Bausch + Lomb Corp. Files Registration Statement and Preliminary Prospectus for Proposed Initial Public Offering

By Staff
Friday, January 14, 2022 8:45 AM LAVAL, Quebec and VAUGHAN, Ontario—Bausch Health Companies Inc. (NYSE/TSX: BHC) said late Thursday that it has filed with the Securities and Exchange Commission (SEC) its plans for spinning off the wholly owned subsidiary Bausch + Lomb Corp. This filing is in connection with the company’s previously announced intention to separate the vision care business, Bausch + Lomb Corp. and the plan now moves ahead with the public filing of a registration statement on Form S-1 with the SEC and a preliminary base post-receipt pricing procedure (PREP) prospectus with the securities regulatory authorities in each of the provinces and territories of Canada (other than Quebec) relating to this proposed initial public offering (IPO) of Bausch + Lomb's common shares.

CORE Appoints Dr. Alex Hui as Head of Biosciences

By Staff
Monday, January 10, 2022 12:18 AM WATERLOO, Ontario—The Centre for Ocular Research & Education (CORE) has appointed Alex Hui, OD, PhD, FAAO, as head of Biosciences. Dr. Hui is currently a senior lecturer at the School of Optometry and Vision Science at UNSW Sydney.

VM’s Top 5 Print Cover Stories for 2021

By Mary Kane
Friday, January 7, 2022 8:30 AM We can’t take a look back at Vision Monday’s most read stories of the year without considering VM’s print Cover Stories which are also available to our readers electronically. Even against the backdrop of another year of the COVID pandemic, the optical industry still got down to business despite the personal and business hurdles they faced due to the ongoing and seemingly never-ending pandemic. A perennial VM favorite with readers, VM’s Most Influential Women in Optical, occupies the top spot for 2021 with the Special Report taking up a record 26 edit pages in our July issue. VM’s Top 50 U.S. Optical Retailers Report, How Brick Is Learning to Click, A Look at Diversity, Equity and Inclusion, and The Vision Monday Leadership Summit rounded out the list of the Top 5 most read Cover Stories for 2021.

Transitions Optical Announces Transitions Academy 2022 Is Postponed

By Staff
Thursday, January 6, 2022 10:40 AM PINELLAS PARK, Fla.—Transitions Optical said this morning that it has made the difficult decision to postpone Transitions Academy 2022, scheduled for Jan. 16-19 in Orlando. The 25th Transitions Academy event will be rescheduled on a later date, to be determined in the coming weeks, the announcement noted. Transitions Optical said in the announcement that the COVID-19 omicron variant is “disrupting domestic and international travel. Experts predict this wave in the U.S. and Canada will peak during mid-January, the scheduled time for Transitions Academy.”

Vision Monday’s Top 20 News Stories for 2021

By Staff
Thursday, January 6, 2022 12:15 AM While mergers and acquisitions dominated the news cycle in 2021, other subjects of Vision Monday’s most read news stories included major product launches and breakthroughs in new technology. This list includes our top read daily VMAIL news stories as well as Breaking VMAIL deployments from the year 2021 and is based on thousands of collective page views for these stories. For the record, Vision Monday issued its daily VMAIL newsletter five times a week in 2021, with a few days off for good behavior due to holidays. Once again, EssilorLuxottica and Warby Parker, two of the industry’s biggest and most popular optical players, dominated the top 20 with several entries for both companies. Other developments and news announcements from Keplr Vision, Eyecare Partners, Vision Expo, MyEyeDr., HEA/PECAA, MetLife, U.S. Vision, New Look Vision Group, Sight Glass, Specsavers and Clear Sight Partners rounded out Vision Monday’s top 20 news stories for 2021.

ABB Optical Group Awards $8,500 in Donations to Three Charities Through 7th Annual ABB Cares Program

By Staff
Wednesday, January 5, 2022 12:15 AM CORAL SPRINGS, Fla.—ABB Optical Group (ABB), a leading provider of optical products and business solutions in the eyecare industry, has announced that three non-profit organizations, nominated by eyecare professionals nationwide, will receive grants ranging from $1,000 to $5,000 for outstanding programming and community impact through the 7th Annual ABB Cares Program. Since the program’s inception in 2014, ABB has donated more than $70,000 in grants to non-profit organizations in the U.S. “Many non-profit organizations throughout the country were heavily impacted by the pandemic during the last 18 months,” said Tom Burke, chief executive officer of ABB Optical Group.

Vision Monday’s Top 10 Breaking News Stories for 2021

By Staff
Monday, January 3, 2022 12:24 AM Like most business sectors this past year, even against the backdrop of another year of the COVID pandemic, the optical industry was abuzz with breaking news as mergers and acquisitions dominated the news cycle in 2021.

Harrow Health Acquires U.S. Commercial Rights to Four Branded Eye Drops from Novartis

By Staff
Monday, December 27, 2021 12:15 AM NASHVILLE, Tenn.—Harrow Health, Inc. (NASDAQ: HROW), an ophthalmic‑focused health care company, announced its acquisition of the exclusive U.S. commercialization rights of four FDA-approved ophthalmic medicines.

Sight Sciences Receives FDA 510(k) Clearance of the TearCare System for Treatment of Meibomian Gland Dysfunction, the Leading Cause of Dry Eye Disease

By Staff
Thursday, December 23, 2021 12:21 AM MENLO PARK, Calif.—Sight Sciences, Inc. (Nasdaq: SGHT), an eyecare technology company focused on creating innovative solutions intended to transform standards of care and improve patients’ lives, announced U.S. Food and Drug Administration (FDA) 510(k) clearance of the TearCare System.

CORE Names ‘Top 10 of 2021’ Scientific Papers for Eyecare Community

By Staff
Wednesday, December 22, 2021 12:18 AM WATERLOO, Ontario—In a year like no other, the Centre for Ocular Research & Education (CORE) has published a record 66 scientific and clinical educational papers on topics that advance academic and clinical knowledge in optometry and ophthalmology.

Ocuco Invests in Ocumetra, Data Science Solutions Company for the Eyecare Business

By Staff
Tuesday, December 21, 2021 12:21 AM DUBLIN, Ireland—Ocuco has announced a minority investment in Ocumetra, a company that provides data science solutions for the eyecare industry. As a part of the equity deal, Leo Mac Canna, Ocuco’s CEO, joins Ocumetra’s board. In addition, Ocumetra’s machine learning tools will be integrated with Ocuco’s next-generation, cloud-hosted Practice Management Software (PMS). Ocumetra’s product portfolio comprises nine clinical tools, including interactive ocular growth charts, myopia treatment efficacy analytics, risk indicators and other clinical decision support tools, such as the Refractogram.

Tekcapital's Innovative Eyewear Files U.S. IPO Registration for its Lucyd Business

By Staff
Friday, December 17, 2021 12:18 AM LONDON—Tekcapital Plc (AIM: TEK, OTCQB: TEKCF) announced on Dec. 14 that Innovative Eyewear Inc., a U.S. subsidiary of its portfolio company Lucyd Ltd, filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (SEC), for a proposed initial public offering of shares of its common stock in the U.S. Tekcapital currently owns 100 percent of the share capital of Lucyd Ltd and approximately 80 percent  of the share capital of Innovative Eyewear, Inc., an announcement said.

Safilo Group Announces Launch of Smith Imprint 3D Technology

By Staff
Wednesday, December 15, 2021 12:18 AM PADUA, Italy—Safilo Group has announced the debut of Imprint 3D technology, developed and launched through its propriety brand Smith.

Carl Zeiss Meditec Reports Record Revenue in Fiscal 2020-21 as Group Looks Ahead to 2022 With 'Some Optimism'

By Staff
Monday, December 13, 2021 12:24 AM JENA, Germany—Carl Zeiss Meditec (ISIN: DE 0005313704) reported late last week that it generated revenue of approximately €1,647 million in fiscal year 2020-21, which represents growth of 23.3 percent compared with the prior fiscal year’s revenue of €1,336 million. The percentage increase adjusted for currency effects was 26.5 percent, according to the announcement. Revenue in the Americas region increased 16.9 percent to €449 million (prior year: €384 million) due to “the further acceleration of the U.S. business,” the announcement noted.