Novartis on Alcon: All Options are Open

Monday, November 14 2016 | 00 h 00 min | News

Reuters reported yesterday, that Swiss parent of Alcon, drugmaker Novartis is considering the sale of its eye care unit Alcon. The source is an interview with the Swiss weekly SonntagsZeitung.

Novartis Chief Executive Joe Jimenez said that the turnaround at Alcon will take longer than expected, citing October unit sales to be flat to declining.

Chairman Joerg Reihhard indicated the division has not developed as expected, “In the long run, the questions arises as to whether we are the best owner for Alcon.”

Infoclip.ca has reported that Novartis was considering selling Alcon’s contact lens care business December 2, 2015 and that Alcon had replaced their CEO and restructured after poor earnings report in January 2016.

Source: http://www.reuters.com/article/us-novartis-divestiture-alcon-idUSKBN1380EZ

ZEISS Light 2 Facilitates Entry into Progressive and Digital Lenses

ZEISS introduces Light 2 progressive and digital lenses—easy to adapt, mid-price, and designed for modern visual demands. New upselling options for ECPs.

Learn More

EssilorLuxottica Creates Scientific Advisory Committee to Cccelerate Next Era of Innovation

EssilorLuxottica forms a new Scientific Advisory Committee of global experts to guide innovation in ophthalmology, AI, audiology, and life sciences.

MIDO 2026 Exhibitor List Now Live as “The Lens of Time” Exhibition Debuts

MIDO 2026 unveils its exhibitor list and debuts “The Lens of Time,” with 1,200 exhibitors, new installations, and expanded event programming.

WCO Announces 2025 Election Results and New Global Leadership

The World Council of Optometry announces its 2025 election results and new leadership appointments, shaping the next phase of global optometric advocacy.

WEI 2025: Education, Innovation, and Connection

The WEI Conference returns November 7–9, 2025 at the Hilton Toronto/Markham Suites with over 20 hours of COPE-accredited CE, the Woodruff and Bobier Distinguished Lectures, a strong speaker lineup, and a trade show featuring 30+ exhibitors — including VuePoint IDS at Booth #311.

ZEISS Light 2 Facilitates Entry into Progressive and Digital Lenses

ZEISS introduces Light 2 progressive and digital lenses—easy to adapt, mid-price, and designed for modern visual demands. New upselling options for ECPs.

Learn More

EssilorLuxottica Creates Scientific Advisory Committee to Cccelerate Next Era of Innovation

EssilorLuxottica forms a new Scientific Advisory Committee of global experts to guide innovation in ophthalmology, AI, audiology, and life sciences.

MIDO 2026 Exhibitor List Now Live as “The Lens of Time” Exhibition Debuts

MIDO 2026 unveils its exhibitor list and debuts “The Lens of Time,” with 1,200 exhibitors, new installations, and expanded event programming.

WCO Announces 2025 Election Results and New Global Leadership

The World Council of Optometry announces its 2025 election results and new leadership appointments, shaping the next phase of global optometric advocacy.

WEI 2025: Education, Innovation, and Connection

ZEISS Light 2 Facilitates Entry into Progressive and Digital Lenses

ZEISS introduces Light 2 progressive and digital lenses—easy to adapt, mid-price, and designed for modern visual demands. New upselling options for ECPs.

Learn More

EssilorLuxottica Creates Scientific Advisory Committee to Cccelerate Next Era of Innovation

EssilorLuxottica forms a new Scientific Advisory Committee of global experts to guide innovation in ophthalmology, AI, audiology, and life sciences.

MIDO 2026 Exhibitor List Now Live as “The Lens of Time” Exhibition Debuts

MIDO 2026 unveils its exhibitor list and debuts “The Lens of Time,” with 1,200 exhibitors, new installations, and expanded event programming.

WCO Announces 2025 Election Results and New Global Leadership

The World Council of Optometry announces its 2025 election results and new leadership appointments, shaping the next phase of global optometric advocacy.

WEI 2025: Education, Innovation, and Connection

ZEISS Light 2 Facilitates Entry into Progressive and Digital Lenses

ZEISS introduces Light 2 progressive and digital lenses—easy to adapt, mid-price, and designed for modern visual demands. New upselling options for ECPs.

Learn More

EssilorLuxottica Creates Scientific Advisory Committee to Cccelerate Next Era of Innovation

EssilorLuxottica forms a new Scientific Advisory Committee of global experts to guide innovation in ophthalmology, AI, audiology, and life sciences.

MIDO 2026 Exhibitor List Now Live as “The Lens of Time” Exhibition Debuts

MIDO 2026 unveils its exhibitor list and debuts “The Lens of Time,” with 1,200 exhibitors, new installations, and expanded event programming.

WCO Announces 2025 Election Results and New Global Leadership

The World Council of Optometry announces its 2025 election results and new leadership appointments, shaping the next phase of global optometric advocacy.

Novartis on Alcon: All Options are Open

Featured Posts