STAAR Surgical Announces Milestone Strategic Agreement in U.S. with IQ Laser Vision

STAAR Surgical Company (NASDAQ: STAA), a leading developer, manufacturer and marketer of the EVO family of Implantable Collamer Lenses (EVO ICL) for myopia, astigmatism and presbyopia, today announces another milestone achieved on its U.S. Highway 93 go-to-market program – a strategic agreement with IQ Laser Vision, a leader in providing clear vision to clients with locations across California and Texas, and a top EVO ICL practice in North America.

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Tom Frinzi, Chair of the Board, President and CEO, STAAR Surgical (Left) and Dr. Robert T. Lin, founder and surgeon, IQ Laser Vision (Right). (Photo: Business Wire)

IQ Laser Vision will make EVO ICL lenses a primary option for patients seeking surgical vision correction within the range of -3D to -20D, as part of its comprehensive refractive offering. IQ Laser Vision intends to nearly double its volume in EVO ICLs over the course of the next 12 months. To support the transition and ramp up, STAAR Surgical and IQ Laser Vision will collaborate on marketing, education, practice development and clinical support activities to further elevate awareness of EVO ICL and substantially increase the availability of the lenses to all qualified patients across the IQ Laser Vision Family of Practices, which includes Scott Hyver Visioncare, Ellis Eye, and Mattioli Vision Professionals.

Tom Frinzi, Chair of the Board and CEO of STAAR Surgical, stated, “With the rapid growth of EVO ICL in the U.S., against the backdrop of a continued decline in laser vision correction procedures, it’s becoming clear that lens-based procedures like EVO ICL are the future of refractive vision correction. STAAR Surgical made a strategic pivot late last year to shape that future – with a program that works double-duty to accelerate growth in leading EVO-ready practices, while working alongside them to test, learn and invest in the strategic drivers of that growth. Today, we’re thrilled to announce that IQ Laser Vision has joined our U.S. Highway 93 program with the largest agreement for EVO ICL in the U.S. thus far. Dr. Lin is a renowned leader and pioneer in refractive eye surgery having performed over 70,000 refractive procedures and is one of the most experienced ICL surgeons in North America, having implanted over 1,000 ICLs over the past 12 months. Dr. Lin’s deep and expansive expertise across refractive surgery makes his decision to offer EVO ICL as a primary option now all the more meaningful.”