EYE » Topics » Refractive Business Unit

This excerpt taken from the EYE 10-K filed Feb 24, 2009.

Refractive Business Unit

Our refractive products include the following:

 

   

IntraLase FS Laser System — The IntraLase FS laser system is an ultra-fast femtosecond laser used to create the flap of corneal tissue before LASIK treatment with an excimer laser. The femtosecond laser creates the flap by focusing its beam of light below the surface of the corneal tissue, creating a precise cut. A per procedure fee, inclusive of a disposable patient interface, is charged for each eye treated with the IntraLase FS laser. The IntraLase system is also approved for IntraLase Enabled Keratoplasty (“IEK”) for corneal transplants.

 

   

VISX STAR Excimer Laser — The VISX STAR system is a fully integrated ophthalmic medical device incorporating an excimer laser and a computer-driven workstation. This laser is used to reshape the cornea to correct refractive errors, both for standard LASIK and custom LASIK, or our CustomVue procedure (described below), as well as PRK and other specialized procedures. Our Iris Registration technology, included in the VISX STAR IR system, is the first fully automated method of aligning custom LASIK treatments with the patient’s eye to adjust for eye movement.

 

   

VISX WaveScan System — The WaveScan System is a diagnostic device that uses laser beam technology to measure comprehensive refractive errors of the eye and uses complex mathematical algorithms to derive comprehensive refractive information about the patient’s individual optical system. This information is then used to create a personalized treatment plan that is digitally transferred to the VISX STAR laser for an individualized CustomVue procedure.

 

   

VISX Treatment Cards — Our proprietary treatment cards control the use of the VISX STAR system. Each card provides the user with specific access to proprietary technology. Types of VISX treatment cards

 

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include VisionKey Cards for performing standard LASIK procedures, which in the U.S. carries a procedure fee for each procedure that is purchased; CustomVue Cards for performing Custom LASIK, which carry a worldwide procedure fee for each procedure that is purchased; Custom-CAP Cards for performing laser vision correction with a previously decentered ablation, which carry a worldwide procedure fee for each procedure that is purchased; and the PTK Card, which is offered to physicians at a nominal charge to treat certain types of corneal pathologies. Sales of our treatment cards and associated procedure fees represented approximately 21% of our net sales in both 2008 and 2007, and 15% of our net sales in 2006.

 

   

Multifocal and Refractive Lenses

 

   

ReZoom — an acrylic multifocal IOL with optical zones that provide near, intermediate and distance vision, reducing that patient’s dependence on eyeglasses. This lens received approval from CMS to allow patients in the U.S. to pay the difference between the $150 reimbursement rate for IOLs and the amount that is charged (“patient shared billing”). The ReZoom IOL is also approved in Europe for the treatment of presbyopia.

 

   

Tecnis Multifocal — a multifocal IOL, available in both silicone and acrylic, with a diffractive, aspheric lens surface is approved for use in cataract surgery in the U.S. and other key global markets. In Europe, Latin America and Asia Pacific it is also approved for treatment of presbyopia. The Tecnis Multifocal IOL is approved for patient shared billing in the U.S.

 

   

Verisyse — a phakic IOL that works in conjunction with the human lens to treat high myopia.

 

   

VeriFlex — a foldable version of the Verisyse lens; a phakic IOL that works in conjunction with the human lens to treat high myopia, currently available outside of the U.S.

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