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New Alcon Surveys Show Patients Have Fuzzy Understanding of Presbyopia; ECPs Agree

It’s Presbyopia Awareness Month and Alcon is on a mission to educate consumers about a condition that is expected to impact 123 million U.S. residents by 2020. Presbyopia is 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.

This month, Alcon is launching Project Presbyopia, an ongoing effort to educate consumers about how to recognize signs and symptoms of vision changes that occur after age 40, uncover more intuitive language for the condition, and motivate existing and emerging presbyopes to visit an Eye Care Professional to explore solutions including multifocal contact lenses. The initiative is inspired by crowd-sourced findings and surveys of presbyopes and ECPs that uncovered the name “presbyopia” isn’t the only point of confusion for consumers.

Some survey findings include:

  • The eye doctors surveyed report that most of their patients don’t understand what the word presbyopia means (92%) and some ECPs either avoid using the term altogether (39%) or use it along with other descriptive words when explaining the condition to patients (59%).
  • While 46% of the consumers surveyed say they just cope with their presbyopia and use different methods to help them see, 67% want to stop adjusting their lives around their vision as it relates to their reading glasses.

Click HERE for more highlights from the survey findings and the full press release.

Essilor and Luxottica to Hire New CEO on “Best Fit to the Job” Principle

In what might appear to outsiders as a compromise and possible fence-mending, the EssilorLuxottica (EL) the company has announced that the Nomination and Compensation Committee will conduct a search for a future CEO that will include both internal and external candidates. 

The press release indicates that the search is “in line with the agreement between Delfin and Essilor” and further makes the point that the “best fit for the job” principle will be applied.  The appointment target date is end of 2020.

The new appointee will, according to the release, be in charge of coordinating activities of the EL holding company. In the mean time Luxottica and Essilor shall remain separate legal entities “fully empowered to run their own businesses autonomously…with certain exceptions.”  The press release, made under the new EssilorLuxottica masthead and logo, does not elaborate on what the exceptions might be.

Click here to view the full press release.

New Look Vision Announces Roll Up Acquisition in Ontario Market

New Look Vision Group announced that its optometric division, Iris, The Visual Group has acquired substantially all of the optical assets and business of the Darryl Sher group operating six retail optical clinics in Southern Ontario; Toronto, Owen Sound, Midland, Alliston, Angus and Bracebridge, all of which will be rebranded under the Iris banner.

Antoine Amiel, President of New Look Vision stated that: “After more than a year of integrating recent acquisitions, including Iris, and de-leveraging, this transaction marks the return to our Canadian roll-up strategy, in this case led by Iris. Ontario is a key market in this growth process.”

Éric Babin, President of Iris stated that: “These clinics will be seamlessly integrated into the Iris network. Their embracing the combination of retail, eye care services and technology is perfectly aligned with the Iris model. We are very much looking forward to welcoming the amazing team of professionals at all six locations into our family.”

Darryl Sher, owner of the acquired outlets stated that: “Joining the Iris network was a logical next step that will set my clinics up for continued success in the years to come. Iris’ commitment to the advancement of eye care in Canada and strong culture are very much aligned with my core values. The decision to remain on as a minority partner in the acquired clinics was an easy one and I look forward to helping Iris in its stated objective of growing its presence in Canada’s most populous province.” Source: New Look Vision Group

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