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SAN FRANCISCO—Two of the world’s largest ophthalmic organizations announced this week a new collaboration to help accelerate the growth and success of companies focused on new therapies for eye disorders, according to an announcement. The American Academy of Ophthalmology (AAO) and the American Society of Cataract and Refractive Surgery (ASCRS) are developing a series of business forums that bring together industry, ophthalmologists and investors. “The goal is to tap the scientific talent and entrepreneurial spirit of these two storied institutions to nurture a variety of businesses, from startups to blue-chip companies,” the announcement noted.

The innovation forums will be held during the annual meetings of the Academy and ASCRS, with the first set for May 14, 2020, at the ASCRS annual meeting in Boston, followed on Nov. 12 before AAO 2020 in Las Vegas. The meetings are designed for all innovation stakeholders, including scientists, entrepreneurs, executives, investors and ophthalmologists, according to the announcement.

“This collaboration is a unique opportunity to benefit patients around the world,” David W. Parke II, MD, chief executive of AAO, said in the announcement. (AAO is based here.) “This is the first time that two medical societies have come together to develop a joint business innovation meeting that has great value to a broad range of attendees. We are delighted to combine our resources in this new effort.”

“It’s clearly time for both the Academy and ASCRS to develop a next-generation ophthalmic business forum, given the power of these two societies to bring together the top minds in ophthalmology and business,” added Steve Speares, executive director of ASCRS. “It’s an exciting opportunity to get better treatments to patients, quicker.”

More details on the partnership and events will be available in late 2019, the announcement stated.