Wednesday, November 20, 2019 12:24 AM
DURHAM, N.C.—Aerie Pharmaceuticals
(NASDAQ:AERI) announced the signing of an agreement to acquire Avizorex Pharma
(AVX), a Spanish ophthalmic pharmaceutical company developing therapeutics for the treatment of dry eye disease. “This acquisition bolsters our pipeline with a clinical-stage dry eye product candidate, and we are excited to expand our footprint in ophthalmology. This product has a novel mechanism-of-action for treating dry eye and we believe that, if approved, it could nicely complement the currently approved drugs for this indication. Since the majority of our efforts in 2020 will be focused on supportive non-clinical studies, we do not currently expect to meaningfully increase our R&D expenditures next year,” said Vicente Anido, Jr., PhD, chairman and chief executive officer at Aerie.
Tuesday, November 19, 2019 10:08 AM
NEW YORK—Today, Warby Parker
moves into new optical territory as it enters the contact lens arena in the U.S., with the debut of a branded daily wear contact lens called Scout. The new daily lens was developed by the company, executives said, with a Japanese contact lens manufacturer. The lens is described as "made from a super-moist, breathable material that resists drying for lasting hydration. The lenses incorporate Centraform technology for wearing comfort." The lenses will be priced $55 per eye for a 90-day pack, $110 for a 90-day supply of two lenses, or approximately $440 a year. Each Scout lens comes in an innovative, space-saving flat pack that’s easier to transport and store than a traditional contact blister pack, the company noted, adding that it uses almost 80 percent less packaging than traditional contact packs. Dave Gilboa, co-ceo of Warby Parker, told VMAIL, "We have been thinking about contact lenses for several years. Being a direct-to-consumer brand, we get a lot of feedback from our end customers, and roughly 40 percent of them wear contact lenses. We're hopeful that they will love the opportunity to get their contact lenses prescriptions from us, when they see our ODs. In addition, he said, " If you are a customer not near one of the WP stores, or want to go to a doc you've been seeing, that doctor, outside of the WP system, can request one of the six-day trial kits as well." Warby has been piloting contact lenses in some of its offices during the past year, he noted (the company currently operates 112 locations and has 80 optometrists.)
Tuesday, November 19, 2019 12:21 AM
NEW YORK—Authentic Brands Group
and Electric Visual Evolution
have announced a global partnership for Volcom
eyewear. Under the agreement, Electric will design, develop, produce and distribute both eyewear and snow goggles for the lifestyle brand. The first collection of Volcom Eyewear will debut in 2020 at Volcom stores, key departments stores and action sports specialty accounts worldwide, as well as online on Volcom.com. A company spokesperson told VMail that the collection will include prescription sunglasses, but there are no plans for optical channel distribution or optical frames at the moment. Southern California born, Volcom’s lifestyle brand is rooted in art, music, film and board sports.
Tuesday, November 19, 2019 12:15 AM
ST. LOUIS—The World Optometry Foundation
(WOF), the World Council of Optometry’s Foundation
, has announced the first-ever recipients of the World Optometry Foundation Student Travel Fellowships. This program was started in 2019 as a way to encourage optometry students to further their education by providing a $1,250 stipend for travel expenses for the 3rd
World Congress of Optometry and Academy 2019 Orlando joint meeting held October 23-27, 2019 in Orlando, Florida. WOF Student Travel Fellowships were presented during the International Reception on Friday, October 25, 2019 during the joint meeting.
Monday, November 18, 2019 12:30 AM
NEW YORK—The healthcare industry is being shaken by powerful forces that are creating new forms of competition and transforming patients into consumers who are seeking pathways to wellness that offer convenience, affordability and personalized care. New market leaders are emerging, and established brands are reinventing themselves with fresh approaches and enhanced customer experiences. Doctor-patient relationships are being redefined. How will these transformative changes impact vision care providers and payors? Suppliers? VM’s 14th annual Global Leadership Summit will explore these and other pivotal questions as part of its program, “The Future of Healthcare: Beyond 2020.” Thought leaders and influential thinkers will share their visions of healthcare’s future and discuss how the optical industry can play a broader, more significant role in it. Attendees will take away actionable ideas and practical strategies that will help them compete in today’s consumer-centric business environment.
Monday, November 18, 2019 12:27 AM
SILVER SPRING, Md.—The FDA announced on Nov. 15 that it has approved the first contact lens to slow the progression of myopia in children.
Monday, November 18, 2019 12:21 AM
, a supplier of vision wellness devices, has been honored with a CES 2020 Innovation Award for its EyeQue Vision Monitoring Kit
, a convenient, low-cost eye wellness system designed for everyone from children to adults. EyeQue will feature the system at CES 2020
, the mega technology exhibition which will take place in Las Vegas from January 7-10, 2020. This is the company’s third CES Innovation Award in the last four years and its second in the category of “Tech for a Better World.”
Monday, November 18, 2019 12:18 AM
TUCSON, Ariz.—Scientists in the University of Arizona Department of Physiology
have identified a potential molecular mechanism that may hold the key to understanding how pressure is regulated in the eye. Funded by a $2.3 million five-year grant from the National Institutes of Health (NIH) National Eye Institute
, this research could help to develop future treatments for glaucoma and other diseases. Current treatments focus on lowering eye pressure with eyedrops and oral medications. However, these drugs lose their effectiveness over time. More than three million Americans suffer from glaucoma, the second-leading cause of blindness in the U.S., according to Prevent Blindness America
Monday, November 18, 2019 12:15 AM
, a leading national managed eye health and vision plan company, has announced its sponsorship of LPGA professional Lizette Salas, a graduate of the University of Southern California. Since joining the women’s professional LPGA golf tour in 2012, Salas has earned 29 career Top 10 finishes, including winning the Kingsmill Champion tournament in 2014. Additionally, she was a member of the Solheim Cup team in 2013, 2015, 2017 and 2019. Currently, Salas is ranked No. 13 in the Top 100 Money List, No. 18 in the Rolex Ranking, and No. 25 in the CME Ranking. She also was featured in the LPGA’s Drive On campaign with her “Where I Come From” video