Update: Abbott To Invest $60 Million In An Intraocular Lens Plant In Malaysia
Andy Batts • Mon, Sep. 15
- Abbott said that it will invest $60 million in an intraocular lens manufacturing plant in Malaysia.
- In my original article I said that Abbott will enjoy the first mover advantage with its implantable Tecnis lenses in the vision care market.
- The news and the fact that Abbott’s growth in the cataract segment outpaced global market growth confirm my view.