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ZEISS Scores Record Revenue for 2016

ZEISS Group reported record revenue and earnings across all business lines for the fiscal year ending September 2016.   Total revenue reached €4.881 billion euros.  The Vision Care products segment, which accounts for 22.3% of revenue contributed with a good growth performance of +8% year over year, thanks to successful new product launches according to the company.

Expenditures in Research and Development remained at high levels during the year, at 8.9% of revenue.

Notwithstanding expected slowdown in emerging countries,  Dr. Michael Kaschke, President and CEO of Carl Zeiss AG foresees continued growth, attributed to the focus of the ZEISS employees,  “Our skilled and highly motivated employees are actively shaping global megatrends in the areas of digitalization, Smart Production and health care,” says Kaschke explaining his expectations for growth.

Read the company’s release on Full Year results HERE.

 

OWP Men: Coolness is Key

The new OWP men’s styles simply can’t be beat when it comes to cool. The block titanium front of style 8610 features unique aluminium temples with clean-cut lines which lend the frames a distinctively manly style. In terms of shape and colour, the motto here is: cool is key. The striking lens shape with its keyhole bridge is available in predominantly cool metal tones. The aluminium temples either blend into or contrast with the front of the frames.

In addition to the block titanium frame, an acetate style is available with a refined, square-edged shape (7501-photo) and a strikingly simple stainless steel frame (8610) with the same aluminium temple design concept.

Distributed by Lanctôt : www.rlanctot.com

Interview with Dr. Jeffrey Guthrie, New President of OAO

On November 7, 2016, Dr. Jeffrey Guthrie of Bancroft, Ontario, took on the role of President of the Ontario Association of Optometrists for a two-year term ending Nov. 1, 2018. Dr. Guthrie hails from Sarnia, Ontario, and he received his B.Sc. from the University of Waterloo. He traveled to the United States for his Doctor of Optometry degree from the University of Illinois, and has ocular disease training at University of Chicago Hospitals, Veterans Hospitals of Detroit and West Palm Beach Florida.

Dr. Guthrie practiced in Victoria, B.C., for one year before returning to Ontario, where he practiced in various clinical settings for three years before joining Bancroft Eye Care. Dr. Guthrie commutes 3 hours each way from his Bancroft office to downtown Toronto – sometimes two times per week.

Infoclip.ca recently interviewed the new President for this three part series about his vision of Optometry in Ontario and how the Association can best serve its members.

Infoclip: As a Canadian with a US education, how do you think your background has provided a unique perspective for your leadership of optometry in Ontario?

Jeffrey Guthrie: One of the challenges we have in Ontario relates to the remuneration of Optometrists, especially when dealing with OHIP. The experience of having trained in the United States and having been in US practice settings is you have a much different perspective on how insurance works and what is medically necessary.

Here in Ontario our concept of what Optometrists do is wrapped up in the idea of the comprehensive eye exam. In the United States, they often take a much more problem-focused approach, which is coming to Ontario. By understanding this, we can work with the Ministry of Health to better orient how optometry services are funded.

But there are also challenges to that concept of prevention that are starting to crop up. There’s the example of the PSA tests for screening prostate cancer, and the controversy about the utility of that. When it comes to eye care, the regular eye exam is still quite important. It is a low cost screening tool.

Infoclip: Can you be more specific, how will your Assocation deal with the issue of compensation for your members?

J.G.: What we’ve been trying to do as an Association is to demonstrate to government where Optometrists can add value to the system. Taking care of more patients that have eye disease or are at high risk, such as patients with diabetes, is an area where optometry can provide more value to the government and there could be recognition of that value.

Infoclip: Most would advocate that prevention is better than problem-solving. What would be the place in the model for preventative care?

J.G.: This is something that is talked about a lot right now in the medical community. I would agree prevention is key, especially to a lot of eye problems. You want to try and intervene in most eye diseases early before a major loss of vision occurs. A perfect example is glaucoma; if you catch it too late and there is already vision loss you can’t bring that back.

Infoclip: How has  the program to invite MPP’s into optometrists offices been well received? Will that be continuing?

J.G.: We started that last year with Optometry Day and we expanded into Optometry Week this year. It’s been really very helpful in bringing the MPP’s up to speed on what it is optometrists do day-to-day and how they help their patients in every community of the province, and where the opportunities are. I see that definitely growing, we’ve had a lot of great feedback both from the members that have participated and from the MPP’s that have come out to our practices.

 

In Part 2 of the interview, we ask about member benefits and the challenges the OAO faces in attracting new members.

Statement from Essilor Group in Canada on Injunction

Infoclip.ca has obtained a statement from Marc Tersigni, Essilor Chief Strategic Officer for Canada, regarding the injunction sought by the Ontario Colleges against Essilor/Clearly’s online dispensing.

“The Ontario College of Opticians and the College of Optometrists filed a legal proceeding against Clearly requesting that the court determine the legality of online sales of contact lenses and eyeglasses in Ontario.  Essilor Group in Canada respects the decision of the Colleges to seek the court’s opinion regarding the role of optical e-commerce in Ontario.

As a global leader, Essilor has over 170 years of unparalleled commitment to supporting the highest level of product innovation, safety and consumer satisfaction. Essilor’s long term sustainable approach to business means that the Essilor Group is fully committed to complying with laws, regulations and requirements in all the countries where it operates.

With the advent of technology and the consumer’s evolving needs, alternate channels are fast-emerging.  It is of key importance for Essilor to continue to work hand-in-hand with its eye care professionals, while also addressing the consumer’s new buying preferences, in order to provide access to the best quality of eyecare for all Canadian consumers.  Essilor in Canada will continue to strongly support the independent eye care professional in their efforts to serve Canadians in both traditional and e-commerce channels.”

Ultraviolet Radiation Exposure Reduces Myopia Risk Later in Life

According to a study published by JAMA Ophthalmology, exposure to ultraviolet B radiation between the ages of 14 and 29 results in a reduced risk of adult myopia.

Spending more time outdoors is an increasingly common clinical intervention as public health officials attempt to stem the tide of myopia.

Researchers at the London School of Hygiene and Tropical Medicine wished to know the relationship between UVB, vitamin D and adult myopia, and so performed a secondary analysis of 3168 participants in the European Eye Study (371 with myopia, 2797 without).

All participants were 65 old or older at the time of the study, and a questionnaire combined with meteorological data was used to determine their level of sunlight exposure from the ages of 14 to 19 and between 20 and 39 years old.

Participants which had received more ultraviolet B exposure in their teen years and young adulthood (14-29 years old) had a reduced risk of adult myopia. Myopia was twice as common among the most highly educated participants.

No direct relationship with serum vitamin D levels were found, suggesting vitamin D does not play a role in myopia.

What does this mean for the use of time outdoors as an effective measure against myopia? The mechanism of the protective effects appear to be complex, and it is still unclear whether the reduced myopia risks arise from exposure to bright light, ultraviolet radiation, distance focusing, or a combination of factors.

Read the Full article from JAMA Ophthalmology HERE.

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