Summit and Visx, of Santa Clara, Calif ., formed Pillar Point Partners in 1992 as a holding company for about 18 patents covering opthalmic lasers for treating specific eye problems such as nearsightedness, known as photorefractive keratectomy ( PRK ).
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Any other company entering the opthalmic market with a laser system that uses one or more of the Pillar Point patents must pay a royalty and a per-procedure fee _ or else face legal action for patent infringement, Summit officials have stated.
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Recently it forked out US $ 680 million for two large companies specialising in opthalmic surgery-Storz, which was a division of American Home Products, and Chairon Opthalmic Surgical Business, an investment that the company expects to recoup in less than 10 years.
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Recently it forked out US $ 680 million for two large companies specialising in opthalmic surgery-Storz, which was a division of American Home Products, and Chairon Opthalmic Surgical Business, an investment that the company expects to recoup in less than 10 years.
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Physicians Resource Group Inc . gained 1 3 / 4 to 23 7 / 8 after the Dallas provider of health care-management services said it would acquire American Opthalmic Inc . and the eye-care unit of EquiMed Inc ., its two biggest competitors.
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He also contributed material to the CD " From Eye Examination to Opthalmic Lenses ", a Chinese book on refraction, later editions of " Clinical Refraction ", " System of Opthalmic Dispensing ", David Miller's " Textbook of Opthalmology ", and several published articles.
17.
He also contributed material to the CD " From Eye Examination to Opthalmic Lenses ", a Chinese book on refraction, later editions of " Clinical Refraction ", " System of Opthalmic Dispensing ", David Miller's " Textbook of Opthalmology ", and several published articles.
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