Alcon Inc - Company Profile
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Business Description
Alcon Inc (Alcon) manufactures and commercializes a wide range of eye care products. The company’s products include contact lenses and surgical products. Its drugs and devices serve the needs of patients in the entire eye care life cycle. The company classifies its products into two segments: Surgical and Vision Care. It also generates revenue from Other segment.
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R&D Overview
Alcon conducts research to develop surgical and eye care products. In FY2023, the company spent US$828 million on its R&D, which as a percentage of revenue stood at 8.7%. It also conducts clinical trials to evaluate the safety and efficacy of its products for the prevention and cure of blindness and different eye diseases. As of December 31, 2023, Alcon's pipeline portfolio consisted of more than 90 projects with 59 of them achieving positive proof of concept or being under regulatory review. As of December 31, 2023, it had a portfolio of approximately 2,300 US patent families. It operates R&D facilities in Fort Worth, Texas; Johns Creek, Georgia; Grosswallstadt, Germany; and Irvine, California.
Business Segments
Overview
Provides implantables, consumables and surgical equipment for cataract, glaucoma, vitreoretinal and refractive surgery. - Provides intraocular lenses for the treatment of cataracts and refractive errors such as presbyopia and astigmatism. - Also offers viscoelastics, surgical packs, surgical solutions and other disposable products for cataract and vitreoretinal surgery. Aims at expanding intraocular lens capabilities to improve surgical and refractive outcomes; and develops equipment and instrumentation for vitreoretinal, cataract, refractive and glaucoma surgeries; and new platforms for diagnostics and visualization.
Performance
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Overview
Provides contact lenses and contact lens care products. - Major products include daily disposable, reusable, and color-enhancing contact lenses; ocular health products for dry eye, contact lens care and ocular allergies; and ocular vitamins and redness relievers. - Also provides contact lens care products such as re-wetting drops and daily protein removers, and multi-purpose and hydrogen-peroxide based solutions. Focus on the development of new manufacturing platforms and contact lens materials, coatings and optical designs for several lens replacement schedules.
Performance
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Geographical Segments
Performance
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Performance
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Performance
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Performance
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Performance
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