Stock drop.
Stock Drop: Shares of Staar Surgical Co. dropped nearly $3 last
week following a mixed decision by a Food and Drug Administration panel
on the Monrovia Monrovia, city, Liberia
Monrovia (mənrō`vēə), city (1986 est. pop. 465,000), capital of the Republic of Liberia, NW Liberia, a port on the Atlantic Ocean at the mouth of the St. Paul River. company's new implantable contact lens implantable contact lens Ophthalmology A refractive lens implanted over the natural lens of the eye for correcting myopia and farsightedness. See Myopia. , which the
company views as a potential competitor to laser eye surgery. The panel
approved the lens but expressed safety concerns that one analyst said
could limit its sales.
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