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Home > Company Index > Health Products & Services > Medical Instruments & Supplies > STAAR Surgical Company

STAAR Surgical Company
Nasdaq: STAA
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 NEWS FROM THE WIRES
STAAR Surgical to restructure, cut staff 25 pct
Aug 01 2001 01:35 PM PDT

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 PROFILE
STAAR Surgical won't put stars in your eyes, but it will help you to see more clearly. The company makes products for minimally invasive ophthalmic surgical procedures. Its products, most of which are awaiting FDA approval in the US, are sold in more than 40 countries worldwide. Leading products include foldable intraocular lenses (IOLs), which replace natural lenses removed in cataract surgery, and the AquaFlow device, which is inserted into the eye of a glaucoma sufferer. Other products include implantable contact lenses (ICLs) for vision correction. The company also markets the Sonic WAVE Phacoemulsification Machine, which removes debris left from cataract surgery.

 COMPETITION
Alcon Laboratories, Inc. (dossier)
Bausch & Lomb Incorporated (BOL)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 54.00
1-Yr. Sales Growth: (8.5)%
Employees: 334
Revenue per employee: $161,676.65

 KEY PEOPLE
• David Bailey
    CEO
• John Santos
    CFO

 CONTACT INFO
1911 Walker Ave.
Monrovia, CA 91016
US
Phone: 626-303-7902
Fax: 626-303-2962
Online: Web Site

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