J&J Buys Abbott's Ophthalmics Business For $4bn-Plus

The move to sell Abbott Medical Optics unit comes in the midst of a significant portfolio overhaul by Abbott. The deal will put J&J in the ophthalmic surgery business.

Abbott Laboratories Inc. is unloading its ophthalmic business to Johnson & Johnson for $4.325bn.

The sale of Abbott Medical Optics unit comes as Abbott is overhauling its medtech portfolio

Key AMO Products
  • Tecnis toric intraocular lens
  • Catalys cataract laser system
  • STAR S4 IR excimer laser system for LASIK
  • WaveScan WaveFront acquisition and diagnostic system for LASIK

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