Novartis to license Google "smart lens" technology for Alcon

ZURICH, July 15 Tue Jul 15, 2014 1:34am EDT

ZURICH, July 15 (Reuters) - Novartis said it has struck an agreement with Google for its eyecare unit Alcon to license the American technology firm's smart lens technology for medical use.

Apple Inc, Samsung Electronics Co and Google are among firms looking for applications that could turn their wearable technology into healthcare aids.

Basel-based Novartis did not disclose financial terms of the Google deal, which provides Alcon the opportunity to develop and commercialize the smart lens. (Reporting By Katharina Bart; Editing by Maria Sheahan)

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