Hoya Group Reports Significant Increases in Sales and Profits in First Quarter

By Staff
Friday, July 30, 2021 12:27 AM TOKYO—Boosted by strong sales in both North America and Europe, Hoya Group (7741:JP) on Thursday reported that sales for the first quarter (April 1 through June 30) of its current fiscal year totaled 158,000 million yen, an increase of 44.5 percent from the same period of the previous fiscal year. The quarterly profit before tax totaled 51,018 million yen, and quarterly profit amounted to 41,299 million yen, up 59.7 percent and 61.1 percent, respectively. The quarterly profit margin before tax was 32.3 percent, representing a year-on-year increase of 3.1 points.

Contact Lens Institute Unveils New Research Supporting 'See Tomorrow' Initiative and Offers Tips to Help ECPs Reconnect With Patients

By Staff
Monday, July 26, 2021 12:21 AM WASHINGTON, D.C.—In an effort to help ECPs identify and prepare for new opportunities arising from the COVID-19 pandemic, the Contact Lens Institute (CLI) presented findings from its new research looking at how patients’ views of health care and vision care have changed over the past 18 months, and how ECPs can act upon this new patient mindset.

Bausch + Lomb to Invest €90 Million in Waterford, Ireland, Facility to Expand Capacity for Biotrue ONEday Lenses

By Staff
Friday, July 23, 2021 12:18 AM WATERFORD, Ireland—Bausch + Lomb this week announced plans to invest €90 million to expand manufacturing operations at its Waterford facility in Ireland. The investment is expected to generate 130 additional jobs when production commences in 2023 and will provide the Waterford facility with additional capacity to meet expected demand for its Biotrue ONEday range of contact lenses, B+L said in the announcement. The investment will further strengthen the Waterford plant’s position in supporting Bausch + Lomb’s efforts to increase market share in the contact lens market.

Johnson & Johnson Reports Rebound in Sales and Earnings, With Vision Care Segment Also Bouncing Back from 2020’s Dropoff

By Staff
Thursday, July 22, 2021 12:24 AM NEW BRUNSWICK, N.J.—Johnson & Johnson (NYSE: JNJ) reported Wednesday that its second-quarter sales increased 27.1 percent to $23.3 billion, with operational sales growth of 23 percent and adjusted operational growth of 23.8 percent. Net earnings increased 73.1 percent, totaling $6.3 billion in the recent quarter compared with $3.6 billion in the year-ago period, according to the announcement.

CooperVision Launches Campaign to Educate Consumers on the Sustainability of clariti 1 day Contact Lenses

By Staff
Thursday, July 15, 2021 12:18 AM SAN RAMON, Calif.—As many eyecare practices look for more ways to connect with their sustainability-focused patients, CooperVision has launched a digital marketing campaign called “Do One Better.”

1-800 Contacts Celebrates 25-Year Anniversary by ‘Fulfilling Visions that Were Put on Hold’ Due to COVID-19 Pandemic

By Staff
Tuesday, July 13, 2021 12:18 AM DRAPER, Utah—1-800 Contacts, a leading online retailer of contact lenses, said it will celebrate its 25th anniversary by “granting 25 deserving individuals the chance to have their vision brought to life with the launch of the REvision campaign.”

ABB Optical Group and Paragon Vision Sciences Announce Seventh Annual Optometry Student Challenge

By Staff
Monday, July 12, 2021 12:24 AM CORAL SPRINGS, Fla.—ABB Optical Group (ABB), in conjunction with Paragon Vision Sciences, has announced that it is accepting abstract submissions for the seventh annual Optometry Student Challenge.

New Issue of Contact Lens Update Summarizes Recent British Contact Lens Association’s Guidance for Contact Lens Practitioners

By Staff
Thursday, June 24, 2021 12:15 AM WATERLOO, Ontario—The latest issue of Contact Lens Update, now available for free from the Centre for Ocular Research & Education (CORE), consolidates conclusions from the new British Contact Lens Association’s (BCLA) Contact Lens Evidence-based Academic Reports (CLEAR) initiative into an easy-to-read summary for contact lens practitioners. CLEAR author and BCLA certificate program lead Dr. Manbir Nagra wrote the new issue’s editorial. She identifies common themes across the reports, highlights how to interpret scientific publications, examines the evidence base for several widely held beliefs, and looks to the future of contact lens practice, according to a recent announcement about the new issue of Contact Lens Update.

CooperCompanies Releases 2020 Environmental, Social, and Governance Report

By Staff
Friday, June 18, 2021 12:24 AM SAN RAMON, Calif.—CooperCompanies (NYSE: COO) this week published its first Environmental, Social, and Governance (ESG) Report, highlighting the company’s progress on ESG items most important to its businesses and stakeholders, including employees, shareholders, customers, and global communities. “At Cooper, we believe operating with integrity and conducting our business in a socially and environmentally responsible manner is important to our long-term success,” Al White, president and CEO of CooperCompanies, said in the announcement. “We are proud of our ESG progress and committed to accomplishing more.”

Circuit Court Rules That FTC Failed to Prove Violations of Antitrust Law in 1-800 Contacts' Search Advertising Agreements

By Staff
Tuesday, June 15, 2021 12:21 AM NEW YORK—The U.S. Court of Appeals for the Second Circuit on Friday overturned a decision by the Federal Trade Commission that claimed 1-800 Contacts had violated antitrust law by aggressively enforcing its trademarks against online competitors.

Several Optometry-Centered PR Campaigns and Programs Win 2021 Silver Anvil Awards

By Staff
Monday, June 14, 2021 12:15 AM NEW YORK—The Public Relations Society of America (PRSA) has named five McDougall Communications-led, optometry-centered campaigns among the world’s best over the past year, recognizing the agency’s work with five 2021 Silver Anvil honors.

Marketing4ECPs Partners With Otto Optics

By Staff
Thursday, June 10, 2021 12:15 AM CALGARY, Alberta—Marketing4ECPs, a Calgary-based digital marketing agency focused on eyecare, has formed a partnership with Otto Optics, a contact lens sales generation and process automation platform. The partnership enables clients of the agency to receive exclusive pricing, integration within their practice website, and a marketing launch package. “We are excited to announce this partnership and join forces with Otto Optics,” said Kevin Wilhelm, Marketing4ECPs co-founder and CEO. “This partnership will allow our clients and network of eyecare professionals an amazing opportunity to grow their contact lens revenue, improve patient experience, while streamlining in-office workflows.”

British Contact Lens Association's Clinical Conference in Mid-June Now Officially COPE Accredited

By Staff
Wednesday, June 2, 2021 12:21 AM MANCHESTER, England—The British Contact Lens Association (BCLA) announced this week that U.S.-based eyecare practitioners can earn up to 10 COPE points by attending the first-ever virtual BCLA Clinical Conference and Exhibition. The event, which this year is being live streamed around the world over a 30-hour period across different time zones, will take place June 13-14. COPE accreditation has now been secured, meaning attendees can earn points by attending the sessions that examine the findings of BCLA Contact Lens Evidence-based Academic Reports (CLEAR)—equivalent to 10-hours of accredited education, according to the announcement.

Alliance for Patient Safety and AOA Support the Reintroduction of the Contact Lens Prescription Verification Modernization Act

By Staff
Friday, May 21, 2021 12:18 AM WASHINGTON—According to the Health Care Alliance for Patient Safety, four members of the U.S. House have reintroduced the Contact Lens Prescription Verification Modernization Act (HR 3353). The bipartisan legislation was introduced by Rep. Bobby Rush (D-Ill.), Rep. Michael Burgess (R-Texas), Rep. Lisa Blunt Rochester (D-Del.) and Rep. David McKinley (R-Wa.). The legislation "will modernize the contact lens prescription verification process and make it simpler and safer for millions of contact lens wearers," according to a statement by the Alliance.

FDA Approves Johnson & Johnson Vision’s Acuvue Abiliti Overnight Therapeutic Lenses for Myopia Management

By Staff
Thursday, May 13, 2021 12:24 AM JACKSONVILLE, Fla.—Johnson & Johnson Vision said Wednesday that the Food and Drug Administration (FDA) has approved Acuvue Abiliti Overnight Therapeutic Lenses. This new lens is the first and only FDA approved orthokeratology (ortho-k) contact lens for the management of myopia, according to the announcement. The lens, expected to launch by the end of 2021, will be available in sphere and toric designs to correct various combinations of corneal shapes and refractive errors. ECPs and parents who want more information can visit the site here.