Quick Facts
FONT-SIZE Plus   Neg
Share SHARE
mail  E-MAIL

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

RELATED NEWS
Trade STAA now with 
8/19/2013 7:10 AM ET

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

Editors Pick
Stocks moved mostly lower during trading on Wednesday, giving back some ground after trending higher over the past several sessions. Selling pressure was relatively subdued, however, limiting the downside for the markets. The major averages all closed in the red, although the tech-heavy Nasdaq underperformed its counterparts by a wide margin. Russian Foreign Minister Sergei Lavrov warned Wednesday that Moscow would retaliate strongly if its "interests" in Ukraine are attacked. He also criticized the Ukrainian administration for relaunching its so-called anti-terrorist operation in the east of the country a day earlier. Lavrov's remarks came in an interview with Russia Today, which published excerpts of the English-language interview to While selling pressure has remained relatively subdued, stocks continue to see modest weakness in mid-day trading on Wednesday. The losses on the day come on the heels of the upward trend seen over the past several sessions. The major averages have moved roughly sideways in recent trading, lingering in the red.
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.