CooperVision Specialty EyeCare Appoints Weiwen Chen to Lead Asia-Pacific Region Expansion

By Staff
Tuesday, September 27, 2022 12:18 AM SAN RAMON, Calif.—CooperVision Specialty EyeCare has named Weiwen Chen as business manager, Asia-Pacific. In this newly-created role, she will lead the organization’s rapid growth and category expansion across the region.

FTC Returning More Than $1.9 Million to Consumers Nationwide Who Purchased Hubble Contact Lenses Without Properly Obtained or Verified Rx

By Staff
Wednesday, September 7, 2022 12:21 AM WASHINGTON D.C.—The Federal Trade Commission said last week it is sending payments totaling more than $1.9 million to 30,172 consumers nationwide who bought Hubble brand contact lenses from Vision Path, Inc.

Bausch Health Says It Continues the Process Toward Separating Bausch + Lomb Eye Health Business

By Staff
Friday, August 26, 2022 12:24 AM LAVAL, Quebec—Bausch Health Cos. (NYSE/TSX: BHC) said this week that it has transferred common shares in an amount equal to approximately 38.6 percent of the issued and outstanding shares of Bausch + Lomb Corp. to an existing wholly owned unrestricted subsidiary of Bausch Health. This transfer is consistent with the company's “commitment to the separation of Bausch + Lomb and provides the company with strategic flexibility while it evaluates all relevant factors and considerations relating to the separation of Bausch + Lomb,” the Bausch Health announcement noted.

CooperVision Costa Rica Manufacturing Facility Earns Prestigious LEED Gold Certification

By Staff
Tuesday, August 16, 2022 12:24 AM SAN RAMON, Calif.—In recognition of its continued leadership in sustainability, CooperVision’s contact lens manufacturing facility in Alajuela, Costa Rica, has been elevated to the prestigious LEED Gold status following program recertification from U.S. Green Building Council (USGBC). It is the most widely used green building rating system in the world.

Alcon Says it Is ‘Launching New Products and Gaining Share’ as Second-Quarter Results Show Sales and Margin Increases

By Staff
Thursday, August 11, 2022 12:24 AM GENEVA—Alcon (SIX/NYSE:ALC) said this week that its second-quarter sales increased 5 percent on a reported basis to $2.2 billion, and noted that the increase was 10 percent on a constant currency basis. Sales in both surgical and vision care in the second quarter ended June 30 benefited from “product innovation, continued recovery across international markets from the COVID-19 pandemic and sales from acquired products,” the company’s announcement noted.

Art Optical Announces Specialty Contact Lens Student/Resident Travel Grant Program for 2023

By Staff
Monday, August 8, 2022 12:18 AM GRAND RAPIDS, Mich.—Art Optical Contact Lens Inc., a leading provider of custom contact lenses, has announced a travel grant opportunity for optometry students and residents for 2023. As a dedicated supporter of optometric education and to encourage students with an interest in specialty contact lenses, Art Optical will award up to six travel grants, valued at $750 each, to attend a specialty contact lens meeting.

Growth in Vision Care Helps Boost Bausch + Lomb's Overall Performance in the Second Quarter

By Staff
Friday, August 5, 2022 12:30 AM VAUGHAN, Ontario—Bausch + Lomb Corp. (NYSE/TSX: BLCO) reported Thursday that its second-quarter revenue increased 1 percent (on a reported basis) to $941 million, and approximately 6 percent organically, “driven by strong performance in vision care and surgical segments.” The year-ago revenue total was $934 million. Foreign exchange had an unfavorable impact on revenues of $46 million in the second quarter, the company noted. In the vision care segment, revenue totaled $589 million in the second quarter, which compares with $556 million in the second quarter of 2021, an increase of $33 million, or 6 percent.

Specialty Contact Lens Innovator Daddi Fadel Joins CORE

By Staff
Friday, August 5, 2022 12:21 AM WATERLOO, Ontario—Specialty contact lens innovator Daddi Fadel, DOptom, FSLS, FBCLA, FAAO, FIACLE, will join the Centre for Ocular Research & Education (CORE) in September 2022.

Alcon Strengthens Research and Development Team With Addition of Dr. Edward J. Holland

By Staff
Thursday, August 4, 2022 12:15 AM FORT WORTH, Texas—Alcon said recently that the world-renowned professor of ophthalmology Edward J. Holland, MD, will join the company as a member of the research and development (R&D) team. Dr. Holland is a thought-leader in ophthalmology, specializing in the field of cornea and the ocular surface, according to the company’s recent announcement. He will serve as an enterprise senior scientific advisor to Alcon while continuing his private practice. In his role with Alcon, Dr. Holland will be integral in providing strategic input on Alcon’s pipeline and portfolio, including ophthalmic pharmaceuticals.

Walmart Announces Exclusive Partnership With Waldo Contact Lenses, Adding Brand to its Vision Centers Nationwide

By Staff
Wednesday, July 27, 2022 12:30 AM BENTONVILLE, Ark.—Walmart and direct-to-consumer contact lens brand Waldo are partnering to offer the lens brand across all of the retailer’s vision centers. The goal is to “make eyecare more accessible and affordable,” Walmart said in an announcement Tuesday. The Waldo lenses are available in-store now, and also on the website WalmartContacts.com.

Bausch + Lomb Begins Search for Successor to CEO Joseph Papa, Who Also Steps Down as B+L’s Board Chairman

By Staff
Friday, July 22, 2022 12:27 AM VAUGHAN, ONTARIO—Just a little over two months after its partial spinoff from parent company Bausch Health Companies Inc. (NYSE/TSX: BHC), the eye health and vision care company Bausch + Lomb Corp. (NYSE/TSX: BLCO) is undertaking a search for a successor to chief executive officer Joseph Papa. Papa stepped down as chairman of the board of Bausch + Lomb earlier this week, and the company also announced at the same time that it has begun a search for a successor to Papa as CEO of Bausch + Lomb. He will continue in the CEO role and as a member of the board until a successor is appointed, the company said in its announcement on Wednesday.

Johnson & Johnson Reports 8.1 Percent Operational Sales Increase in Second Quarter as U.S. Vision Care Shows 6.2 Percent Growth

By Staff
Wednesday, July 20, 2022 12:27 AM NEW BRUNSWICK, N.J.—Johnson & Johnson (NYSE: JNJ) reported Tuesday that its sales in the  second quarter increased 3 percent to $24.0 billion, with operational growth of 8 percent and adjusted operational growth of 8.1 percent.

Federal Court Rules in Favor of Warby Parker in Trademark Suit Brought by 1-800 Contacts

By Staff
Tuesday, July 5, 2022 12:24 AM NEW YORK—A judge in U.S. District Court in Manhattan last week ruled in favor of Warby Parker in a trademark lawsuit brought by 1-800 Contacts.

Bausch + Lomb Announces Brett Icahn and Gary Hu Have Been Appointed to its Board of Directors

By Staff
Monday, June 27, 2022 12:21 AM VAUGHAN, Ontario—Bausch + Lomb Corp. (NYSE/TSX: BLCO) announced Friday that it has expanded its board of directors to add two designees to the board from Carl C. Icahn and affiliated entities (Icahn Group).

CooperVision Expands New York Manufacturing and Distribution Facilities in Move to ‘Significantly Increase Capacity’

By Staff
Thursday, June 23, 2022 12:18 AM ROCHESTER, N.Y.—To meet growing demand from eyecare professionals and wearers for its portfolio of contact lenses, CooperVision has begun construction on the expansion and renovation of its manufacturing, packaging and distribution facilities in Scottsville and West Henrietta, N.Y.