Bausch + Lomb Ends Unilateral Pricing Policy

By Staff
Monday, February 13, 2017 12:27 AM BRIDGEWATER, N.J.—Bausch + Lomb became the latest contact lens company to move away from its Unilateral Pricing Policy (UPP) with the announcement late Friday that a “competitive imbalance” had forced the company to discontinue the program.

Blanchard Contact Lenses Announces Scleral Lens Workshop Tour

By Staff
Friday, February 10, 2017 12:18 AM MANCHESTER, N.H.—Blanchard Contact Lenses—a scleral lens designer—released cities and dates for its upcoming spring Beyond the Limbus Scleral Lens Workshop tour.

FTC Review of Contact Lens Regulations Draws Thousands of Industry Comments

By Staff
Monday, February 6, 2017 12:24 AM WASHINGTON, D.C.—When the Federal Trade Commission (FTC) in November announced its intention to revise and update the Contact Lens Rule, which provides the framework around dispensing of contact lenses, the agency also had to seek public comments on its proposed changes before it could move ahead.

Hoya’s Revenue Drops But Profit Increases in 3Q 2016

By Staff
Wednesday, February 1, 2017 12:26 AM TOKYO—Hoya Corp. (TOKYO:7741) reported a decrease in revenue but an increase in profit for the third quarter ended Dec. 31, 2016.

Johnson & Johnson Reports Gains in Full-Year and Fourth-Quarter Sales, Earnings

By Staff
Wednesday, January 25, 2017 12:23 AM NEW BRUNSWICK, N.J.—Johnson & Johnson (NYSE: JNJ) reported Tuesday that its worldwide sales totaled $71.9 billion in fiscal 2016, an increase of 2.6 percent compared to 2015, and its adjusted earnings per share (EPS) totaled $6.73, an increase of 8.5 percent.

Deadline Nears for Filing Comments on FTC’s Proposed Changes to Contact Lens Rule

By Staff
Wednesday, January 25, 2017 12:18 AM WASHINGTON, D.C.—The deadline for submitting comments to the Federal Trade Commission’s (FTC) proposed changes to the current Contact Lens Rule is Monday, Jan. 30, 2017.

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.
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