Deals
Three Firms Advise on Alcon-WaveTec Deal: Business of Law
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Alcon Inc., a Novartis AG unit that develops and markets eye-care products and pharmaceuticals, agreed to acquire WaveTec Vision, the developer of a system used by cataract surgeons, according to a statement issued by Alcon.
WaveTec Vision developed the first commercialized intra-operative guidance system to make cataract surgery better. The system enables surgeons to see certain incisions in real time and allows for measurements that improve precision in implanting lenses. It complements Alcon’s Verion image-guided system, according to the statement.