Welcome to our dedicated page for Alcon Ordinary Shares news (Ticker: ALC), a resource for investors and traders seeking the latest updates and insights on Alcon Ordinary Shares stock.
Alcon Inc. Ordinary Shares (symbol: ALC) is a premier American-Swiss healthcare company headquartered in Geneva, Switzerland, and incorporated in Fribourg, Switzerland. Renowned globally for its eye care products, Alcon excels in vision care and surgical segments, making it a leader in the eye care industry. Having spun off from Novartis in April 2019, Alcon now independently operates to enhance the quality of life through innovative vision products.
Alcon’s vision care segment includes a wide range of products such as contact lenses, lens care solutions, and ocular health products. With brands like Dailies, Total1, and Air Optix, Alcon boasts significant control over the U.S. contact lens market. Their surgical segment offers advanced solutions like intraocular lenses (IOLs), ophthalmic surgical equipment, and consumables used during surgeries. Notable products include the Centurion phacoemulsification device and the Clareon, PanOptix, and Vivity IOLs.
Recently, Alcon launched the Clareon Vivity, which is the world’s first non-diffractive extended depth of focus (EDOF) intraocular lens. This innovative IOL incorporates wavefront-shaping technology, offering superior visual outcomes for cataract patients seeking presbyopia correction. The Clareon platform enhances Alcon's portfolio, which already includes the highly successful PanOptix lenses.
Financially, Alcon has shown robust growth. For Q4 2023, Alcon's sales reached $2.3 billion, marking an 8% increase from the previous year. Diluted EPS was $0.86, reflecting a 78% increase, and core diluted EPS was $0.70, up 67%. Alcon also reported a strong cash flow, with $937 million generated from operating activities in the first nine months of 2023.
Alcon's dedication to innovation and quality in eye care is further evidenced by its extensive research and development initiatives. The company engages in partnerships with eye care professionals and offers educational resources through the Alcon Experience Academy. Through consistent advancements and a customer-centric approach, Alcon continues to lead in enhancing sight and improving lives globally.
Alcon announces its significant presence at the American Society of Cataract and Refractive Surgery (ASCRS) 2022 Annual Meeting, showcasing 150 abstracts including 60 sponsored by the company. Key highlights include the performance of Clareon® IOL material, demonstrating excellent vision and clarity three years post-implantation, and the ARGOS® Biometer, which enhances surgical planning efficiency. Alcon focuses on innovation and data-driven results to support surgeons and improve patient outcomes.
Alcon (NYSE: ALC) has partnered with actress Kate Walsh to launch a multimedia campaign for Systane Complete Preservative-Free Lubricant Eye Drops, aimed at raising awareness of dry eye symptoms. Walsh shares her journey with dry eye, emphasizing the importance of finding effective relief. The new drops provide 8 hours of symptom relief and are designed to hydrate all layers of the tear film. The campaign includes social media content and partnerships with influencers, alongside a commitment to assist communities in need of eye care during Dry Eye Awareness Month.
Alcon announced a partnership with actress Kate Walsh to promote the new Systane Complete Preservative-Free Lubricant Eye Drops, aiming to address dry eye symptoms. The campaign, titled Make Every Look Count, features Walsh sharing her personal experience with dry eye relief and encourages others to seek effective solutions. The drops offer up to eight hours of relief with advanced nano-droplet technology and no preservatives. A multi-channel advertising strategy will launch in 2022 to enhance consumer awareness and product availability.
Alcon, a leader in eye care, will hold its Annual General Meeting (AGM) on
Alcon has launched the Clareon family of intraocular lenses (IOLs) in the U.S., featuring advanced glistening-free material for superior clarity and consistent visual outcomes. The Clareon IOLs have been validated in over 30 peer-reviewed studies and are already used in more than one million eyes across 70 countries. The launch includes Clareon Monofocal, PanOptix, and Vivity IOLs, with further global rollouts planned. This innovation is poised to meet the growing demand for cataract surgeries, projected to reach 60 million annually by 2045.
Alcon (SIX/NYSE:ALC) reported strong financial results for Q4 and full year 2021. Q4 sales reached $2.1 billion, marking an 11% increase, while full year sales totaled $8.2 billion, up 22%. Core diluted EPS for 2021 was $2.15. The company achieved above-market growth in both Surgical and Vision Care segments, driven by innovative product launches. For 2022, Alcon projects sales between $8.7 billion to $8.9 billion, reflecting continued growth momentum.
Alcon (NYSE: ALC) has launched Systane Complete Preservative-Free Lubricant Eye Drops in Europe, expanding its portfolio of dry eye products. This product is designed to provide relief for all types of dry eye for up to eight hours and is part of the fast-growing, preservative-free segment that now represents over 40% of the global artificial tears market, valued at approximately
Alcon announces the launch of DAILIES TOTAL1 for Astigmatism, the first Water Gradient contact lens for astigmatism, available in the
Alcon (NYSE: ALC) has successfully completed its acquisition of Ivantis, the developer of the Hydrus Microstent, which is designed for minimally invasive glaucoma surgery (MIGS). The integration of Ivantis associates is aimed at ensuring continuity for customers while expanding the reach of the Hydrus Microstent to more markets. The device has shown significant clinical benefits over five years, including reduced need for medication and surgeries. Alcon's CEO anticipates this acquisition will enhance their surgical portfolio and drive growth in the glaucoma market.
Alcon has launched PRECISION1, the first daily disposable contact lens using SMARTSURFACE Technology, enhancing visual performance and comfort. Available in Europe, North America, and parts of Latin America and Asia, PRECISION1 for Astigmatism addresses the needs of up to 41% of patients with astigmatism, as only 10% currently wear toric lenses. The lenses aim to improve retention rates among new users by tackling common issues like poor vision and comfort. Alcon emphasizes its commitment to eye care and enhancing the lens-wearing experience.
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