Article: LASER REPAIR FOR FARSIGHTED GAINS APPROVAL.(News)

The federal government yesterday approved the first laser surgery system to treat farsightedness, the inability to see objects clearly at close range.

Visx Inc. of Santa Clara, Calif. beat out bitter rival Summit Technology of Waltham Mass. for the green light from the Food and Drug Administration approval.

About 22 percent of Americans suffer from farsightedness.

``This is huge for Visx,'' said George Woo, an analyst with Burnham Securities. ``This opens up a whole new market.''

Laser surgery has been used since 1995 to correct nearsightedness, the inability to see clearly at a distance. An estimated 400,000 Americans are expected to ...

Related newspaper, magazine, and journal articles:

 
 
Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!