FDA and Optical Stress Safe Contact Lens Wear on Halloween

By Staff
Friday, October 17, 2014 12:33 AM NEW YORK—Health care, government and ophthalmic organizations and ECPs are joining  to warn the public against the dangers of costume contact lenses worn without a prescription this Halloween season.

Johnson & Johnson Vision Care Adjusts Unilateral Pricing Policy, Others Remain the Same

By Staff
Monday, October 06, 2014 12:16 AM JACKSONVILLE, Fla.—Following Johnson & Johnson Vision Care’s introduction of Unilateral Pricing Policy for its contact lenses in June 2014 on some “strategic brands,” as reported by VMail, last month the company recently announced an adjustment to the policy.

Unilens Net Income Up Over 100 Percent for Q4, Up About 15 Percent for Fiscal Year 2014

By Staff
Friday, October 03, 2014 12:23 AM LARGO, Fla.—Specialty contact lens supplier, Unilens Vision Inc.’s (OTCQX: UVIC) net income increased 115.3 percent to $277,636 in the fourth quarter ended June 30, 2014, when compared with net income of $128,960 during the comparable fourth quarter period of 2013, according to operating results just released by the company.

Unilens Vision Inc. Begins Trading on OTCQX Exchange

By Staff
Friday, September 26, 2014 12:23 AM LARGO, Fla.— Unilens Vision Inc.’s (OTCQX: UVIC) common stock has been approved to trade on the OTCQX exchange, described as “the best marketplace within OTC Markets Group [OTCQX: OTCM] for established U.S. and global companies,” according to a statement released yesterday by OTC Markets Group, the operator of the OTCQX, OTCQB and OTC Pink financial marketplaces.

Unilateral Pricing (UPP) Is Topic of September 3 ‘Power Hour’ Featuring ABB Optical Group's Angel Alvarez

By Staff
Monday, September 01, 2014 12:18 AM FRANKLIN LAKES, N.J.— Unilateral Pricing (UPP) and what it means for ECPs will be the topic of the Sept. 3 “Power Hour,” featuring ABB Optical Group CEO, Angel Alvarez. “The Power Hour” is the weekly radio broadcast hosted by Gary Gerber, OD, founder of The Power Practice.

Unilens Expands Distribution of All C-Vue Brands With Diversified Ophthalmics

By Staff
Wednesday, August 20, 2014 12:15 AM LARGO, Fla. and CINCINNATI— Unilens Vision Inc. (OTCQB: UVIC), which develops, licenses, manufactures, distributes and markets specialty contact lenses, and Diversified Ophthalmics, Inc. announced yesterday that Diversified has been named an authorized distributor throughout the U.S. for Unilens' entire C-Vue family of disposable and C-Vue Advanced Custom contact lens brands.

CooperVision to Launch E-commerce Service for Contact Lens Ordering

By Staff
Monday, August 18, 2014 12:18 AM PLEASANTON, Calif.— CooperVision is unveiling an e-commerce service designed to help independent eyecare practitioners build their contact lens business and provide patients with an online method of purchasing their lenses from the ECP’s practice.

CooperVision Completes Acquisition of Sauflon, Expanding Its One-Day CL Options

By Staff
Friday, August 08, 2014 12:24 AM PLEASONTON, Calif.—The Cooper Companies, Inc. (NYSE:COO), parent of CooperVision, has completed the acquisition of Sauflon Pharmaceuticals Ltd., manufacturer and distributor of soft contact lenses and solutions.

Senate Subcommittee Explores Contact Lens Pricing and Unilateral Price Policies

By Staff
Friday, August 01, 2014 12:30 AM WASHINGTON, D.C. – The issue of contact lens pricing, particularly whether new Unilateral Price Policies (UPP) being implemented this year by several major contact lens companies, was the topic explored by a hearing of the U.S. Senate’s Judiciary Antitrust Subcommittee on Wednesday of this week.

U.S. Senate Judiciary Subcommittee Holding Antitrust Hearing Today on Pricing and Competition in CL Industry

By Staff
Wednesday, July 30, 2014 1:15 PM WASHINGTON, D.C. – The U.S. Senate’s Judiciary Antitrust Subcommittee is holding a hearing this afternoon here on pricing and competition in the contact lens industry. The title of the hearing session, posted on the U.S. Senate’s Judiciary Committee’s website, is “Pricing Policies and Competition in the Contact Lens Industry: Is What You See What You Get?”

1-800 CONTACTS Breaks Ground on New Corporate HQ

By Staff
Friday, July 18, 2014 12:27 AM DRAPER, Utah—At a groundbreaking ceremony this week, 1-800 CONTACTS, Inc. announced it will be constructing a new corporate headquarters facility here.

Alcon to License Google Technology for Smart Contact Lenses and IOLs

By Staff
Tuesday, July 15, 2014 7:35 AM BASEL, Switzerland— Alcon, the eyecare division of Novartis, has entered into an agreement with a division of Google Inc.  to license its "smart lens" technology for all ocular medical uses.

Johnson & Johnson Vision Care Introduces Unilateral Pricing Policy on ‘Strategic Brand’ CLs, Discontinues Some Acuvue Brands

By Staff
Wednesday, July 02, 2014 12:27 AM JACKSONVILLE, Fla—Last week, in a letter addressed to eyecare professionals dated June 24, 2014, Laura Angelini, president, Johnson & Johnson Vision Care – North America, announced the company’s launch of its “Enterprise Strategy” and “roadmap for the future,” part of which includes resetting the price of specific contact lens products in the U.S. according to a new “unilateral pricing policy.”

Cooper to Buy Sauflon for $1.2B

By Staff
Tuesday, July 01, 2014 7:31 AM PLEASANTON, Calif.—The Cooper Companies, Inc. (NYSE: COO) has entered into definitive agreements to acquire Sauflon Pharmaceuticals Ltd., a European manufacturer and distributor of soft contact lenses and solutions, for $1.2 billion.

Alcon Introduces Monthly Replacement Color Si Hy CLs

By John Sailer
Monday, June 16, 2014 12:00 AM FORT WORTH, Texas—Alcon has launched the first monthly replacement color contact lenses available in the U.S. using silicone hydrogel technology.
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