Monday, May 20, 2019 12:24 AM
ROCHESTER, N.Y.—Smart glasses producer Vuzix Corp.
, a developer of advanced optoelectronic technologies, announced an exclusive display device design and long-term supply agreement. The agreement will support the development and production of next-generation AR products and solutions that combine Plessey's microLED light source technology with Vuzix' extensive expertise and IP in smart glasses and essential optics technologies, according to a statement from the two companies. Vuzix has already developed an evolving family of smart glasses culminating in the Vuzix Blade, the next generation smart display with a see-through viewing experience via its proprietary waveguide optics.
Friday, May 17, 2019 12:18 AM
(SIX/NYSE:ALC), which was spun off as an independent company by Novartis earlier this year, said Thursday that its first-quarter sales increased 4 percent at constant exchange, but were “flat to last year” at $1.8 billion on a “reported” basis. This marked the first time Alcon has reported results as a public company since its acquisition by Novartis in late 2010. Alcon also reported an operating loss of $48 million in the quarter, which compares with last year’s operating income of $73 million.
Tuesday, May 14, 2019 11:30 AM
LAKEWOOD, Colo.— This week is the first Myopia Awareness Week running from May 13 to 19 and it is designed to build awareness about myopia among eyecare professionals and to inspire action in caregivers to protect their children's vision. The World Council of Optometry
(WCO) and the Brien Holden Vision Institute
are collaborating on the initiative and encouraging others to join in. “We know that almost half the world’s population will be myopic by the year 2050, with nearly one billion people in the high myopia category. Myopia Awareness Week is about getting people talking about myopia in homes and optometry practices around the world,” stated WCO president, Dr. Scott Mundle.
Tuesday, May 14, 2019 11:25 AM
Making the tough decision to change your EHR or PM system doesn’t happen overnight. In some cases, it’s the everyday annoyances and inefficiencies that build up to push optometrists over the edge. However, in most cases, the existing system loses patient data, runs up your monthly bills, or stops your practice from serving its patients in another major way.
Tuesday, May 14, 2019 11:20 AM
NEW YORK—When close to 30 percent of patients and consumers are researching eyecare conditions, providers and eyewear questions online even before they decide what to do or where to go (estimates from a recent VisionWatch report from The Vision Council), it's clear that learning how to maximize the position and visibility of your practice's website on the major search engines is extremely important today.
Monday, May 13, 2019 12:00 AM
In a 1916 article published by American Optical, chemist H.T. Reeve marveled over an exciting new technology: tinted glass lenses. But this scientist, for all his enthusiasm, was forced to admit that few people really wanted to wear sunwear. These lenses would never get dispensed, he explained, “unless those prescribing them were convinced that such glasses were a necessary and beneficial precaution.”
Monday, May 13, 2019 12:00 AM
EyeCarePro’s newest service, ODSpecialty, enables clients to enhance and showcase their optometric eyecare specialties with a range of tools, educational content, video and social posts. Clients are paired with a marketer who works exclusively with their particular vision care specialty, knows the ins-and-outs of that specialty and what it takes to effectively communicate with existing patients and to bring in new specialty patients.
Monday, May 6, 2019 12:21 AM
WASHINGTON, D.C.—The Federal Trade Commission
announced last Thursday that it is seeking additional public comment about newly proposed changes to its Contact Lens Rule, which has been in place since 2004. The new proposal follows an extensive review of thousands of public comments and material received by the FTC between 2015 and 2018, including “surveys, studies, analyses, and information generated at an FTC workshop devoted to the Rule and the evolving contact lens marketplace,” the agency said in a press release.
Tuesday, April 30, 2019 2:45 PM
FORT WORTH, Texas—Alcon
has initiated a program to educate consumers about presbyopia, a condition that is expected to impact 123 million U.S. residents by 2020. Most ECPs know that presbyopia is the inability of the eye to focus on things up close, a natural part of aging that usually happens around age 40. However, new survey findings from Alcon show this common condition has a name people often do not recognize, symptoms they do not understand, and a lack of knowledge of vision correction options other than reading glasses that many see as inconvenient.
Tuesday, April 30, 2019 2:40 PM
ATLANTA—Visioneering Technologies, Inc.
(ASX: VTI) has announced the creation of a new educational video series for eyecare practitioners featuring some of the world’s leading researchers and clinicians. Visioneering Technologies is a U.S. medical device company and producer of the NaturalVue (etafilcon A) Multifocal 1 Day Contact Lenses.
Tuesday, April 30, 2019 2:35 PM
NEW YORK—Eyenuk, Inc.
an artificial intelligence (AI) medical technology and services company, is launching the EyeScreen Human + AI Diagnostic Service for diabetic retinopathy (DR). By combining the high accuracy of AI disease detection with the accepted practice of human grading, the EyeScreen Service is designed to improve the overall safety of the system in contrast to other tele-retinal screening services that only use human grading.
Thursday, April 25, 2019 12:27 AM
VANCOUVER, British Columbia—Hardy Capital
, a Canadian investment firm with experience in the online eyewear market via Roger Hardy, founder of the former Coastal.com business, said Wednesday that it has completed the acquisition of LD Vision Group
. LD Vision owns three online contact lens sites, OptiContacts.com
. The terms of the deal were not disclosed, but Hardy Capital’s Roger Hardy told VMAIL
that LD Vision is “quite a material business.” The company was founded in 2002 and was one of the first discount online contact lens sellers, and reached Canadian $50 million in sales last year, the announcement noted.
Thursday, April 25, 2019 12:15 AM
announced the winners of the Third Annual Medical Capital Innovation Competition, awarded April 18 at the Global Center for Health Innovation. These winning companies were chosen from a field of 21 U.S. and Canadian competitors creating augmented and virtual reality health care technologies. Vision therapy company Vivid Vision
won first place in the Competition’s professional division, and was awarded a $50,000 prize. The San Francisco-based company was founded by James Blaha, a programmer looking for a new kind of treatment for his amblyopia. Vivid Vision uses virtual reality to train amblyopia sufferers’ weaker eye to improve binocular vision.
Monday, April 22, 2019 12:15 AM
POTSDAM-GOLM, Germany—Researchers at the Fraunhofer Institute for Applied Polymer Research IAP
are working with Israeli and German partners to develop long-wearing contact lenses that can release medicine. The active ingredient is encapsulated in liposomes and bound to the inside of the contact lenses, according to a press release issued last week by Fraunhofer. This enables it to remain in the eye for longer. Sugars are added to make the contact lens particularly comfortable to wear.When eye diseases are treated topically, often only about 5 percent of the drug has an effect on the eye tissue, Fraunhofer explained.