History
AMO (originally Heyer-Schulte Medical Optics, renamed American Medical Optics after purchase by American Hospital Supply) started business in 1976 in the early development of intraocular lenses for cataract patients.
AMO was spun off from Allergan in 2002.
AMO bought Irvine-based IntraLase Corp. for $808 million in January 2007. This allowed AMO to combine IntraLase technology for cutting a flap in the cornea with AMO technology for reshaping the cornea. The combination of these complementary technologies has made "all-laser LASIK" possible. NASA later approved this all-laser LASIK for use on astronauts.
In August 2007 the company donated $2.5 million to UC-Irvine's Department of Ophthalmology to boost the university's planned Eye Institute.
In February 2009 Abbott completed its acquisition of Advanced Medical Optics
Read more about this topic: Advanced Medical Optics
Famous quotes containing the word history:
“What would we not give for some great poem to read now, which would be in harmony with the scenery,—for if men read aright, methinks they would never read anything but poems. No history nor philosophy can supply their place.”
—Henry David Thoreau (1817–1862)
“It’s a very delicate surgical operation—to cut out the heart without killing the patient. The history of our country, however, is a very tough old patient, and we’ll do the best we can.”
—Dudley Nichols, U.S. screenwriter. Jean Renoir. Sorel (Philip Merivale)
“Throughout the history of commercial life nobody has ever quite liked the commission man. His function is too vague, his presence always seems one too many, his profit looks too easy, and even when you admit that he has a necessary function, you feel that this function is, as it were, a personification of something that in an ethical society would not need to exist. If people could deal with one another honestly, they would not need agents.”
—Raymond Chandler (1888–1959)