Auto Club salutes 3 hotels and 1 restaurant ... Nov 8, 2009
Lambert, who starts Monday, most recently was chief financial officer at Advanced Medical Optics, which was taken over this year by health care giant Abbott. Other new appointments at San Diego-based NuVasive include Patrick Miles as president of the Americas; Jeffrey Rydin as executive vice president of sales, Americas; and Jason Hannon as general counsel. (San Diego Union-Tribune)
FDA to Study Negative Effects of Lasik Eye Surgery Oct 16, 2009
Makers of Lasik lasers include Advanced Medical Optics Inc., Alcon Inc., and Bausch and Lomb. Also on Thursday, the FDA announced warning letters sent to 17 Lasik surgery centers for inadequate adverse event reporting procedures. (ABC News -- Wire)
Abbott buys Solvay pharma operations for $6.6B Sep 30, 2009
In the last year, Abbott has bought contact lens maker Advanced Medical Optics, India-based Wockhart's nutritional business, eye care company Visiogen and Evalve, a maker of heart repair equipment. Credit rating service Moody's downgraded the company's outlook to "negative" from "stable," on Monday, saying the string of acquisitions "could reduce Abbott's financial flexibility.". (Yahoo News -- Pharmaceutical Industry News)
Solvay sells pharma division to Abbott for $7.6B Sep 30, 2009
In the last year, it has bought contact lens maker Advanced Medical Optics, India-based Wockhart's nutritional business, eye care company Synchrony and Evalve, a maker of heart repair equipment. Solvay Pharmaceuticals is a group of companies that employs 9,000 people worldwide and had sales of euro2. (Yahoo News -- Pharmaceutical Industry News)
Abbott buys vision care unit for $400M Sep 3, 2009
Abbott entered the vision care industry in February, when it bought Advanced Medical Optics. Visiogen, which has 65 employees, creates ophthalmic medical devices. (Crain's Chicago Business)
Infection-Causing Amoeba May be Resistant to Multiple Contact Lens Solutions Jul 22, 2009
Insufficient anti-Acanthamoeba activity in Advanced Medical Optics Complete MoisturePlus multipurpose contact lens solution was brought to attention following a recent multistate outbreak of AK. While investigating that outbreak, researchers also compared the effectiveness of 11 other contact lens solutions against cysts of Acanthamoeba castellanii, Acanthamoeba polyphaga, and Acanthamoeba hatchetti, all of which were sample specimens collected during the outbreak. Results indicated that only... (Science Daily)
Abbott profit dips on charges, generic competition Jul 16, 2009
Excluding charges for the buyout of Advanced Medical Optics and for cost reduction initiatives, the company said it earned 89 cents per share. Analysts polled by Thomson Reuters expected profit of 89 cents per share on revenue of $7. (Yahoo News -- Press Releases)
Dog-eaten passport cancels Wis. boy's trip to Peru Jun 30, 2009
STAAR Surgical Company (Nasdaq: STAA), a developer, manufacturer and marketer of implantable lenses and related ophthalmic products, today announced the unanimous appointment of Richard (Randy) A. Meier (49), the former president and chief operating officer of Advanced Medical Optics (AMO), to the Company's board of directors. Mr. Meier's appointment expands the STAAR Surgical board to seven directors, five of whom are independent. (Fresno Bee)
Contact solution maker didnt report problems Jun 23, 2009
The documents show Advanced Medical Optics received complaints about the solution more than a year before it was recalled, and failed to promptly report nine complaints as required by law. The company pulled its Complete MoisturePlus off the market in May 2007 after the Centers for Disease Control and Prevention linked the fluid to dozens of cases of a serious infection called Acanthamoeba keratitis. (MSNBC -- Health)
Report: Pharma deals in 1Q exceed all 2008 deals Apr 28, 2009
Other sizable deals announced from January through March include Abbott Laboratories buying Advanced Medical Optics Inc. for $2. 8 billion, including debt, and Gilead Sciences Inc. buying CV Therapeutics Inc. for $1. (Yahoo News -- Pharmaceutical Industry News)
Abbott not interested in Wyeth: analyst Apr 1, 2009
8-billion purchase of eye care company Advanced Medical Optics Inc.. Abbott would be hard-pressed to pull off a deal the size of Wyeth, analysts said. (Crain's Chicago Business)
Abbott Completes Acquisition of Advanced Medical Optics Feb 27, 2009
Feb. 26 /PRNewswire-FirstCall/ -- Abbott () today announced that it has completed its acquisition of Advanced Medical Optics (AMO) ... The final step in the acquisition process was a short-form merger of Rainforest Acquisition Inc., a wholly owned subsidiary of Abbott, with and into Advanced Medical Optics, Inc. As a result of the merger, all outstanding shares of AMO common stock not tendered in the cash tender offer (other than those as to which holders properly exercise dissenters' rights)... (PR Newswire)
Abbott Receives European Commission Clearance on Acquisition of Advanced Medical Optics Feb 21, 2009
Feb. 20 /PRNewswire-FirstCall/ -- Abbott () today announced that it has received merger control clearance from the European Commission for its acquisition of Advanced Medical Optics (AMO) through a cash tender offer for the outstanding shares of common stock of AMO. The European Commission approved the transaction without conditions. This satisfies the condition to the tender offer related to European Commission regulatory approval and is the last regulatory approval that is a condition to the... (PR Newswire)
Syniverse to join S&P index Feb 21, 2009
Advanced Medical Optics (NYSE: EYE) is being acquired by (NYSE: ABT) in a cash tender offer that is still pending final approvals. S&P said it would monitor the transaction. (Tampa Bay Business Journal, FL)
Standard & Poor's Announces Change to U.S. Index Feb 20, 2009
NEW YORK, Feb. 19 /PRNewswire/ -- Syniverse Holdings Inc. (NYSE: ) will replace Advanced Medical Optics Inc. (NYSE: ) in the S&P MidCap 400 after the close of trading on a date to be announced. Advanced Medical Optics is being acquired by S&P 100 and 500 constituent Abbott Laboratories (NYSE: ) in a cash tender offer that is still pending final approvals. (PR Newswire)
Recession Doesn't Hold Back the Hottest Stocks Feb 17, 2009
The best gainer through Feb. 11, excluding stocks with tiny trading volumes, was Advanced Medical Optics Inc., up 231 percent on a takeover offer from ... an investment firm run by , disclosed on Jan. 13 that it raised its stake in Advanced Medical Optics to more than 15 percent, from a little over 10 percent. (Bloomberg -- Columnists)
Novartis/Nestle may see cycle of negotiations over Alcon option rights in 4Q 2009 Feb 11, 2009
Other firms have already realized and acted on the importance of this market, with diversified healthcare company Abbott Laboratories (NYSE:ABT) paying a sizeable premium for Advanced Medical Optics (NYSE:EYE) in January of USD 2. 8bn. (FT.com -- Markets)
