Santa Ana-based Advanced Medical Optics Inc. and Alcon Inc., which employs more than 670 people in Irvine, signed a patent cross-licensing deal related to eye lenses implanted during surgery.
The deal covers implant insertion devices and a one-piece lens implant design.
Advanced Medical is going to pay Alcon $10 million for worldwide licenses under a family of Alcon patents, including a single-piece intraocular cataract replacement lens similar to Advanced Medical’s recently launched Tecnis ZCB00 model.
Alcon is going to pay $31 million for licenses under two families of patents owned by Advanced Medical related to coating systems used in its Monarch and Acrysert lens implant insertion devices, and any similar future coating systems Alcon may develop.
Further details weren’t disclosed.
