Intellectual Property of Lasik Surgery

The mental process of Lasik mathematical operation is an innovative proficiency that could provide life lasting changes to individuals impaired with ophthalmic disorders. Patents continue to develop and hot and improved technologies ventd. In considering and evaluating the expert stead of Lasik cognitive operation, it is important to look at the procedure from a variety of angles so as to better understand the complexity of the process.Lasik operating room is a mystic whollyy owned telephone line. Additionally, private as well as open owned corporations mystify the ability to seek and investigate current procedures in Lasik Surgery. As a procedure is released, individual practitioners argon eligible to practice the business if they have the correct licensures. The procedure of Lasik Surgery is FDA authorize, and all letters patents to further develop and improve upon Lasik surgery procedures must also be approved by the FDA. Furthermore, while the Lasik Surgery busines s is privately owned, it is belt up subject to the jural regulations of the Federal trade commission.There argon eternal patents involving Lasik Surgery and its technological improvements. As of dip 2003, VISK and Summitt were the only two companies authorized by the FDA to hold Lasik Surgery patents. Recently, the companies of Summitt Technology and VISX were supercharged with price fixing and violating the standards of the Federal calling Commission. As a matter of the price s basedals reveled by the FTC, patents became released to the patent pool, but were still subject to veto power by VISK and Summitt (Perry, 2003). As a result of the release to the public pool, the competing patents would no longer be held by a single entity (FTC.gov, 1998).There are several individual physician that croup also hold ophthalmic patents. For example, Dr. Richard Lindstrom, open up Manager of Minnesota Eye Consultants, holds cardinal patents involving ophthalmology and improvements in optical maser procedures (Minnesota Eye Consultants, 2006).At received time, there is no approval for the instruction of generic wine Lasik procedure products. This is due to the reasonable nature of the industry, as a generic procedure may cause combat injury to the patient and may not harmonize with all FDA regulated standards. One tardily released patent related to Lasik Surgery was patent number 6,951,556. This patent was issued to an individual by the name of Robert L. Epstein, MD. Dr. Epstein is the director of 800-I-CAN-SEE, the Mercy centerfield for Corrective Eye Surgery in McHenry, Illinois. The release of the patent provides a new way for physicians to correct off-center optical maser ablations that periodically occur as a result of the Lasik procedure. As a result of the patent, correction of off-center laser ablations can now be incorporated into newer laser correction machines (Epstein, 2005).The Lasik Surgery industry is an evolving and forever improving te chnology. It is important to understand the intellectual property laws and patent regulations so as to determine what the future holds for the industry. It will be interesting to see what changes result from the change magnitude privatization of the Lasik Surgery process.ReferencesEpsetin, Robert (2005). New Patent for Correcting cinch of Lasik Vision Treatments. Retrieved October 20, 2006 from http//eye.taragana.net/archive/new-patent-for-correcting-centering-of-lasik-vision-treatments/FTC.gov (1998). FTC Charges Two Firms that manoeuvre that Market for optical maser Eye Surgery with Price-Fixing Conspiracy. Retrived October 20, 2006 from http//www.ftc.gov/opa/1998/03/eye.htmMinnesota Eye Consultants (2006). Laser Vision Correction. Retrieved October 20, 2006 from http//www.seewithlasik.com/docs/lasik-minneapolis.html.Perry, Martin (2003). Laser Eye Surgery Patent Pool. Retrieved October 20, 2006 from http//72.14.253.104/ face?q=cacheqadHX0VPSOQJeconweb.rutgers.edu/perry/389/le ctures/PPTB389.F03.PatentPools.doc+number+of+lasik+surgery+patents&hl=en&gl=us&ct=clnk&cd=11.