Contact Lens News

  1. FORT WORTH, Texas—Alcon expects to build upon its 70 years of history in this Texas metro area following its spinoff from parent company Novartis in 2019, the eyecare group’s new chief executive officer has said. “Fort Worth is where Alcon was born more than 70 years ago, and we look forward to building on our legacy here following the proposed spinoff,” chief executive officer David Endicott said in a statement to the Star-Telegram of Fort Worth earlier this week.
  2. CARLSBAD, Calif.—The board of directors of SynergEyes, Inc. has appointed Bob Ferrigno as chief executive officer, effective June 27.
  3. BRIDGEWATER, N.J.—Bausch + Lomb, a leading global eye health company, announced that it has entered into a worldwide licensing agreement with Tangible Science, LLC, a company whose mission is to create technologies that improve the contact lens wearing experience.
  4. CARLSBAD, Calif.—SynergEyes, a leading hybrid specialty contact lens company, announced a new partnership with the Brien Holden Vision Institute,  the leading translational vision correction center which delivers advanced, customized vision correction for myopes and presbyopes. The exclusive worldwide licensing agreement will enable the manufacturing of design technologies developed by Brien Holden Vision Institute, augmenting the SynergEyes presbyopic package by offering the latest designs on the hybrid contact lens platform. With around half of the world’s population predicted to be myopic by 2050, and with the U.S. Baby Boomer generation now fully presbyopic, it is crucial that technological innovation in contact lens design and manufacturing is translated into high performance products to manage these visual deficiencies, the announcement said.
  5. CORAL SPRINGS, Fla.—ABB Optical Group recently hosted its national sales meeting in Orlando with a focus on the growth of the eyecare industry.
  6. CORAL SPRINGS, Fla.—ABB Optical Group, which supplies optical products and services for the eyecare industry, has agreed to acquire Glimpse Live, according to an announcement.
  7. NEW YORK—Simple Contacts, an eyecare telemedicine company, announced $16 million in funding from Waypoint Capital Partners, with participation from returning investors Goodwater Capital, Steven Cohen, executives from Flatiron Health and some ophthalmologists.
  8. TOKYO—Hoya Corp. (TOKYO: 7741) reported that sales for the Hoya Group during the fourth quarter ended March 31, 2018 rose 7.6 year on year, reaching 135,923 million yen.
  9. SACRAMENTO, Calif.—The California Optometric Association (COA) said that it is advising consumers in the state that online vision tests “come with significant safety concerns.”
  10. SARASOTA, Fla.—E-Vision, an optical technology company based here that is developing an autofocusing contact lens, recently announced that it has successfully completed an electronic contact lens platform device to demonstrate the ability to its lens to electronically change diopters in real time. The device electronically shifts focus on demand utilizing e-Vision Smart Optics patented technology, the company said in a press release. “People are amazed as they see the lens in action, realizing how this technology can impact our industry by offering electronic diopter control. Our first-in-category electronically controlled features must be seen to believe,” said Joel D. Zychick, E-Vision’s president and CEO.