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November 17, 2014April 24, 2018

Actavis to acquire Allergan

Actavis and Allergan announced that they have entered into a definitive agreement under which Actavis will acquire Allergan.

Actavis will pay $129.22 US in cash plus Actavis shares for each share of Allergan common stock. Based on the closing price of Actavis shares on November 14, 2014, the transaction is valued at approximately $66 billion, or $219 per Allergan share.

The transaction has been unanimously approved by the boards of directors of both companies and is supported by the two management teams. This consequently puts an end to Valeant’s attempt to take over Allergan that began several months ago and about which much has been written.

The two companies combined will create one of the top 10 global growth pharmaceuticals with expected revenue of $23 billion in 2015. This deal should close in the second quarter of 2015.

For further details on the transaction: http://agn.client.shareholder.com/releasedetail.cfm?ReleaseID=883356

November 14, 2014April 24, 2018

Appointments at OSI

Optometric Services Inc. (OSI) has announced the appointment of Karina Dandavino as the director of marketing.

New to the position, Dandavino’s duties now consist of managing all marketing activities for the company and its subsidiaries.

Dandavino has been a member of the OSI team since 2002 and held a number of positions. Before her recent appointment, she had been assistant director of marketing since 2008.

Given her years of experience within the company, she has acquired a thorough understanding of the optometry industry in Canada. Furthermore, she was a veteran of the fashion world prior to joining OSI.

OSI has also announced that Steve Bélanger, formerly director of marketing accounts at OSI, will step into the position of assistant director of marketing.

For further information, click HERE (French text only)

November 14, 2014April 24, 2018

University of Waterloo develops new treatment for dry eyes

Scientists from the University of Waterloo have developed a nanoparticle-based topical solution to combat dry eyes with a single weekly application.

Patients currently have to administer a solution three times a day to reduce pain and irritation. The solution developed at the University of Waterloo gradually delivers the correct amount of drug-infused nanoparticules to the surface of the eyeball over a period of five days before the body metabolizes them.

One weekly dose replaces 15 doses or more of the traditional treatments. The substance causes no irritation. If clinical trials are conclusive, this therapy could be available on the market within five years.

For further information: http://link.springer.com/article/10.1007/s12274-014-0547-3#page-1

November 13, 2014May 19, 2026

Sales growth at Sàfilo

The North American market is the driving force behind Sàfilo’s third quarter growth.

Sàfilo Group reported an increase in sales of 7.3% in the third quarter of 2014, compared with the same period in 2013. The company’s total revenues reached CA$371.2 million during the quarter.

In the North American market, sales increased by 14.1% over the same quarter in 2013. Sales in emerging markets, a priority for Sàfilo, increased by 27%, thanks to the strong performance of the Chinese and Brazilian markets.

Sales increased by 1.9% in Europe but dropped by 3.7% in Asia.

For further information: http://investors-en.safilo.com/phoenix.zhtml?c=195673&p=irol-newsArticle_pf&ID=1986112

November 12, 2014May 19, 2026

Record quarter for Allergan

In the third quarter of 2014, Allergan posted its strongest sales increase in the company’s history.

Allergan’s sales were CA$2 billion in the third quarter, up by 17.2% compared with the same period in 2013. Earnings totalled CA$350 million.

Pharmaceutical eyecare products (including Refresh and Restasis) showed a 14.2% sales increase to CA$915 million.

Allergan could not miss out on trumpeting its success, and perhaps it was thumbing its nose at Valeant. The latter is attempting to acquire Allergan and recently boasted its… second best quarter ever (see news clip from October 30).

For more information: http://agn.client.shareholder.com/releasedetail.cfm?ReleaseID=878172

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Optik Sept-Oct 2026 issue Voila Mood Bonne franquette silure de loire

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Created with French chef Mathieu Pérou, Silure de Loire pairs a round acetate silhouette with tortoise tones, subtle green accents and resin details inspired by fish scales.

Transitions Students of Vision 2026 - EN

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Served with Style

Created with French chef Mathieu Pérou, Silure de Loire pairs a round acetate silhouette with tortoise tones, subtle green accents and resin details inspired by fish scales.

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New Research Finds Most Adults with Eye Strain Symptoms Skip Professional Care

A new Vision Council report shows most adults with digital eye strain symptoms never seek care, underscoring the importance of eyecare providers in guiding patients.

Applications Open for MIDO AWARDS 2027

Eye on the Industry Episode 14: New Look at 40 with Jacinthe Laurendeau

New Look President Jacinthe Laurendeau joins Eye on the Industry to celebrate the company’s 40th anniversary and discuss innovation, technology, customer experience and what comes next.

Learn More

Served with Style

Created with French chef Mathieu Pérou, Silure de Loire pairs a round acetate silhouette with tortoise tones, subtle green accents and resin details inspired by fish scales.

Students of Vision Challenges Future Eye Care Professionals to Reimagine Light Management

New Research Finds Most Adults with Eye Strain Symptoms Skip Professional Care

A new Vision Council report shows most adults with digital eye strain symptoms never seek care, underscoring the importance of eyecare providers in guiding patients.

Applications Open for MIDO AWARDS 2027

Eye on the Industry Episode 14: New Look at 40 with Jacinthe Laurendeau

New Look President Jacinthe Laurendeau joins Eye on the Industry to celebrate the company’s 40th anniversary and discuss innovation, technology, customer experience and what comes next.

Learn More

Served with Style

Created with French chef Mathieu Pérou, Silure de Loire pairs a round acetate silhouette with tortoise tones, subtle green accents and resin details inspired by fish scales.

Students of Vision Challenges Future Eye Care Professionals to Reimagine Light Management

New Research Finds Most Adults with Eye Strain Symptoms Skip Professional Care

A new Vision Council report shows most adults with digital eye strain symptoms never seek care, underscoring the importance of eyecare providers in guiding patients.

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