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Staar to become 100% owner of Japanese joint venture

This article was originally published in Clinica

Executive Summary

Minimally-invasive ophthalmic products manufacturer Staar Surgical is set to go direct in Japan by acquiring all outstanding shares in Canon Staar, a joint venture it had formed with Canon to sell its technology in the Asian market. Staar will pay Canon $4m in cash and 1.7 million shares of series A convertible stock for the other half of the business, which will be renamed Staar Japan.





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