• category:Business
Alcon introduces innovator program identifies contact lens market needs
Business

Alcon introduces innovator program identifies contact lens market needs

Inaugural initiative recruits ECPs to collect patient feedback and address top barriers influencing lens wear outcomes.
Mediwhale raises $12M in funding for AI-based retinal scanning tech
Business

Mediwhale raises $12M in funding for AI-based retinal scanning tech

Financing will support the company’s AI diagnostic solutions for preventing cardiovascular, kidney, and ocular diseases.
Topcon and BeeKeeper AI partner to develop AI solutions for eyecare data
Business

Topcon and BeeKeeper AI partner to develop AI solutions for eyecare data

Collaboration combines the Harmony and EscrowAI platforms to enable algorithm privacy and encryption for real-world eye data.
Opthea appoints new CFO, other senior leadership positions
Business

Opthea appoints new CFO, other senior leadership positions

Latest appointees include CMO and VP as the company prepares for 2025 topline phase 3 data readouts on sozinibercept for wet AMD.
Vista Ophthalmics and MST to launch global partnership
Business

Vista Ophthalmics and MST to launch global partnership

Collaboration marks the U.S. commercialization of the Vista 1-Step vitrector and Vista IS anterior chamber maintainer, debuting at AAO next month.
Global Myopia Awareness Coalition adds international members
Business

Global Myopia Awareness Coalition adds international members

The Singapore Optometric Association and Optometry Australia have joined the industry coalition’s fight against myopia.
Nicox and Glaukos sign global licensing option for glaucoma and retinal candidate
Business

Nicox and Glaukos sign global licensing option for glaucoma and retinal candidate

Agreement includes preclinical research for NCX 1728, the lead compound of a new class of nitric-oxide-donating molecule class.
ANI Pharmaceuticals officially acquires Alimera Sciences
Business

ANI Pharmaceuticals officially acquires Alimera Sciences

Purchase includes YUTIQ and ILUVIEN, expanding the company’s ophthalmic presence in the rare disease space.
AbbVie and Ripple Therapeutics to develop glaucoma intracameral implant
Business

AbbVie and Ripple Therapeutics to develop glaucoma intracameral implant

Collaboration features Ripple’s RTC-620, a sustained-release drug implant with repeat dosing for lowering IOP in OAG and OHT patients.
Sonoma Pharmaceuticals and EMC Pharma to co-market expanded eye care product line
Business

Sonoma Pharmaceuticals and EMC Pharma to co-market expanded eye care product line

Ongoing agreement now involves HOCl-based Ocucyn and Acuicyn eyelid and eyelash cleansers, with the debut targeted for AAO next month.
Opthea names senior leaders ahead of phase 3 wet AMD data readout
Business

Opthea names senior leaders ahead of phase 3 wet AMD data readout

Company anticipates releasing interim data from COAST and ShORe studies in early and mid-2025, respectively.
Samsara Vision promotes industry veteran to COO
Business

Samsara Vision promotes industry veteran to COO

Former VP Jason Herod will oversee ongoing U.S.-based trials on the SING IMT intraocular telescope for late-stage AMD.
Newly-launched Tern Therapeutics acquires ex-REGENXBIO gene therapies
Business

Newly-launched Tern Therapeutics acquires ex-REGENXBIO gene therapies

Biotech company receives $15 million in funding to advance clinical development of TTX-381 and TTX-181 for treating ocular and CNS manifestations of CNL2 disease.
Advancing Eyecare purchases Eyefficient ophthalmic supplier
Business

Advancing Eyecare purchases Eyefficient ophthalmic supplier

North American ophthalmic equipment companies join forces to serve ECPs, third-party distributors, and independent sales reps.
Ocuvex Therapeutics to merge with Visiox Pharmaceuticals
Business

Ocuvex Therapeutics to merge with Visiox Pharmaceuticals

Deal includes Visiox’s OMLONTI, indicated to treat glaucoma and ocular hypertension.
ASOA names ASCRS leader as new executive director
Business

ASOA names ASCRS leader as new executive director

Current ASCRS Foundation Executive Director Abigail Markward is taking the helm.
Bausch + Lomb acquires Trukera Medical
Business

Bausch + Lomb acquires Trukera Medical

Purchase of the former TearLab Corporation includes the ScoutPro Osmolarity System, a point-of-care portable device for osmolarity testing.
Opthea selects global retinal leaders for Medical Advisory Board
Business

Opthea selects global retinal leaders for Medical Advisory Board

Newly-formed board is led by Chief Medical Advisor Arshad M. Khanani, MD, MA, FASRS.
Sydnexis names long-time industry executive as new leader
Business

Sydnexis names long-time industry executive as new leader

Effective Aug. 5, Perry J. Sternberg will take over as CEO of the pediatric myopia-focused pharmaceutical company.
EssilorLuxottica is purchasing a majority stake in Heidelberg Engineering
Business

EssilorLuxottica is purchasing a majority stake in Heidelberg Engineering

Multinational eyewear corporation will acquire an 80% stake in the high-tech solutions company.