgical Instruments
- Perfluoron Liquid
- Silikon 1000 Ophthalmic Surgical Oil
- Triescenc E Suspension
- General Surgical Products
- Bss Plus
- Custom Paks
- Other Disposable Products
RESEARCH AND DEVELO PMENT
- Alcon Surgical Products Under Development, Early 2009
MANUFACTURING AND DISTRIBUTION
AGREEMENTS
- Advanced Medical Optics (now Abbott Medical Optics)
- Supply Agreements
- LC A-Vision
MERGERS AND ACQUISITIONS
- Mergers and Acquisitions Summary
- ESBATech
- WaveLight AG
- Summit Autonomous
DIVESTITURES
- Alcon Cusi SA
LITIGATION
- Generic Drug Patent Infringement Actions
- Synergetic USA
- Dr James M Nielson
KEY CORPORATE EVENTS
Index of Tables:
SUMMARY OPERATING RESULTS
Recent Key Events
Alcon ' Consolidated Quarterly Financial Indicators, 2008-2009
Alcon ' Consolidated Quarterly Revenues by Segment, 2008-2009
Alcon ' Consolidated Quarterly Revenues by Geographic Market, 2008-2009
Alcon ' Quarterly Surgical Revenues by Geographic Market, 2008-2009
Alcon ' Quarterly Surgical Revenues by Product Type, 2008-2009
Alcon ' Consolidated Annual Financial Results, 2004-2008
Alcon ' Consolidated Annual Revenues by Segment, 2004-2008
Alcon ' Consolidated Annual Revenues by Geographic Market, 2004-2008
Alcon ' Annual Surgical Revenues by Geographic Market, 2004-2008
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Alcon ' Annual Surgical Revenues by Product Type, 2004-2008
Alcon - Five-Year Financial Summary, 2004-2008
Alcon ' Employees by Geographic Location, 2006-2008
Alcon - Recent Surgical Product Approvals
Alcon Surgical Products Under Development, Early 2009
Mergers and Acquisitions Summary
Index of Charts:
Alcon - Annual Revenues and Operating Income, 2004-2008
Alcon - Annual Revenues by Business Segment, 2004-2008
Alcon - Annual Revenues by Geographic Area, 2004-2008
Alcon - Annual Surgical Revenues by Product Type, 2005-2008
Alcon - Sales by Product Area, 2008
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