Alcon Reports Third-Quarter Sales Increase and Announces Plan for ‘Multi-Year Transformation Program’

By Staff
Thursday, November 21, 2019 12:27 AM GENEVA—Alcon (SIX/NYSE:ALC) reported third-quarter financial results showing a 6 percent sales increase (at constant currency) for the period ended Sept. 30 and also announced a plan for “a multi-year transformation program” designed to reorganize and reinvest savings into “strategic growth initiatives supporting long-term financial goals.” The company also noted its successful recent U.S. launches of PanOptix and Precision1 contact lenses. For the third quarter, worldwide sales rose 4 percent on a reported basis to $1.8 billion.

ABB Optical Group Opens New Optical Lens Fabrication Lab in Northern Kentucky

By Staff
Thursday, November 21, 2019 12:24 AM
CORAL SPRINGS, Fla.—ABB Optical Group, a national provider of products, services and business solutions for the eyecare sector, announced Wednesday that the company’s optical lens fabrication business pillar has opened a new laboratory in Erlanger, Ky. The new 42,000 square-foot facility is replacing the company’s existing 8,000 square-foot facility in nearby Cincinnati. The lab’s current staff of more than 60 people will move into the new building, which in the future is expected to employ approximately 200 individuals, according to the announcement.

ABB Optical Names Marc Tersigni as Country Manager for Business Operations in Canada

By Staff
Wednesday, November 20, 2019 12:21 AM
CORAL SPRINGS, Fla.—ABB Optical Group, a leading provider of products, services and business solutions for the eyecare industry, has named Marc Tersigni as its country manager for its Canadian operations, according to an announcement on Tuesday. In this role, Tersigni will be responsible for leading business operations in Canada as ABB Optical Group will begin distributing contact lenses to Canadian eyecare professionals beginning in the first quarter of 2020. In September, ABB Optical first announced its plans to expand into the Canadian market beginning next year. It will distribute contact lenses starting with servicing FYidoctors, Canada’s largest doctor-owned provider of eyecare and ophthalmic products and services, and the group’s independent alliance clinics, as VMAIL reported

Leica Microsystems Taps Precision Lens for U.S. Midwest Distribution

By Staff
Wednesday, November 20, 2019 12:18 AM
BUFFALO GROVE, Ill.—Leica Microsystems and Precision Lens have signed an exclusive distribution agreement. Precision Lens, which sells and distributes intraocular lens (IOLs) and supplies for cataract surgery in its markets, will be Leica's exclusive channel partner for ophthalmic surgical microscopes and digital imaging equipment for the OR in select geographies in the U.S. Midwest. Under the agreement, Precision Lens will deploy a dedicated sales team to introduce the Leica ophthalmic portfolio to surgeons in 12 states, namely Arkansas, Iowa, Kansas, Minnesota, Missouri, Montana, Nebraska, North Dakota, Oklahoma, South Dakota, Wisconsin, and Wyoming.

CooperVision Says ‘Breakthrough’ MiSight 1 Day Lens for Childhood Myopia Set for March 2020 U.S. Launch

By Staff
Tuesday, November 19, 2019 12:24 AM
SAN RAMON, Calif.—CooperVision announced today that its innovative MiSight 1 day contact lens will launch in the U.S. early next year as part of a CooperVision myopia management initiative. The initiative is scheduled to begin in March. The MiSight lens received Food and Drug Administration (FDA) approval on Friday (Nov. 15), as VMAIL reported, and will be the cornerstone of a comprehensive myopia management approach to be offered by CooperVision, according to the company’s announcement.

Bausch + Lomb and TerraCycle Announce Donation of Custom Training Modules to Guide Dog Foundation

By Staff
Friday, November 15, 2019 12:24 AM
BRIDGEWATER, N.J.—Bausch + Lomb in collaboration with TerraCycle,  a world leader in the collection and repurposing of hard-to-recycle post-consumer waste, have announced a donation of custom training modules to the Guide Dog Foundation, a national not-for-profit that trains guide dogs for people who are blind or visually impaired. The training modules, including benches, tables, waste stations and an agility ramp, were made from used contact lens materials collected through the Bausch + Lomb ONE by ONE Recycling Program, the first and only contact lens recycling program of its kind in the United States, along with other recycled material, according to the announcement earlier this week.

ABB Optical Group Awards Donations to Seven Charities Through its ABB Cares Program

By Staff
Wednesday, November 13, 2019 12:15 AM CORAL SPRINGS, Fla.—ABB Optical Group, a leading national provider of optical products, services and business solutions, has announced that seven non-profit organizations will receive grants ranging from $1,000 to $5,000 for outstanding programming and community impact. The grants are issued under the auspices of the Sixth Annual ABB Cares Program, and all of the grant-winners were nominated by eyecare professionals from across the nation. Since the program’s inception in 2014, ABB Optical Group has donated more than $65,000 in grants to non-profit organizations in the United States, according to the company’s announcement this week.

Ocular Therapeutix Announces Strategic Update and Operational Restructuring

By Staff
Tuesday, November 12, 2019 12:21 AM BEDFORD, Mass.—Ocular Therapeutix Inc. (NASDAQ: OCUL), a biopharmaceutical company focused on developing and commercializing innovative therapies for diseases and conditions of the eye, announced an operational restructuring plan. Upon its completion, the plan is expected to result in an estimated $11 million in annualized savings through personnel reductions and approximately $14 million in one-time program deferrals. The company estimates that it will record costs associated with the restructuring of approximately $0.7 million in the fourth quarter, according to its announcement.

NovaBay Pharmaceuticals to Distribute NuLids System for Treating Dry Eye in Limited Markets

By Staff
Tuesday, October 29, 2019 12:21 AM EMERYVILLE, Calif.—NovaBay Pharmaceuticals Inc. (NYSE American: NBY), a biopharmaceutical company focusing on commercializing Avenova, said Monday that it has reached an exclusive 90-day agreement with NuSight Medical to distribute the NuLids System for treatment of blepharitis and dry eye in six of NovaBay’s top-performing territories. The NuLids System is a hand-held, cordless device that safely and effectively removes accumulated scurf from eyelashes and eyelids, while stimulating meibomian gland production in dry eye and blepharitis patients, according to the announcement.

Made in the USA

By Marge Axelrad
Monday, September 16, 2019 12:45 AM NEW YORK—Eyewear made in the U.S. has been experiencing a resurgence in the past few years, as newer firms and startups as well as older, long-time family companies with deep, historical roots in the sector are committed to furthering their presence in the business. Old and new, each is looking to develop or expand connections to a new generation of customers—and eyecare professionals and optical retailers—who appreciate brand stories and authentic history about how products are made and where they come from.

ArtCraft Optical: The Next Generation Continues and Modernizes a 101-year Eyewear Originator

By Marge Axelrad
Monday, September 16, 2019 12:44 AM ROCHESTER, N.Y.—The third generation is hard at work at ArtCraft Optical, continuing their grandfather’s legacy, one they see defining the company as synonymous with American-made legendary looks, world-class quality and a craftsmanship embedded in its DNA. Family-owned and continuously operated since 1918, ArtCraft is a global leader in the design and manufacture of dress frames, safety and military optical frames.

STATE Optical Co.: Expanding Its Story, Its Factory and Its Approach to American-Made

By Marge Axelrad
Monday, September 16, 2019 12:43 AM VERNON HILLS, Ill.—STATE Optical Co. describes itself is a “first-of-its-kind brand of luxury American eyewear proudly being manufactured in Chicago, USA.” After much investment since the company started as they partnered with then California Frieze Frame founders Marc Franchi and Jason Stanley, to relocate, build and create the new endeavor here, Scott Shapiro, STATE’s CEO recalls, “From a manufacturing standpoint, we have learned so much in five years, including the real obstacles of making eyeglasses in the U.S. without the infrastructure that supports such an endeavor. The machinery, servicing it, the raw materials to bring in, the tools, the training of a workforce is just the beginning.”

Modo Brooklyn Made: Crafting Classics in a Community of Makers

By Marge Axelrad
Monday, September 16, 2019 12:42 AM NEW YORK—Modo’s M Factory in Brooklyn is part of the growing “maker” and creative community within the legendary borough in a center known as Industry City. The company cites its origins in New York City in 1990, its new factory initiative was several years in the planning and concept stages before beginning its production. M Factory focuses on classic shapes and constructions.

Randolph USA: Extends its Manufacturing Expertise from the Military to Contemporary Eye Style

By Marge Axelrad
Monday, September 16, 2019 12:41 AM RANDOLPH, Mass.—From start to finish, Randolph USA has been building frames in America, at its facility outside of Boston, since 1973. Today, the company’s consistent investment, its strong relationships with all branches of the U.S. armed forces, and embarking on new innovations in specialties like precision sports and expansion into lifestyle sun and ophthalmics, is transforming the family-run firm. Randolph has added to its in-house manufacturing experts by augmenting its management team with new product development, marketing and sales expertise to reach new customers and a new generation of wearers.

Thema’s Virtual Eyewear Assistant Uses Modern Digital Tools to Build a Custom Frame

By Marge Axelrad
Monday, September 16, 2019 12:40 AM MIAMI—The Valmassoi family of Thema are using their history of Italian frame making to bring new capabilities to the company’s U.S. factory in Miami, and, most recently, are applying new digital technology to the company’s work on 3D acetate production. For some time, Thema has been offering customization options for its iGreen and O-Six lines as well as for the new Black Label collections debuting this fall.