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Disappointing drug trials pull Alcon stock down 11 percent.
Byline: Roger Yu
Oct. 15--Shares of Alcon Inc. fell 11 percent Thursday after the company revealed that a clinical test shows its much-anticipated drug for treating blindness hasn't outperformed a rival product already on the market.
In the one-year study, Alcon, a Swiss maker of eye-care products with its U.S. headquarters in Fort Worth, compared its drug, Retaane, with Novartis AG's Visudyne.
The percentage of patients who maintained vision when treated with Alcon's drug was 45 percent, compared to 49 percent for those using Visudyne.
"These overall results indicate that the two therapies are not statistically different from each ...
- Alcon buying laser systems company.(The Dallas Morning News)
- Newspaper article from: Knight Ridder/Tribune News Service Godinez, Victor May 26, 2000 700+ words
...likely won't directly affect Alcon's Fort Worth headquarters...vision correction market. Alcon formerly had a marketing agreement...the alliance in 1995. Now, Alcon rival Allergan has signed a...anymore." X X X Visit The Dallas Morning News on the World Wide Web...
- Disappointing drug trials pull Alcon stock down 11 percent.
- Newspaper article from: Knight Ridder/Tribune Business News October 15, 2004 700+ words
By Roger Yu, The Dallas Morning News Knight Ridder...Oct. 15--Shares of Alcon Inc. fell 11 percent...the study, it said. Alcon said it has begun to...ratchet up doubts that Alcon can ever bring it to...To see more of The Dallas Morning News, or to subscribe...
- Texas-Based Eye Products Maker Alcon to Buy Laser Systems Company.(Knight...
- Newspaper article from: Knight Ridder/Tribune Business News Godinez, Victor May 26, 2000 700+ words
...likely won't directly affect Alcon's Fort Worth headquarters...vision correction market. Alcon formerly had a marketing agreement...the alliance in 1995. Now, Alcon rival Allergan has signed a...Irving. To see more of The Dallas Morning News, or to subscribe to the...
- Switzerland-Based Eye-Care Products Maker Alcon Reports 76 Percent Profit Rise.
- Newspaper article from: Knight Ridder/Tribune Business News October 25, 2002 700+ words
By Roger Yu, The Dallas Morning News Knight Ridder...care products maker Alcon Inc. said Thursday...corporate purposes. Alcon's surgical care products...third quarter," said Alcon chairman and chief executive...To see more of The Dallas Morning News, or to subscribe...
- Alcon Sees Future in Development of New Eye-Care Products.
- Newspaper article from: Knight Ridder/Tribune Business News November 10, 2003 700+ words
...factories and administrative offices at Alcon Inc.'s sprawling campus are rows of...someday prevent blindness -- and boost Alcon's bottom line at the same time. Combined, their work represents what Alcon calls "the largest eye-related research...
- Alcon Plans to Expand Manufacturing Facility in West Virginia.
- Newspaper article from: Biotech Week October 8, 2008 700+ words
Alcon, Inc. (NYSE:ACL) announced that the...West Virginia Governor Joe Manchin, III, Alcon Chief Executive Officer Cary Rayment and...the company and the community (see also Alcon, Inc.). "Alcon is a world leader in...
- Alcon to Acquire Swiss Biotechnology Firm, ESBATech AG.
- Press release article from: Business Wire September 13, 2009 700+ words
...transactions to expand breadth and depth of Alcon's development opportunities in eye care...HUENENBERG, Switzerland & ZURICH -- Alcon (NYSE:ACL) announced today that it...ESBATech AG, a Swiss biotechnology company. Alcon will pay ESBATech shareholders $150 million...
- Alcon Provides $1M Grant for Blindness Prevention.
- Press release article from: PR Newswire June 28, 2005 700+ words
ORBIS to Use Alcon's Gift for Global Programs to Stop Unnecessary...June 28 /PRNewswire-FirstCall/ -- Alcon, Inc. awarded ORBIS International a USD...readily available in the United States. "At Alcon, we recognize the urgency in addressing...
