Firm Sets Sealed-Bid Auction of Frameri’s Patent and Trademark Portfolio

By Staff
Thursday, January 17, 2019 12:18 AM SAN DIEGO—Heritage Global Patents & Trademarks has been appointed to auction the intellectual property of Frameri Inc., according to an announcement by the liquidation company on Tuesday. The intellectual property portfolio to be sold consists of granted patents, patent applications and trademarks and will be sold as one auction lot to the highest bidder. The deadline for submitting bids is Feb. 21, according to the announcement. The auction details are available here.  Frameri, which was launched in Cincinnati in 2014, was featured on the television show “Shark Tank” in 2015 for its innovative interchangeable frames and lens system.

Presbia Achieves ISO Medical Device Quality Milestone

By Staff
Tuesday, January 15, 2019 12:15 AM DUBLIN—Presbia PLC (NASDAQ:LENS), an ophthalmic device company and leader in near-vision restoration, achieved a major milestone toward complying with the revised ISO (International Standards Organization) 13485:2016 by successfully completing the ISO 13485:2016 audit with no major findings. This was an essential step in recertifying under the ISO standard with annual surveillance audits for the next two years. The renewal of the company’s CE Mark has been completed and is valid through 2022. Notified Body NSAI (National Standards Authority of Ireland) conducted the audit.

VM Global Leadership Summit 'Decoding the Consumer' Program Expands With Experts in AI Enterprise and Blockchain

By Staff
Monday, January 14, 2019 12:24 AM NEW YORK—The speaker roster is expanding for the upcoming Vision Monday Global Leadership Summit, "Decoding the Consumer: The New Science of Customer Behavior." Experts in new retail and health care technologies have joined the day-long exclusive program, which will be held here on March 20 at The Times Center. In the emerging category of using AI technology to build out knowledge of the customer and help create new and improved experiences, Justine Santa Cruz, SVP of enterprise & retail at Satisfi Labs joins the program. She is responsible for forging new partnerships with major brands, retailers and enterprise organizations to build automated solutions on the Satisfi Labs platform. Satisfi, an intelligent Answer Engine, uses internal data, customer input and product information to automate voice and text conversations between brands and their customers.

Atlantic Street Capital Forms Advancing Eyecare to Combine Marco Ophthalmic and Lombart

By Staff
Friday, January 11, 2019 11:05 AM STAMFORD, Conn.—Atlantic Street Capital is forming Advancing Eyecare Holdings to bring together its portfolio company Lombart Instrument with Marco Ophthalmic Inc.

Essilor Kicks Off 2019 with New Products, Promos and Programs for ECPs

By Staff
Thursday, January 10, 2019 12:27 AM PHOENIX—Nearly 900 Essilor employees, team members, ECP and lab partners and senior execs converged here earlier this week for Essilor of America's national sales and strategy meeting, themed "StandOUT," to reflect on 2018's achievements and prepare for a series of new programs, product launches and marketing programs for the coming year. Attendees at the four-day meeting heard from global and North American senior executives, took part in training sessions and recognized the achievements of colleagues among sales teams and IDD Partner Labs. The meeting's keynote speaker, blind adventurer and author, Erik Weihenmayer, who successfully climbed Mt. Everest, inspired the group with his poignant story and his "No Barriers" approach to achievement and fulfillment.

Bausch Health Chief Executive Presents 2019 Outlook at J.P. Morgan Conference

By Staff
Thursday, January 10, 2019 12:21 AM LAVAL, Quebec—Bausch Health Companies (NYSE/TSX: BHC) this week provided a company update at the 37th Annual J.P. Morgan Healthcare Conference in San Francisco, and chairman and chief executive officer Joseph C. Papa used the occasion to forecast a strong sales year for what the company calls its “significant seven” products. The presentation to the financial community was called “Pivoting to Offense” and highlighted the company's recent performance and accomplishments in its overall business transformation. (The company changed its name from Valeant Pharmaceuticals to Bausch Health in mid-2018 amid an ongoing attempt to reduce a high debt level.)

Innovega Announces Patent Allowance From U.S. Patent and Trademark Office

By Staff
Thursday, January 10, 2019 12:15 AM BELLEVUE, Wash.—Innovega has announced that the U.S. Patent and Trademark Office issued a notice of allowance to complement the company’s 12 patents. A recent patent, “Contact Lens and Method and Systems for Constructing a Contact Lens,” claims the ability to supply the required oxygen to the cornea when the lens contains components that are not oxygen permeable. Innovega has patented systems and methods for coupling eyeborne optics with display eyewear. The company claims two goals with these patents: removing the need for heavy, cumbersome eyewear and giving users a panoramic field of view.

FDA Approves Oculogica's EyeBox Eye-Tracking Concussion Test

By Staff
Monday, January 7, 2019 12:18 AM NEW YORK—Oculogica Inc., which develops algorithm-based neuro-diagnostic tools, said last week the FDA granted its De Novo request for the commercialization of EyeBox, the first non-invasive, baseline-free tool to aid in the diagnosis of concussion, according to the company’s announcement. FDA issued the approval Dec. 28, the announcement stated. Oculogica plans to market the device for use in pediatrics ages 5 and older, and adults up to 67 years of age, starting with a pilot launch for select, qualified sites, the announcement stated.

Richard Hughes Named President of Satisloh North America

By Staff
Friday, January 4, 2019 12:24 AM GERMANTOWN, Wis.—Satisloh North America announced that Richard Hughes has been named president, effective Jan. 1. Hughes, a lab industry veteran, succeeds Pete Lothes, who recently became president and CTO of Satisloh’s global business. In his new role, Hughes will report to Lothes. Hughes began his 22-year optical industry career as director of sales and service for ophthalmic instruments at Beitler McKee Optical Company, a wholesale lab in Pittsburgh. He soon became vice president of lab operations and sales and, in 2004, was appointed president and CEO.

Ron Walker Joins Innovega’s Communications Team and Advisory Boards

By Staff
Thursday, January 3, 2019 12:21 AM BELLEVUE, Wash.—Innovega Inc. has added longtime eyecare publisher Ron Walker to its team. He joins the many ophthalmic and consumer electronics industry veterans who serve on the Innovega communications team and its scientific and business advisory boards. “Ron brings much needed experience and talent to Innovega,” said Steve Willey, Innovega co-founder, president and CEO. “His expertise in publishing, social media management, digital media and public relations outreach to consumers and eyecare practitioners will strengthen our ability to communicate our value in the emerging field of extended reality.”

Change Healthcare Acquires PokitDok Assets

By Staff
Wednesday, January 2, 2019 12:15 AM NASHVILLE, Tenn.—Change Healthcare announced that it has acquired intellectual property (IP) and other key assets from PokitDok Inc., a platform-as-a-service company for health care. With this advanced software, IP and the PokitDok team, Change Healthcare further extends the capabilities and technology leadership of the Change Healthcare Intelligent Healthcare Network for payers, providers, and independent software vendors (ISVs), according to the company’s recent announcement. The details of the acquisition were not disclosed. The integration of key PokitDok APIs [application program interface] into the network will add new capabilities for digital health, telemedicine, and other new, disruptive care models that support value-based, patient-centric health care, the announcement noted.

Transitions Optical Announces 2018 Transitions Innovation Award Finalists

By Staff
Thursday, December 20, 2018 12:27 AM PINELLAS PARK, Fla.—Transitions Optical Inc. has named the finalists for its annual Transitions Innovation Awards, which recognize both individuals and companies for their innovative efforts and programs to support the Transitions brand.

1-800 Contacts Seeks to Delay FTC’s Recent Ruling Affecting Trademark Enforcement

By Staff
Monday, December 17, 2018 12:21 AM WASHINGTON—In a motion filed with the Federal Trade Commission last week, online contact lens retailer 1-800 Contacts has asked the commission to “stay” part of its recent order that affects the company’s trademark enforcement efforts. In its filing, 1-800 Contacts said the agency’s order “threatens irreparable harm to 1-800’s trademark enforcement efforts and rights, relationships with industry partners, and competitive position generally.” As VMAIL reported earlier this month, the FTC ruled that 1-800 Contacts, through its agreements related to online advertising, “unlawfully entered into a web of anticompetitive agreements with rival online contact lens sellers.”

FDA Clears First CL With Tangible’s Hydra-PEG Coating

By Staff
Monday, December 17, 2018 12:18 AM MENLO PARK, Calif.—Contact lens maker Tangible Science announced Friday that the U.S. Food and Drug Administration (FDA) has cleared the first daily disposable silicone hydrogel contact lens coated with a modified formula of Tangible Hydra-PEG. Tangible Hydra-PEG is a coating applied to custom contact lenses to improve lens wettability and deposit resistance, and the new lens utilizes a variation designed to enhance the surface of daily wear lenses. The new coated silicone hydrogel lens is designed to retain more water and stay cleaner during daily wear than an uncoated lens. Wetter and cleaner lenses are associated with greater patient comfort during wear, according to Tangible Science.

Essilor Further Strengthens Its Employee Shareholding

By Staff
Monday, December 17, 2018 12:15 AM CHARENTON-LE-PONT, France—Essilor announced Friday that employee shareholding worldwide is expected to reach around 65 percent, a 10 percent increase compared with a year ago. More than 45,000 Essilor employees in 58 countries now hold a financial stake in EssilorLuxottica, born following the successful combination of Essilor and Luxottica on October 1st, 2018. After the success of its employee shareholding plan in 2017, Essilor launched “Boost 2018”, a wider employee share ownership initiative. With a subscription rate at a record level of 66 percent, the company’s latest initiative enabled more than 35,000 Essilor employees in over 40 countries to become shareholders of the Group or to increase their participation.