Luxottica Acquires Key Assets of Exciton, a Lens Technology Company

By Staff
Wednesday, July 27, 2016 12:24 AM DAYTON, Ohio—Luxottica is acquiring key assets of Exciton, a Dayton-based technology company with expertise in the development and integration of high performance dyes into the medical, electronic and optical industries.

Vision Expo Education Positively Impacts Practices, Research Shows

By Staff
Wednesday, July 27, 2016 12:21 AM NORWALK, Conn.—The Vision Expo continuing education (CE) program, positively impacts practices and ultimately patients, according to research following Vision Expo East.

Gerard Cottet, an Architect of Essilor’s Growth, Dies at 84

By Staff
Wednesday, July 27, 2016 12:18 AM CHARENTON-LE-PONT, France—Gerard Cottet, a longtime Essilor International executive who was a principal architect of the company’s transformation from a French optical exporting company into a leading global optical supplier, passed away July 17 at age 84.

ReVision Optics Names Frank Shields VP of Sales Worldwide

By Staff
Wednesday, July 27, 2016 12:15 AM LAKE FOREST, Calif.—Revision Optics, Inc., announced the appointment of Frank Shields to the newly created position of vice president of sales worldwide.

Luxottica Reports Modest Growth in First Half of 2016

By Staff
Monday, July 25, 2016 3:45 PM MILAN—Luxottica Group S.p.A. (NYSE:LUX) reported today modest gains in net sales and adjusted net income for the first half of 2016 ending June 30.

Luxury Optical Holdings Names Timothy Mayhew CEO, Outlines Strategic Growth Plan

By Staff
Monday, July 25, 2016 1:30 PM NEW YORK—Luxury Optical Holdings (LOH) announced today that it has named Timothy Mayhew as CEO, effective immediately.

Anthem Criticizes Justice Department’s Efforts to Block Its Proposed Merger With Cigna

By Staff
Monday, July 25, 2016 12:24 AM INDIANAPOLIS—Health insurance giant Anthem is strongly criticizing the U.S. Department of Justice (DOJ) for attempting to block Anthem’s proposed acquisition of rival insurer, Cigna.

Second Sight Announces Positive Five-Year Data from Argus II Retinal Prosthesis System

By Staff
Monday, July 25, 2016 12:21 AM SYLMAR, Calif.—Second Sight Medical Products announced that a five-year study of patients who have the Argus II artificial retina implant has yielded positive results.

Valeant’s New Glaucoma Drug Raises No Safety or Efficacy Concerns With FDA

By Staff
Monday, July 25, 2016 12:18 AM LAVAL, Quebec—Valeant Pharmaceuticals International (NYSE: VRX and TSX: VRX) announced that it has received a Complete Response Letter (CRL) from the U.S. Food and Drug Administration (FDA) regarding the New Drug Application (NDA) for latanoprostene bunod ophthalmic solution, 0.024 percent, an intraocular pressure lowering single-agent eye drop for patients with open angle glaucoma or ocular hypertension.

Gary Gerber, OD, Shares His Practice Advice on July 27 ‘Power Hour’

By Staff
Monday, July 25, 2016 12:15 AM FRANKLIN LAKES, N.J.—On the July 27 ‘Power Hour,” the weekly broadcast hosted by Gary Gerber, OD, founder of The Power Practice, he will share his Power Practice client list of “If I’d only known then what I know now” advice.

Centers for Medicare & Medicaid Services Release Proposed Medicare Fee Schedule

By Staff
Friday, July 22, 2016 12:24 AM NEW YORK—A proposed rule for Medicare's 2017 Physician Fee Schedule contains several policies that will impact doctors of optometry participating in postoperative care, diabetes care and Medicare Advantage plans.

Prevent Blindness Holds 5th Annual Focus on Eye Health National Summit

By Staff
Friday, July 22, 2016 12:21 AM WASHINGTON, D.C.—On July 13, Prevent Blindness held its 5th annual Focus on Eye Health National Summit at the National Press Club here and featured presentations from a variety of leading experts in vision and public health. The full webcast and copies of the all the presentations can be found here.

Justice Department and State Attorneys General Sue to Block Health Insurers’ Mega-Mergers

By Staff
Friday, July 22, 2016 12:18 AM WASHINGTON—The U.S. Department of Justice and attorneys general from multiple states and the District of Columbia sued yesterday to block Anthem’s proposed acquisition of Cigna and Aetna’s proposed acquisition of Humana, alleging that the transactions would increase concentration and harm competition across the country, reducing from five to three the number of large, national health insurers in the nation.

ABB Optical Group Awards $5,000 Grant to UIW Rosenberg School of Optometry

By Staff
Friday, July 22, 2016 12:15 AM CORAL SPRINGS, Fla.—ABB Optical Group announced that the UIW Rosenberg School of Optometry won the first University Education Challenge, a program hosted by ABB Optical and Paragon Vision Sciences to support aspiring optometrists. The school received a $5,000 unrestricted educational grant.

Feds Query Essilor About Promotional Activity

By Staff
Thursday, July 21, 2016 2:20 PM DALLAS—Essilor of America has been notified by the federal government that it has an interest in “certain promotional activity occurring in the lens industry” and has requested information concerning several of Essilor of America’s promotions.
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