The Vision Council has released the results of the February 2021 Eyecare Provider Insights Survey. The Vision Council fielded the survey to the organization’s panel of more than 1,700 eyecare providers during the last week of February. The survey, which launched in March 2020 and is being conducted on an ongoing basis to track the state of…
The Board of Directors of EssilorLuxottica met on March 11, 2021 to approve the consolidated financial statements for the year ended December 31, 2020. These financial statements were audited by the Statutory Auditors whose certification report is in the process of being issued. “To really understand what EssilorLuxottica is made of, just look at how…
How market data in optics comes to life: When Mark and Ingeborg Mackenzie began to conduct studies on the global optical industry in 2003, Ferrari won the Formula 1 with Michael Schumacher. At that time, the industry experts described Asia as the “Ferrari” of ophthalmic optics – and thus the undisputed number one on the…
Allergan, an AbbVie (NYSE: ABBV) company, announced that it has submitted a New Drug Application to the U.S. Food and Drug Administration for investigational AGN-190584 (pilocarpine 1.25%) ophthalmic solution for the treatment of presbyopia. The FDA is expected to act on the NDA by the end of 2021. Approximately 128 million adults in the U.S….
The Vision Council and Reed Exhibitions, organizers of Vision Expo, announced the launch of VisionSAFE, an initial comprehensive set of health and safety guidelines, policies and resources designed to support a safe experience at Vision Expo East 2021, which is scheduled to take place June 2–5 at the Orange County Convention Center in Orlando, Florida….
A new report published in the Lancet Global Health reveals that over 90% of people living with vision loss globally could be treated with existing, highly cost-effective interventions. The Lancet Global Health Commission on Global Eye Health is the work of an interdisciplinary group of 73 academics and national programme leaders and practitioners from 25 countries….
According to the international news agency Reuters the German ophthalmic lens and eyewear maker Rodenstock is being prepared for sale by its private equity owner in a potential 1.5 billion euro ($1.8 billion) deal, two people close to the matter told Reuters. Compass Partners, which is working with investment bank Jefferies on the divestiture, is…
Essilor announced that Bernard Maitenaz, the inventor of the Varilux progressive lens that improved the lives of millions of presbyopes globally and redefined an entire industry, has passed away in his home city of Paris, at the age of 94. Bernard Maitenaz’s pioneering work revolutionized the eyecare industry and transformed people’s lives: to date, more…
Practical Systems, Inc. (PSI) is celebrating its 50th anniversary serving the optical industry. Founded by Bill Hernandez in 1971, PSI quickly established itself as a leader of innovative practical systems for labs. Firmly planted in the industry with the AlumaLap, the first lightweight aluminum lap, PSI continued to find other practical systems such as…
The organizers of 100% Optical announced the postponement of the 2021 trade show to January 2022. The 2021 event was scheduled for May 8-10 at ExCeL London, having already been pushed back from January 2021. 100% Optical will now take place from Jan. 29-31, 2022 at ExCeL London. In addition, 100% Optical announced a two-day…
