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Luxexcel Appoints New Chief Executive Officer

Luxexcel, the pioneer in 3D printing of ophthalmic lenses, announces the appointment of Fabio Esposito as Chief Executive Officer to lead the company in its next growth phase.

Fabio Esposito, CEO Luxexcel: “I am excited to join the Luxexcel team in this pivotal phase of the company’s growth. Building on the success achieved under Hans’ leadership, the focus will now be ramping up commercialization and product development. We will continue to capitalize on the introduction of the VisionPlatform™ as well as expanding the team to grow Luxexcel to the next stage.”

Alongside the appointment of the new CEO, Luxexcel announced that it has raised $13.9 million (€12 million) C-round funding led by Innovation Industries with the participation of its other existing investors. This funding allows Luxexcel to accelerate its growth while expanding towards the new world of smart prescription glasses.

Click here to read more.

Safilo and Banana Republic Renew Multi-Year Eyewear Licensing Agreement

Safilo Group and Banana Republic, the global apparel and accessories brand focused on delivering refined and versatile classics designed for a life with no boundaries, announce their third consecutive licensing agreement for the brand’s optical frames and sunglass collections, effective from February 1, 2019, through January 31, 2025.

This new contract – originally signed in 2006 – further strengthens the partnership between Safilo and Banana Republic and represents an opportunity to build on the brand’s steady business in the contemporary lifestyle segment for both men and women.

Source: Safilo

Transitions and the OAC Now Accepting Applications for the 2018 Students of Vision Scholarship Program

As part of a partnership to support the next generation of eye care professionals, Transitions Optical and the Opticians Association of Canada (OAC) are now accepting submissions for the 2018 Students of Vision Scholarship Program. Currently enrolled (for 2018-2019 school year) opticianry, optometry and optometric assistant students from across Canada are eligible to apply for the chance to win one of three prizes of $2,500, $1,500 and $500 scholarships.

To enter the scholarship program, students must develop a project in the form of an essay, video or presentation about incorporating style into the conversation of optimal vision care, and how they will implement this into their practice as a future eyecare professional.  A flyer detailing the scholarship program challenge can be found at Transitions.com/StudentsofVision. Submissions will be evaluated by a panel of judges against the following criteria: creativity, strategic thinking and ethics.

The theme of finding the style in eyewear was inspired by recent research[1] from Transitions Optical and the Center for Generational Kinetics, which showed that many Canadian eyeglass wearers consider glasses to be part of their style, with 71% of Millennials, 63% of Boomers and 64% of Gen X feeling this way. Not only do 67% of Canadian eyeglass wearers surveyed stated that style is the #1 aspect that influences their decision when taking recommendations for their eyeglasses, but respondents also said eye care professionals have the most influence on their eyeglass selection decisions, more so than spouses, significant others, family and friends.

All submissions should be sent to StudentsofVision@Transitions.com by November 15, 2018. The winners will be announced on November 25, 2018.

Click HERE to read the full press release.

 

OWP Ladies: Delicate exclusive material

Fresh exclusive Italian acetates, whose balance and detail couldn’t possibly be more feminine, are the centerpiece and highlight of OWP’s new ladies’ products. Style 2178’s elegantly curved front accentuates these acetates, either in pure form or coated. A fine metal rim that blends seamlessly into the delicate temples adds a classy note. The perfect statement piece for fashion-conscious women.

Distributed by Lanctôt: www.rlanctot.com

CooperVision Releases Four-Year Data on Landmark MiSight® 1 day Study

New four-year study data shows the significant impact of a pioneering contact lens management approach to slowing the progression of myopia (nearsightedness) in children, including those whose treatment begins later. CooperVision is presenting the multi-year study’s latest outcomes during the BCLA Asia conference in Singapore this week, at which the globally increasing prevalence of myopia is among the most widely discussed issues.

The ongoing clinical trial is assessing a specially-designed, dual-focus myopia control 1-day soft contact lens in reducing the rate of progression of juvenile-onset myopia. The lens is commercially available as CooperVision MiSight® 1 day in select countries including Canada.

“Four-year results on the efficacy of our innovative myopia control lens represent a landmark in slowing myopia progression. The treatment is continuing to work for children who have been wearing MiSight® 1 day for the entire study, and their axial length progression in this last year has slowed further. This illustrates the benefits of beginning myopia management as early as possible to maximize the benefit,” said Paul Chamberlain, Director of Research Programs for CooperVision.

After year three, myopia progression slowed in children wearing the MiSight® 1 day contact lens: 59% as measured by mean cycloplegic spherical equivalent (SE) and 52% as measured by mean axial elongation of the eye when compared to the children in the control group wearing a single vision 1-day contact lens.

In year four, children in the original control group were refit with the myopia control lens, and then continued to be tracked separately. Use of the dual-focus contact lens — which has alternating visual correction and treatment zones — was effective in slowing myopia progression in both groups:

  • There was a significant reduction in myopic progression for the previous single vision 1-day wearers, indicating that MiSight® 1 day is also effective when beginning myopia management at an older age.
  • There were no significant differences between groups for change in Spherical Equivalent Refractive Error and Axial Length over 12 months.
  • Axial length growth of 0.07mm in the MiSight® 1 day group and 0.06mm in the previous control group, compared to 0.10mm seen in the MiSight® 1 day group in year three, represents further myopia slowing as the children age.
  • There were no significant differences in myopia progression rates for two demographically matched populations in their first versus fourth years of MiSight® 1 day lens wear.

No other prospective randomized controlled study has offered conclusive data for such a high degree of continued efficacy in myopia management using a 1-day soft contact lens over four years. The contact lens-based approach does not induce common side effects exhibited by some alternative pharmacological therapies.

The prevalence of myopia is projected to increase from approximately two billion people worldwide in 2010 to almost five billion people in 20501, bringing with it near- and long-term health challenges. Not only does it create blurred vision, but also increases the likelihood of conditions later in life such as glaucoma, cataract, retinal detachment and myopic maculopathy if not addressed.

“The four-year results are another great learning for CooperVision and the entire optical industry on the capability to slow the progression of myopia in children. Though children benefit at whatever age the treatment is started, the sooner their myopia is managed with MiSight® 1 day, the more effect and benefit they receive in reducing final levels and the future risk of related vision impairment issues,” said Stuart Cockerill, Senior Director, Myopia Management.

Physiological changes among 100 myopic children from Singapore, Canada, England, and Portugal were evaluated during the fourth year.

Click HERE for the full press release.

 

 

1Holden et al, Ophthalmology 2016.

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