IntraLase Corp.
HCID Member | Medical Devices & Tech
9701 Jeronimo Road
Irvine, CA 92618 USA
phone: 949-859-5230
fax: 949-461-3323
Symbol ILSE
Exchange Nasdaq
Founded 1997
Employees 202
www.intralase.com
Research Sector Medical Devices & Tech
Summary Description
Computer-guided laser used to create corneal flap in Step One of LASIK surgery
Management
Robert J. Palmisano, President and Chief Executive Officer; Charline Gauthier O.D., Ph.D., Executive Vice President and Chief Operating Officer; P. Bernard Haffey, Executive Vice President and Chief Commercial Officer; Shelley B. Thunen, Executive Vice President and Chief Financial Officer; James A. Lightman, Senior Vice President and General Counsel; Eric Weinberg, Senior Vice President, Global Marketing; Greg Anderson, Vice President, U.S Sales; Paul Barros, Vice President, International Business Development; Michael Brownell, Vice President, Product Development; Michael Clemmons, Vice President, Business Process Management; Ted Devnew, Vice President, Corporate Accounts; Melinda Floros, Vice President, Customer Support; Kevin Harley, Vice President, Human Resources; Tibor Juhasz, Ph.D., Vice President and Chief Technical Officer; Stephen McCusker, Vice President, Supply Chain Management; William Wright, Vice President, Operations; Krista Mallory, Director of Investor Relations and Corporate Communications
Ownership
Financials


* numbers in thousands

Recent Results
Revenues for the three months ended September 30 2006 increased 41% to $32.3 million. Net income increased 23% for the quarter to $3 million.
 
Keywords
Ophthalmology, eye, vision, Surgery Products, surgery, minimally invasive Products, surgery, minimally invasive Products, lasik, Intralasik, eye surgery, eye, vision, laser, ophthalmic, corneal flap, cornea, vision correction, j2008b

Comment | Printable Version | Sept. 01, 2008
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Description
Advanced Medical Optics is expected to complete the acquirsition of IntraLase Corp. in Q2 2007. IntraLase Corp. designs and manufactures an ultra-fast laser and related software and disposable devices used to create a corneal flap, the first step in LASIK surgery for the correction of vision.
Products / Services
Proprietary femtosecond laser technology.
Technology / Differentiation
The company's computer-controlled femtosecond laser replaces the handheld, metal-bladed microkeratome device traditionally used to create the corneal flap, improving the safety, precision and visual results of LASIK procedures.
Market / Customers
The company's lasers and disposables are marketed in the U.S.and internationally.
Strategy
IntraLase recently signed an agreement with TLCVision. In addition to expanding its U.S. market with TLCVision and individual surgeons, IntraLase is focused on Asian and other international LASIK markets that represent a substantial growth opportunity. The company targets the most active LASIK surgery practices in the United States and key international markets to adopt its product offering in order to generate recurring business from it per procedure fees. IntraLase is working on new applications for its technology, including corneal transplants.
Status
Since introducing its product offering to the U.S. market in 2001, IntraLase has captured approximately 25% of the U.S. market for LASIK corneal flap creation. In April 2006, the company is expected to begin shipping its new 60-kHz IntraLaser, which cuts the procedure time nearly in half, to about 18 seconds, and should increase acceptance of the company's technology. In 2005, the company sold or leased 156 lasers, a 41% increase from 2004.


2008-09-07-2834