Enhancing Sight to Enhance Life What We Do Enhancing Sight to Improve life •Alcon is helping people see the world. •We serve eye care professionals and their patients in more than 180 countries, reaching 90% of the globe. •At Alcon, we enhance sight to enhance life. Mission and Values Our Mission Alcon has one mission: to provide Innovative products innovative products that enhance quality of life by helping people see better. Our Vision Alcon’s vision is to be the most trusted leader in eye care. History 1945: Two pharmacists, Robert Alexander and William Conner, open a small pharmacy in Fort Worth, Texas. 1959: Alcon opens an office in Canada, beginning its international operations. 1959: Alcon opens an office in Canada, beginning its international operations. 1962: Alcon begins its patient assistance program, providing free medications to lowincome glaucoma patients . 1978: Swiss food company Nestlé acquires Alcon. 2011: The boards of Novartis and Alcon complete its merger agreement. History Continued • Sales reach $10 billion • Alcon commits to a $5 billion investment to discover and develop new and innovative treatments for vision conditions and eye diseases • This represents the largest commitment to research and development in the eye care industry Our Business Focus (Divisions) We offer a broad spectrum of eye care products and are organized into three businesses: • Surgical •Pharmaceutical •Vision Care. Surgical • Alcon offers the industry’s most complete line of ophthalmic surgical products, enabling surgeons to achieve the best results for their patients. Pharmaceutical • The Alcon pharmaceutical portfolio includes treatment options glaucoma, anti-inflammatories and anti-infectives . Vision Care • Alcon is now one of the largest manufacturers of contact lenses and lens care products. Products • Our products reflect the way we see the future of eye care. With every new development we fill a need, make a job easier, an outcome safer and vision clearer. • While Alcon manufacture and sell dozens of eye care products around the globe, some of our more widely used products are highlighted here. Alcon Features and Highlights The innovative culture of Alcon means we always have new and exciting information to share. • Raising Awareness of Eye Health Among Women • Paying it Forward One doctor trained in cataract surgery impacts many. • World Glaucoma Week Have you had your eyes checked lately? • Precious Time: Vision Over 40 Presbyopia is the gradual loss of the eye's ability to actively focus on close objects. • Bintou's Life is Whole Again A child with cataracts has her sight restored. Alcon Features and Highlights • Celebrate World Sight Day Helping to increase awareness and education efforts. • Dry Eye Facts Do you have dry eyes? • Glaucoma: Sneaky Thief of Sight Are you at risk? • Creating Sight-Changing Moments We're working to advance cataract treatments worldwide. • Life Cycle of Eye Health Alcon provides help for vision issues for all stages of life. • Every Child Deserves to See Helping to meet eye care needs within our communities. Commitment to client satisfaction • Responsible business practices • Alcon believes in high standards, transparency, and ethics. Commitment to client satisfaction Quality and Safety Standards • At Alcon, we want to ensure that innovative eye care products are within reach of those who need them • From research and development, to manufacturing and distribution, unparalleled quality and safety standards are the keys to our success • We adhere to the strictest of regulatory and statutory requirements, while also seeking continuous improvement and advancement • This is reflected in every aspect of our business, our partner relationships and our customers’ satisfaction Commitment to client satisfaction Ethics, Governance and Compliance • Eye care professionals and patients trust Alcon’s commitment to delivering quality eye care products worldwide. • At Alcon, we strive to maintain high standards of integrity, while practicing sound principles of corporate governance. • Alcon’s business ethics are solidly based upon mutual trust and integrity and focused upon continuous improvement. • Every member of the Alcon team is responsible and accountable for ensuring that their objectives are aligned with this policy. Commitment to client satisfaction Animal Welfare • Alcon is committed to transforming eye care possibilities into therapeutic realities through research and development • With this commitment comes the responsibility of comprehensive testing of all our products to ensure their safety • Alcon strictly adheres to guidance from the Association for Assessment and Accreditation of Laboratory Animal Care International , through which we are accredited. Commitment to client satisfaction Animal Welfare We also follow the internationally accepted principles for humane animal use in research: • Replace tests with non-animal testing methods wherever possible and appropriate • Reduce the number of animals used in each study • Refine testing to use the least invasive and painful methods feasible • Respect is Alcon’s own addition to this global standard. We believe it is vital to respect the inherent integrity of the animal and its contribution to our research Commitment to client satisfaction Environmental Sustainability • We believe that environmental stewardship makes good business sense • Alcon is committed to reducing the impact on the environment throughout our discovery, development and manufacturing of eye care products across the globe. • While complying with external regulations, our global Environmental Management System also prioritizes and integrates a preventative approach that allows us to meet the needs of the present, without compromising the future. Commitment to client satisfaction Reimbursement Services • Alcon offers comprehensive service programs to support the productivity and efficiency of your Alcon instrumentation, and subsequently, your business • We recognize that our primary responsibility is to understand our customer's needs and expectations and to integrate this knowledge into service and support activities that are clearly understood throughout all levels of the Technical Service Organization. Awards • American Academy of Opthalmology-2010 Innovative Research Award • 2010 Achievement Award-Leading Research Company • Knights Templar Eye Foundation-2010 Breakthrough Products Alcon Tears Naturale® •The Tears Naturale® family of products provides a number of solutions to your dry eye problem Tears Naturale® Forte • Tears Naturale® Forte unique Trisorb® technology contains three ingredients that work together to lock in moisture to bring long-lasting relief to dry eyes. • Because these tears are closest to natural tears, they provide better "wettability," and slow evaporation of the tear film. Tears Naturale® Forte Competitive advantage • unlike many other brands, Tears Naturale® Forte doesn't contain harsh preservatives. Instead, it contains Polyquad®, recognized by doctors as being one of the most gentle preservatives, even for very sensitive eyes. Tears Naturale Free® •Tears Naturale Free® is preservative-free. •If your eye doctor has recommended a preservative-free product, then Tears Naturale Free® would be an excellent choice. Tears Naturale Free® Competitive advantage • Tears Naturale Free® gives you more artificial tears solution per vial than other brands • preservative-free Tears Naturale® II Polyquad® •Tears Naturale® II soothes and moisturizes your dry, sensitive eyes just like your own tears. •Tears Naturale® II contains POLYQUAD® preservative Tears Naturale® II Polyquad® Competitive advantage • recommended by doctors as being one of the most gentle on the eye. • Store brand eye drops and even some national brands are still using a preservative called BAC (benzalkonium chloride), which has been shown to be harsher to the surface of the eye with frequent use. What are natural tears? • They are the body's natural mechanism for protecting the surface of the eye from infection and from the corrosive effects of dirt, dust, and other airborne particles. They help to create a smooth corneal surface so vision stays clear and undistorted, and your eyes stay comfortable. Tears provide a wet, lubricated surface that sits atop the corneal epithelium • Tears are constantly being replenished, so adequate tear production is important to maintain the health, comfort, and infection-fighting capabilities of the eye. When the eye can't produce enough tears to perform these functions, artificial tears or occlusion (plugging of the tear ducts) may be necessary. What is dry eye? • Dry eye is a term used to describe a group of different diseases and conditions that result from inadequate wetting and lubrication of the eye. • Although millions of people experience it, dry eye is not always easy to diagnose; it can easily be mistaken for other conditions such as infections or allergies. What can you do about dry eye? • There is no known "cure" for dry eye. However, in most cases, dry eye can be treated with an artificial tear solution or, in more severe cases, by blocking the puncta. Whatever the treatment mode chosen, effective treatment of dry eye must either replace or enhancenatural tears. Price comparisons Retail store Alcon Tears Naturale Hypo Tears Refresh Target 15 ml/14.99 30ml/18.99 70 vials/24.99 Publix 15ml/14.99 30ml/15.99 70 vials/17.99 CVS 15ml/ 14.99 30ml/16.99 70 vials/20.99 Comparison of Competitor Products Tears Naturale Hypo Tears Refresh Plus Preservative Poly Quad BAC Preservative free Composition 0.3% HPMC, 0.1% Dextran 70, .2% Glycerine 1% Polyvinyl Alcohol, 6% Providone, .1% BAC .05% CMC, Purite as perservative Packaging 15ml bottle Single Use Vials Single Use Vials Price Medium Low High Initial Sting None medium Medium Market Share Market Share 7 TEARS Naturale HypoTears 6 ALCON 5 4 Abbott 3 Refresh plus Other 2 Allergan, Inc 1 0 2011 2012 2013 2014