Could Alcon's CyPass Trouble Be Boon For Glaukos – Or Bust For MIGS?

Minimally invasive glaucoma surgery specialist Glaukos saw its stock leap 40% in the wake of a worldwide recall by much bigger rival Alcon of its CyPass microstent.

Recall
• Source: shutterstock.com

Glaukos Corp., a specialist in minimally invasive glaucoma surgery, enjoyed an over-40% boost in its share price after its much bigger MIGS rival, the eyecare giant Alcon Inc., announced it was pulling all its CyPass microstents off the shelves.

Alcon, which is soon to be spun out of parent company, the Swiss pharma company Novartis AG, announced Aug. 28 that it was voluntarily withdrawing the device from the...

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