Visioneering Taps MidSouth Premier Ophthalmics as Exclusive Distributor for NaturalVue Lenses

By Staff
Wednesday, June 24, 2015 12:18 AM ALPHARETTA, Ga.—Visioneering Technologies (VTI) has tapped MidSouth Premier Ophthalmics (MSPO) as the exclusive national distributor for its NaturalVue Multifocal 1 Day Daily Disposable Soft contact lenses.

Safilo Group to Relocate North American HQ in N.J., After Consolidating U.S. Distribution Into Denver Facility

By Staff
Monday, June 22, 2015 12:24 AM PARSIPPANY, N.J. and PADUA, Italy—Safilo Group (SFLG.MI) has announced that it intends to relocate its North American headquarters which is currently based here and currently co-located with a distribution center.

Allergan Agrees to Purchase Kythera Biopharmaceuticals for $2.1 Billion

By Staff
Friday, June 19, 2015 12:21 AM DUBLIN, Ireland—Allergan plc (NYSE: AGN), a leading global pharmaceutical company based here, has entered into a definitive agreement with Kythera Biopharmaceuticals, Inc. (NASDAQ: KYTH) in which Allergan has agreed to acquire Kythera in a cash and equity transaction valued at $75 per Kythera share, or approximately $2.1 billion, subject to the fulfillment of certain customary conditions.

Court Allows Utah Law Outlawing Contact Lens Universal Pricing Policies During Appeals Process

By Staff
Wednesday, June 17, 2015 12:24 AM SALT LAKE CITY—On June 12, 2015, a federal appeals court allowed a Utah law that prevents contact lens manufacturers from establishing minimum prices on certain products to go into effect.

Actavis Changes Name to Allergan Following Acquisition

By Staff
Wednesday, June 17, 2015 12:15 AM DUBLIN, Ireland—Actavis plc has changed its name to Allergan plc (NYSE: AGN) following its acquisition of Allergan in March 2015 and the approval of the name change by Actavis shareholders on June 5, 2015. The company began trading under the AGN symbol on Monday, June 15, 2015, after ringing the opening bell at the New York Stock Exchange.

InSite Vision to Merge With QLT to Create Ophthalmic Specialty Pharmaceutical Company

By Staff
Wednesday, June 10, 2015 12:21 AM ALAMEDA, Calif.—InSite Vision Inc. (OTCBB: INSV), based here, announced Monday, June 8, 2015, that it has reached a definitive agreement with QLT Inc., (NASDAQ: QLTI) (TSX: QLT) a Canadian biotechnology company, under which QLT will acquire InSite in an all-stock transaction.

Contact Lens Manufacturers Ask Appeals Court to Maintain Injunction Against Utah’s Anti-UPP Law

By Staff
Friday, June 05, 2015 12:24 AM SALT LAKE CITY—Following last week’s attempt by Utah, Costco and 1-800 CONTACTS to lift an injunction blocking a new state law that would have banned contact lens manufacturers from using Unilateral Pricing Policies (UPP) to set minimum retail prices on certain products, Alcon, Johnson & Johnson Vision Care and Bausch + Lomb filed papers in the 10th U.S. Circuit Court of Appeals on Tuesday, June 2, 2015, requesting that the injunction be solidified.

Marcolin and Iconix Renew Licenses for Candie’s, Bongo and Rampage Eyewear

By Staff
Wednesday, June 03, 2015 12:21 AM LONGARONE, Italy—Marcolin SpA and Iconix Brand Group have announced the extension of their licensing agreement for the design, production and distribution of the eyewear collections of sunglasses and optical frames for Candie’s, Bongo and Rampage brands until 2020.

CL Pricing Battle Continues: Utah, Costco and 1-800 CONTACTS Try to Lift Injunction Banning Anti-UPP Law

By Staff
Friday, May 29, 2015 12:27 AM SALT LAKE CITY—The Utah Attorney General’s Office opposed an injunction blocking a new state law that would have banned contact lens manufacturers from using Unilateral Pricing Policies to set minimum retail prices on certain products.

Federal Appeals Court Stops Utah’s Anti-UPP Law

By Staff
Friday, May 15, 2015 10:15 AM SALT LAKE CITY, Utah—A federal appeals court late on May 14 stopped a Utah law that would have banned contact lens manufacturers from using Unilateral Pricing Policies to set minimum retail prices on certain products.

Luxottica and Prada Renew License Agreement

By Staff
Friday, May 15, 2015 12:24 AM MILAN--Luxottica Group (MTA: LUX; NYSE: LUX) and Prada S.p.A., part of Prada Group, have announced the renewal of an exclusive license agreement for the design, production and worldwide distribution of prescription frames and sunglasses under the Prada and Miu Miu brands. The 10-year agreement will extend through Dec. 31, 2025.

Utah Outlaws Contact Lens Unilateral Pricing Policies Despite Litigation

By Staff
Wednesday, May 13, 2015 12:27 AM SALT LAKE CITY, Utah—The “Contact Lens Consumer Protection Act” (S.B. 169) went into effect in Utah on May 12 after a federal judge refused to side with allegations that the law was unconstitutional.

California Relists BpA as a Potentially ‘Hazardous’ Substance

By Staff
Wednesday, May 13, 2015 12:24 AM ALEXANDRIA, Va.— In a move that could have implications for eyeglass lens manufacturers, the State of California has relisted Bisphenol A (BpA) on its Proposition 65 list of potentially hazardous substances.

DeRigo Group Confirms 2014 Full Year Results

By Staff
Wednesday, May 13, 2015 12:23 AM LONGARONE, Italy—The board of directors of De Rigo Group (NYSE: DER) have approved the full year 2014 financial results of the company, which close positively for the De Rigo Group, with growth in turnover, earnings and positive net financial position, the company said.

The Vision Council Reports the FDA Adds Two Companies to ‘Red List’

By Staff
Monday, May 11, 2015 12:21 AM ALEXANDRIA, Va.—The Food and Drug Administration (FDA) has once again updated its Import Alert 86-07, adding two companies. Jiangxi Look Optical, a company from China and Koadak Optical Ind Co., Ltd from Taiwan are the most recent additions to the Red List bringing the total number of red-listed foreign companies on the Import Alert 86-07 to 24.
Loading...