Quick Facts
FONT-SIZE Plus   Neg
Share SHARE

STAAR Surgical Says It Can Now Market ICL With CentraFlow Technology In India

RELATED NEWS
Trade STAA now with 

STAAR Surgical Company (STAA: Quote), a maker of implantable lenses and delivery systems for the eye, Monday said it received the regulatory nod to market its Visian Implantable Collamer Lens or ICL with CentraFlow technology, in India. The company said the approval from CDSCO will help expand its market in India where there has been a 48% compound annual growth rate for the Visian ICL, over the last four years. 

Don Todd, President of the Asia Pacific Region for STAAR Surgical said, "Our marketing partner, Spica Medical, has seen a lot of anticipation in the market for the CentraFLOW technology as inquiries from surgeons and clinics over the past few weeks have been tremendous. With this approval in India, we can now leverage this growing acceptance to further penetrate a significantly large market."

Click here to receive FREE breaking news email alerts for STAAR Surgical Company and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Consumers spent less in July than in the previous month, a surprise retreat that complicates the prevailing belief that the U.S. economic situation is improving. Along with the unexpected drop in spending, government figures released on Friday showed that incomes rose at a slower pace in July than in the previous month. Meanwhile, data on prices indicated that inflation pressures remain tame. India's economy grew faster-than-expected in the three months to June and at the strongest pace in two years, preliminary figures from the Central Statistics Office revealed Friday. Gross domestic product grew 5.7 percent in the April to June quarter, which exceeded economists' forecast for 5.5 percent expansion. The economy grew 4.6 percent in the previous three months. Eurozone inflation slowed as expected in August on falling energy prices giving room for the central bank to support demand and economic recovery without stoking inflation and help the region to create more jobs. The unemployment rate remained unchanged at an elevated level in July. Nonetheless, it was at the lowest since September 2012.
comments powered by Disqus
FREE Newsletters, Analysis & Alerts

 

Stay informed with our FREE daily Newsletters and real-time breaking News Alerts. Sign up to receive the latest information on business news, health, technology, biotech, market analysis, currency trading and more.