STAAR Surgical Company's board has received a recommendation from Institutional Shareholder Services (ISS) to approve the merger with Alcon. ISS noted that the improved terms of the agreement and increasing downside risks to STAAR as a standalone company now favor the transaction. The company has been facing financial challenges, including declining net sales since 2023 due to heavy exposure to the Chinese market, heightened competition, a limited product range, and difficulty expanding beyond high myopia patients. Recent supplemental proxy materials have outlined that China procedure volumes, while initially positive, softened in the second quarter of 2025 and showed no improvement thereafter.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. STAAR Surgical Company published the original content used to generate this news brief via Business Wire (Ref. ID: 20251215265033) on December 15, 2025, and is solely responsible for the information contained therein.
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