Lensar to terminate Alcon merger agreement

Lensar has announced the termination of its planned acquisition by Alcon, citing unresolved regulatory concerns arsenic the main crushed for ending the deal.

The termination comes pursuing scrutiny from the US Federal Trade Commission (FTC), which indicated it would reason the transaction.

In March 2025, Alcon agreed to get Lensar for an implied worth of astir $356m.

Lensar is known for processing the Ally robotic cataract laser attraction system, alongside Streamline bundle exertion and the Lensar bequest laser system.

These technologies were expected to fortify Alcon’s femtosecond laser-assisted cataract country (FLACS) portfolio.

Despite archetypal expectations for a mid-to-late 2025 closing, the woody remained pending astir 1 twelvemonth aft the agreement.

Both companies recognised the FTC’s volition to artifact the acquisition and decided it was successful their champion interests to terminate the merger, arsenic they cannot implicit it without the required regulatory approvals earlier the 23 April 2026 cut-off oregon the extended 23 July 2026 deadline.

Under the archetypal agreement, Lensar volition clasp a $10m deposit.

Lensar president and CEO Nick Curtis said: “While we are disappointed with this result and the FTC’s volition to situation the projected transaction, we stay committed to advancing the tract of cataract country done the continued marketplace maturation of our ALLY robotic cataract laser system.

“Since its commercialized instauration successful 2022, we judge it has go clearer each time that ALLY is the aboriginal of refractive cataract surgery. With ALLY, we were capable to importantly widen our exertion enactment position, established connected the spot of our previous-generation LLS platform.

"We person expanded our footprint and LENSAR’s power successful the space, which supported marketplace stock gains and important process growth.”

"Lensar to terminate Alcon merger agreement" was primitively created and published by Medical Device Network, a GlobalData owned brand.

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