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Allergan Reports Strong 2016 Finish with 7% Increase in Net Revenues

Allergan plc reported its fourth quarter and full year 2016 continuing operations performance. Total net revenues were $3.9 billion, a 7% increase versus the prior year quarter.

For the full year 2016, Allergan reported total net revenues of $14.57 billion, a 15% increase versus the prior year.

Allergan’s Eye Care franchise experienced strong results versus the prior year. RESTASIS® net revenues were $393.1 million in the fourth quarter of 2016, up 13%, driven by demand and pricing.

The Glaucoma franchise experienced a modest decline, with net revenues in the fourth quarter of 2016 of $102.3 million, up 2% versus prior year quarter offset by LUMIGAN® net revenues declining 9%.

OZURDEX® net revenues in the fourth quarter of 2016 were strong at $22.6 million, up 18% versus prior year quarter driven by continued strong demand from the diabetic macular edema indication.

“2016 was a year of transformation for Allergan. We are now a branded biopharmaceutical leader, focused on delivering sustainable revenue growth, advancing our pipeline, maintaining industry leading margins and allocating capital to maximize shareholder return. In the fourth quarter of 2016, we delivered against these priorities,” says  Brent Saunders, Chairman and CEO of Allergan.

View the complete press release here.

New Look Eyewear Wins Best in Training Award at Transitions Academy

New Look_Transitions Academy 2017ORLANDO, Fla. – Transitions Optical honored New Look Eyewear with the 2016 Best in Training title, a category of the Transitions Innovation Awards program, during a recognition ceremony on Tuesday at Transitions Academy in Orlando, Fla.

Marie-Josee Mercier, Vice President Sales and Operations at New Look Eyewear, accepted the award on behalf of the retailer at Transitions Academy.

“Adopting a new method of product training very much allowed for better retention of information for our employees,” said Mercier. “Learning about Transitions products in a fun way helped us maintain a high-level of employee participation and excitement. We are very happy to accept this award.”

To read the full press release, click here.


 

 

 

 

Sheena Taff Wins 2016 Transitions Brand Ambassador Award

Sheen Taff_Transitions Academy 2017

ORLANDO, Fla. – Transitions Optical honored Sheena Taff, Roberts & Brown Opticians, Vancouver, British Columbia, with the 2016 Transitions Brand Ambassador title, a category of the Transitions Innovation Awards program, during a recognition ceremony at Transitions Academy in Orlando, Fla.

“I began my role as a Transitions Change Agent knowing that I could make a difference in what people think about the average Transitions wearer,” said Taff. “Being able to wear Transitions myself and showcase them in a stylish, fashion forward way, makes it easy to spread the word about one of my favorite products. I am incredibly excited to be receiving this award.”

Click here to read the full press release.


 

Introducing the NEW MagniLink Voice II Reading Machine

Eschenbach Optik of America announces the new and improved MagniLink Voice II.  A second generation reading machine with high performance, contemporary design and expanded features. With the push of a button, this user-friendly reading machine converts text into speech.

The MagniLink Voice II is easy to set-up: unfold the handle, place the reading material underneath the camera, and press the orange button to begin hearing the text read aloud. It can read misaligned documents, full letter pages and has automatic language detection with voice feedback on all of the functions. The reading speed, volume, audio profiles, voices and light can be adjusted. It has three user modes including basic, full and customizable and now has an option to connect to an external monitor via HDMI output so scanned text can be displayed visually while it’s read aloud.

This new-age reading machine is available with two options –  HDMI monitor output and internal battery.

Click HERE to read the full press release.

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