Blog

August 22, 2018August 20, 2018

FDA Approval for New Dry Eye Drug Granted

Sun Pharma reports that it has received approval for CEQUA (cyclosporine ophthalmic solution) 0.09%, from the U.S. Food and Drug Administration (FDA). CEQUA is indicated to increase tear production in patients with keratoconjunctivitis sicca (dry eye).

CEQUA provides the highest FDA-approved concentration of cyclosporine A (CsA) and is the first
and only approved CsA product that incorporates a nanomicellar technology.

“Dry Eye Disease represents an area of high unmet medical need, with a significant number of
patients who are currently untreated,” said Abhay Gandhi, CEO, North America, Sun Pharma.
“The U.S. FDA approval of CEQUA represents a long-awaited dry eye treatment option and is an
important milestone in the development of Sun’s Ophthalmics business. CEQUA, with its novel
nanomicellar formulation for a proven dry eye medication, delivers a lipophilic molecule in a clear
solution form.”

Click HERE for the full press release.

August 20, 2018

Vision Expo OptiCon Program on Track to Surpass Successful Launch at East

Opticians and Contact Lens Technicians can experience OptiCon @ Vision Expo for the first time at Vision Expo West 2018 (Education: September 26 – 29; Exhibit Hall: September 27 – 29) in Las Vegas, NV. Vision Expo’s partnership with OptiCon brings the industry’s premier Optician and Contact Lens Technician education program to the largest gathering of eyewear and eye care professionals.

At press time, more OptiCon @ Vision Expo packages have been sold as of six weeks pre-show for Vision Expo West than were sold by the close of Vision Expo East.

Building on a strong debut at Vision Expo East 2018, OptiCon @ Vision Expo West attendees can expect access to a personalized and value-based experience package, including:

Up to 15 hours of continuing education
Exclusive breakfast and general session on Thursday, September 27, 7:00 AM – 8:15 AM
OptiCon welcome party at Public House on Thursday, September 27, 8:00 PM – 10:00 PM, sponsored by Europa Eyewear
Exhibit Hall access
Access to discounted rates at a dedicated OptiCon hotel
The opportunity to take ABO & NCLE review courses and Certification Exams (Please note that sitting for Certification Exams requires a separate registration and an additional fee.)

Opticians and Contact Lens Technicians can connect in a dedicated OptiCon @ Vision Expo Hub in the Exhibit Hall (Booth #16093), an area for networking with peers and access to key representatives from ABO & NCLE and its partners. The OptiCon Hub will also feature:

Thursday, September 27 at 2:00 PM: A presentation on eyewear’s hottest trends from Eyecare Business’ Editor-in-Chief Erinn Morgan
Friday, September 28 at 11:00 AM: The National Academy of Opticianry Awards Ceremony, which will honor outstanding leaders in the eye care profession with the Educator of the Year and Optician of the Year Awards
Friday, September 28 at 1:30 PM: A presentation on eyewear’s hottest trends from Eyecare Business’ Associate Editor Kerri Ann Raimo

In addition, the OptiCon @ Vision Expo Advisory Board has curated top education picks for attendees in the areas of Business, Contact Lens and Spectacle Lens.

ABO & NCLE began producing OptiCon® (formerly known as the National Opticians Education Conference) in 2009 to bring together Opticians and Contact Lens Technicians for a premier event produced for Opticians, by Opticians.

Earlier this year, OptiCon @ Vision Expo was honored as a TSNN Best of Show Award finalist.

To register and learn more about OptiCon @ Vision Expo, click here.

August 17, 2018May 19, 2026

Essilor Delivers Strong Second Quarter Growth

Consolidated revenue reached €3,726 million in the first half of 2018, an increase of 4.4% at constant exchange rates including 4.0% in like-for-like terms.

Revenue growth of 4.1% in constant currency at the Lenses & Optical Instruments division, highlighted by the success of new branded lenses, notably Varilux® X series in the United States, Crizal® Sapphire 360° in the United States and in Europe and Eyezen^TM around the world.

Transitions sales through their own networks grew at 6%, and the Sunglasses and Readers division grew at 8%.

Commenting on these results, Hubert Sagnières, Chairman and Chief Executive Officer of Essilor, said: “Essilor delivered solid results in all regions and divisions in the first half of 2018, while at the same time preparing for its proposed combination with Luxottica. This performance reflects the mobilization of our teams around a powerful and unique mission: “Improving lives by improving sight”. This translates into a clear growth strategy with an aim to improve and protect the vision of more than 7 billion people around the world with solutions for consumers with any level of means. Our innovations are particularly appreciated in many countries where needs remain significant, from the United States and China to Brazil and elsewhere. This allows us to continue investing more in the future well-being of populations, and increases our confidence in the future.”

Click HERE for the full report.

August 16, 2018July 11, 2018

Micro Sunnies for Summer

Etnia Barcelona introduces the concept of a micro pair of glasses with warm-coloured lenses that are either soft tinted or midnight. The Carytown style features a very trendy retro-futuristic flair. Mineral lenses come in pink, blue and orangish for metal frames that have been reduced in size with an anatomical bridge without nose pads. www.etniabarcelona.com

August 16, 2018August 15, 2018

Hoya Announces Increased Revenue in First Quarter

HOYA announced financial results for the first quarter ended June 30, 2018. During the quarter, revenue increased 9.2% year on year, reaching 138,891 million yen ($1.6 billion CAD). Profit before tax amounted to $422 million, representing a year on year increase of 15.1%.

Sales of eyeglass lenses rose due to growth in Asia and the Americas, combined with the acquisition of Performance Optics. New store openings of Eyecity contact lens specialty stores resulted in higher sales for contact lenses.

Overall, the Life Care segment grew 10.1% year on year. “Profit margin of the Life Care segment reached 19% this quarter and is in line with our expectations for annual margin of 20%,” said Hiroshi Suzuki, chief executive officer of HOYA. “We continue to remain committed to the target margin while investing in the growth opportunities.”

Click HERE for the full report.

FDA Approval for New Dry Eye Drug Granted

Vision Expo OptiCon Program on Track to Surpass Successful Launch at East

Essilor Delivers Strong Second Quarter Growth

Micro Sunnies for Summer

Hoya Announces Increased Revenue in First Quarter

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