Paragon CRT Contact Lenses Approved by China Food & Drug Administration

By Staff
Wednesday, January 11, 2017 12:18 AM MESA, Ariz.—Paragon Vision Sciences, a leader in orthokeratology, today announced approval from the China Food and Drug Administration (CFDA) and commercial availability of its corneal reshaping/orthokeratology brand, Paragon CRT Contact Lenses in China.

SynergEyes and Menicon Partner to Expand SynergEyes’ Specialty Contact Lens Portfolio

By Staff
Monday, January 9, 2017 12:24 AM CARLSBAD, Calif.—SynergEyes, a leading hybrid specialty contact lens company, has agreed to a new partnership with NKL Contact Lens.

SynergEyes Announces Partnership with Tangible Science for Contact Lens Coating

By Staff
Monday, January 2, 2017 12:21 AM CARLSBAD, Calif.—SynergEyes Inc. reported it has reached a licensing agreement with Menlo Park, Calif.-based Tangible Science.

Alcon Ends UPP Program and Will Focus on its ‘Innovative Partnerships’ to Support ECPs

By Staff
Wednesday, December 28, 2016 12:24 AM FORT WORTH, Texas—Alcon has decided to end its Unilateral Pricing Policy (UPP) for contact lenses in a move the company said will bring an end to “competitive imbalance” that exists because of a Utah state law that prohibits such pricing strategies in Utah.

Updated: Contact Lens Makers Weigh Options After Appeals Court Denies Injunction

By Mark Tosh
Monday, December 26, 2016 12:27 PM DENVER—A U.S. Court of Appeals ruled against three leading contact lens makers in their bid to delay enforcement of a Utah law that prohibits minimum retail pricing policies.

Ad Industry Monitor Asks B+L to Back Off Some Claims for PeroxiClear, But OKs Others

By Staff
Monday, December 5, 2016 12:24 AM NEW YORK—An ad industry trade group that monitors advertising claims has recommended that Bausch + Lomb modify or discontinue certain ad claims about its PeroxiClear Solution.

Online Contact Lens Startup Sightbox Raises $1.8 Million

By Staff
Wednesday, November 30, 2016 12:18 AM PORTLAND, Ore.—The startup company Sightbox, which offers a membership-based supply service for contact lens wearers, has raised $1.8 million in a seed-round of funding.

CooperVision President Jerry Warner Is Guest on Tonight’s ‘Power Hour’

By Staff
Wednesday, November 30, 2016 12:15 AM FRANKLIN LAKES, N.J.—CooperVision president, Jerry Warner, is the guest on tonight’s episode of “Power Hour,” the weekly broadcast hosted by Gary Gerber, OD, founder of The Power Practice.

Alcon to Host Local Multifocal Contact Lens Fitting Event Today in Memphis

By Staff
Monday, November 28, 2016 12:11 AM MEMPHIS—Alcon is hosting a training event today at the Southern College of Optometry in Memphis to help eyecare professionals become more successful in fitting multifocal contact lenses.

Start-up Simple Contacts Raises $2 Million in Seed-Funding Round

By Staff
Wednesday, November 23, 2016 12:21 AM NEW YORK—The start-up company Simple Contacts, which offers an app-based eye test and refill service for contact lens wearers, has raised $2 million in seed funding that it will use to fund further development, an executive of the company confirmed to VMail this week.

FTC Proposes Changes to the 2004 Contact Lens Rule and Sets Deadline for Comments

By Staff
Wednesday, November 16, 2016 12:30 AM WASHINGTON, D.C.—The Federal Trade Commission proposed changes to the 2004 Contact Lens Rule, and also provided details on how the public can comment on the agency’s proposal by Jan. 30, 2017.

Valeant Pharmaceuticals to Settle FTC Charges Related to Paragon Acquisition

By Staff
Friday, November 11, 2016 12:27 AM LAVAL, Quebec—Valeant Pharmaceuticals International, parent of Bausch + Lomb, has agreed to divest Paragon Holdings to settle charges that its May 2015 acquisition of Paragon violated both Federal Trade Commission (FTC) regulations and a section of the Clayton Act, according to a FTC news release earlier this week.

J. Keith Lomas to Step Down in Early 2017 at UK’s UltraVision

By Staff
Wednesday, November 9, 2016 12:18 AM BEDFORDSHIRE, U.K.—UltraVision CLPL, a leading international contact lens manufacturer, reported Tuesday that group chief executive officer J. Keith Lomas will step down in early 2017 and will turn over day-to-day management responsibilities to an executive management team led by John Clamp, a partner with Lomas in building the company.

1-800 Contacts Testing Lumen Optical, a Boutique-Like Optometry Retail Center

By Staff
Friday, November 4, 2016 12:24 AM DRAPER, Utah—1-800 Contacts Inc.,the leading online contact lens retailer in the U.S., is testing the brick-and-mortar retail space with the opening of two “high-service, boutique environment” Lumen Optical stores outside of Chicago.

Yen’s Appreciation Lowers Hoya’s 2Q Revenue, But U.S. Eyeglass Sales Grew

By Staff
Monday, October 31, 2016 12:23 AM TOKYO—Hoya Corp. (TOKYO: 7741) reported that the Hoya Group’s revenue decreased 11.8 percent year on year, to 114,865 million yen, for the second quarter ended Sept. 30, 2016.
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