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Labtician Théa Announces Successful Completion of Joint Venture

As two family companies with a passion for eye care, Laboratoires Théa and Labtician Ophthalmics recognized an opportunity to work together to bring innovative new products to Canadian patients. In 2018, this shared vision resulted in the formation of Labtician Théa, an ambitious Joint Venture with a 5-year term.

By focusing on supporting Canadian Eye Care professionals provide optimal care to their patients, the Labtician Théa Joint Venture has achieved its goals of creating a strong presence in the Canadian marketplace and offering Canadian Eye Care Professionals the most comprehensive suite of products and services available in the industry.

With the successful completion of the agreed-upon 5-year term, as of January 1, 2023, the Joint Venture will terminate, resulting in a stronger Labtician Ophthalmics with a new Therapeutics Division to complement its existing Surgical Division, and the launch of Théa Pharma Canada Inc., an affiliate of Laboratoires Théa, based in the Greater Toronto Area. As two separate entities, Labtician Ophthalmics and Théa Pharma Canada will be better positioned to service and support the Canadian Eye Care community for many years to come.

“Our partnership with Labtician Ophthalmics has allowed us to get to know the Canadian Eye Care professionals and understand their needs and that of their patients. It was a great way to introduce them to Théa and bring innovative best-in-class products to market that are supported by strong clinical evidence,” says Fiona McCloskey, Managing Director of Labtician Théa and Théa Pharma Canada. “With the launch of Théa Pharma Canada in 2023, our goal is to continue to provide ECPs and patients with new innovative treatments and solutions for a wide range of ocular diseases including Dry Eye, Glaucoma, Allergy and more over the years to come. We are thankful for our partnership with Labtician Ophthalmics and excited for this exciting new chapter in our journey as Théa Pharma Canada.”

This unique Joint Venture has also been a success for the team at Labtician Ophthalmics.

“Working with the world-class team and products at Théa allowed us to demonstrate our unique ability to platform other companies in the Canadian marketplace and showcase our skill of developing unprecedented business models and executing against them,” says Polydor Strouthos, President of Labtician Ophthalmics. “We built on our expertise in regulatory, cross-functional marketing, and customer expansion, and increased our capacity to launch products and entities. We bring innovation to practice and will provide our valued customers with more best-in-class products, services, and innovative solutions due to a stronger Labtician Ophthalmics with a new Therapeutics Division to complement our existing Surgical Division.

When mutually beneficial opportunities arise, Théa Pharma Canada Inc. and Labtician Ophthalmics Inc. will leverage their strong relationship and shared family values as Partners of Choice.

Click HERE for the full press release.

CooperVision Research Advances Understanding of Contact Lens Comfort at ARVO 2022

CooperVision revealed findings from multiple studies that advance scientific understanding of contact lens comfort factors during the 2022 Association for Research in Vision and Ophthalmology (ARVO) meeting. The annual event ran from May 1-4 in Denver.

Comfort remains the key factor in maintaining contact lens satisfaction among patients. While numerous product developments have significantly improved the wearing experience over the last few decades, comfort considerations and improvement continue to be of substantial interest to eye care professionals and consumers.

Two of the works focus on helping protect the ocular surface from hyperosmolarity of the tear film, which has particular relevance for contact lens wearers who are symptomatic, especially those with dryness. Conducted with the Herbert Wertheim School of Optometry & Vision Science at the University of California, Berkeley, the research team designed and employed a novel model to quantify a non-measurable yet critical factor: tear film osmolarity behind a contact lens.

“We concluded that contact lens materials with low salt diffusivity are better at protecting the cornea from hyperosmolarity and that osmolarity behind a contact lens reaches a steady state within the first hour. Our findings also illustrate that midday lens removal and reinsertion alone cannot prevent post-lens tear film hyperosmolarity,” said Cheng-Chun Peng, a Senior Scientist at CooperVision who co-authored the ARVO-delivered paper and poster.

“If tear film break-up on the cornea is believed to cause discomfort, contact lenses could theoretically help protect the ocular surface from osmolarity spikes. While pre-lens tear film hyperosmolarity is primarily due to evaporation, little is known about salt accumulation within and behind a contact lens. A better understanding of this factor could lead to substantial gains in future lens innovations and patient care.”

Additional CooperVision comfort science being presented at ARVO 2022 includes research regarding corneal sensitivity changes in symptomatic neophyte contact lens wearers, an evaluation of discomfort-associated conjunctival epithelial cell gene expression, and preliminary results from the Neurosensory Abnormalities in Ocular Surface Disease study. Those projects were conducted in conjunction with Indiana University, Universidad de Valladolid, and Tufts Medical Center, respectively.

CooperVision’s additional ARVO 2022 research presentations, including advancements in myopia management and other contact lens topics, can be viewed at arvo.org/annual-meeting/

Click HERE for the full press release.

FYidoctors Named One of Canada’s Best Managed Companies

FYidoctors was recognized for overall business performance and sustained growth with the prestigious Canada’s Best Managed Companies designation. The 2022 Best Managed program award winners are amongst the best-in-class of Canadian-owned and managed companies with revenues over $50 million demonstrating leadership in the areas of strategy, capabilities and innovation, culture and commitment, and financials to achieve sustainable growth.

Now in its 29th year, Canada’s Best Managed Companies remains one of the country’s leading business awards programs recognizing Canadian-owned and managed companies for innovative, world‑class business practices.

With over 600 doctors and over 300 clinics, FYidoctors serves Canadians from coast to coast. Faced, like all businesses, with undeniable COVID-19 challenges, the company took aggressive steps to innovate and reimagine its business model. The company developed new ways to care for its patients and colleagues, focusing on maintaining financial strength, delivering operational excellence. It prioritized the health and well-being of its team, patients and communities.

“This year’s Best Managed winners displayed courage, resourcefulness, and creativity as they explored new avenues for advancement,” said Lorrie King, Partner, Deloitte Private and Co‑Leader, Canada’s Best Managed Companies program. “We’re extremely proud to recognize their impressive achievements in such a rapidly changing business world. Their successes demonstrate the importance of strong leadership and forethought in driving long-term growth.”

Applicants are evaluated by an independent judging panel comprised of representatives from program sponsors in addition to special guest judges. 2022 Best Managed companies share commonalities that include (but are not limited to) putting their people and culture at the forefront, focusing on their ESG strategies, and doubling down on accelerated digitization.

“We are beyond excited to be named Best Managed Companies for the third year in a row,” said Dr. Alan Ulsifer, Chair and CEO of FYidoctors. The achievement of this milestone shows the commitment of our team to excellence, innovation, and teamwork.’’

Click HERE for the full press release.

Transitions® XTRActive® New Generations Lenses Are Available in Five Stylish Mirror Colors

To bring patients extra style this summer, Transitions® XTRActive® new generations lenses come in five stunning Style Mirror colours. Available in gold, silver, copper, blue green and blue violet, wearers can create all their own by pairing any colour lens with their favorite frames. Plus, these light intelligent lenses adapt seamlessly to any lighting environment providing the icon look patients want with the all-day protection they need. So, your patients have the choice to select the iconic colors as Grey, Brown and Graphite Green and add some style with one of the 5 mirrors.

Compared to the old Transitions XTRActive lenses, this new generation is darker overall[vi], darker in hot temperatures and in the car, and up to 35% faster to fade back[vii]. These advances are possible thanks to the new nano-composite matrix technology combined with new, extra powerful broad spectrum dyes which activate in both the UV and visible light spectrum.

“People are experiencing increased symptoms of eye strain and discomfort whether inside from screens or outdoors, and Transitions XTRActive lenses were designed with this issue in mind.  In fact, three out of ten eyeglass wearers are very light sensitiveiv” said Brian O’Neil, Ph.D., global vice president, Innovation, Technology & Operations, Transitions Optical. “Wearers of Transitions Optical technology want flexibility between indoors, outdoors and driving to be better protected at all times. The new generation of Transitions XTRActive provides light protection regardless of the situation.”

In addition to this new generation, Transitions Optical began the rolling launch of Transitions® XTRActive® Polarized™ in Canada in January 2021. Both products provide extra protection for eyeglass wearers who are frequently in intense light situations or who are very light sensitive. Transitions XTRActive Polarized is an extension of the Transitions XTRActive range bringing the additional benefits of polarization to the extra dark photochromic category, while Transitions XTRActive new generation lenses offer the best extra darkness[viii]. Transitions XTRActive Polarized lenses are designed for patients who want extra protection in high-glare situations. The unique polarization technology reduces glare outdoors, providing sharper vision, a larger field of view and bright, vivid colours.

Transitions XTRActive new generation and Transitions XTRActive Polarized lenses are available now. Please contact your local laboratory that provides you the Transitions XTRActive portfolio to know more about their product availability.

Click HERE for the press release.

This post is sponsored by Transitions Optical.


[i] In the clear to dark photochromic category. Tests across polycarbonate and 1.5 grey lenses at 35°C achieving <18%T using Transitions Optical’s standard testing method.

[ii] Clear to dark photochromic category. Polycarbonate and 1.5 grey lenses tested at 23°C behind the windshield achieving between 18%T and 43%T.

[iii] Clear to dark photochromic category. Tested on grey lenses across materials at 23°C outdoors achieving >8%T (Category 3 Darkness Levels) using Transitions Optical’s standard testing method.

[iv] Protection from harmful blue light (380nm-460nm) across the following light situations: indoors at 23°C, behind the windshield and outdoors at 23°C, among polycarbonate and 1.5 grey lenses in the clear to dark photochromic category.

[v] From harmful blue light (380nm-460nm) at 23°C among polycarbonate and 1.5 grey lenses in the clear to dark photochromic category. 

iv Transitions Optical, Quality of Vision and Vision Experience Test in Controlled Lab Situations (Lab Wearer Testing), U.S., Eurosyn, Q4 2019, N=135.

[vi] Compared to the previous generation, across materials tested on grey lenses at 23°C and 35°C.

[vii] Compared to the previous generation, across materials tested on grey lenses fading back to 70% transmission at 23°C.

[viii] In hot temperatures and in the car in the clear to dark photochromic category.  Tests across polycarbonate and 1.5 grey lenses at 23°C and 35°C using Transitions Optical’s standard testing method.

CooperVision Names Drs. Arumugam and Hammond to Expanded R&D Roles in Myopia Control and Management

CooperVision has announced expanded roles for two prominent researchers. Baskar Arumugam, B.Opt., Ph.D., FAAO, has been appointed Senior Lead Clinical Scientist and David Hammond, BAppSci(Microbiol), BAppSci(Optom), Ph.D., COT, has been appointed Lead Clinical Scientist on the CooperVision myopia research and development team. Both play integral roles in research and product development at the leading edge of myopia control, including in-depth analysis of seven years of data from the MiSight® 1 day clinical trial.

Baskar Arumugam, David Hammond, and Paul Chamberlain
 

Drs. Arumugam and Hammond co-authored works related to the MiSight® 1 day study’s six- and seven-year findings which were instrumental in demonstrating that MiSight® 1 day works for nearly all children with myopia, cuts myopia progression by half, works at any age a child starts treatment (8+), works for as long as the child wears them, and that myopia control benefits from MiSight® 1 day are retained after treatment.

This includes the peer review paper “Long-Term Effect of Dual-Focus Contact Lenses on Myopia Progression in Children: A 6-year Multicenter Clinical Trial” (Chamberlain P, et al.), now published in Optometry and Vision Science. Their paper “Myopia Progression on Cessation of Dual-Focus Contact Lens Wear: MiSight® 1 day 7 Year Findings” (Chamberlain P, Arumugam B, et al.) and companion poster (Hammond D, Arumugam B, et al.) also received widespread attention following the 2021 American Academy of Optometry Meeting.

“Our immense body of foundational and clinical research into myopia control and management has ignited global interest and action to take on this disease, energizing the eye care community, public health officials, and parents,” said Paul Chamberlain, BSc (Hons), CooperVision Director of Research Programs. “We are well into our second decade of leading this field, and investing even more resources to advance the science, evidence-based products, and clinical guidance. Baskar’s and David’s deep knowledge and insights are central to these efforts.”

Arumugam joined CooperVision in 2018, following several years on faculty at the University of Houston, where he also completed a postdoctoral fellowship. He earned a Ph.D. in myopia and ocular growth from the University of Melbourne.

Hammond joined CooperVision in 2020. Previously, he lectured on optometry and vision science at Flinders University and served as tenured faculty at Deakin University. He earned a Ph.D. in optometry, as well as molecular biology and microbiology from Queensland University of Technology and completed a postdoctoral fellowship at the University of California, Berkeley.

Click HERE for the full press release.

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