• category:Business
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.
Merck officially enters ophthalmic space with EyeBio acquisition
Business

Merck officially enters ophthalmic space with EyeBio acquisition

Pharmaceutical giant now owns Restoret (EYE103), an investigational, tri-specific antibody for DME and wet AMD.
iOR Partners names leading cataract refractive surgeon as Strategic Advisory Board chairman
Business

iOR Partners names leading cataract refractive surgeon as Strategic Advisory Board chairman

Lance J. Kugler, MD, brings extensive office-based surgery experience to the specialty company.
Alcon officially acquires BELKIN Vision
Business

Alcon officially acquires BELKIN Vision

Purchase involves the Israeli company’s FDA-cleared direct selective laser trabeculoplasty technology.
ANI Pharmaceuticals to purchase Alimera Sciences
Business

ANI Pharmaceuticals to purchase Alimera Sciences

Acquisition expands ANI’s ophthalmic foothold with the addition of two FDA-approved therapeutics: ILUVIEN and YUTIQ.
Sightpath Medical now owns LASIK provider PennVista
Business

Sightpath Medical now owns LASIK provider PennVista

Provider of mobile ophthalmic services adds all-in-one provider of ophthalmic surgery services to its growing presence across the United States.
Ocular Therapeutix to cut 13% of workforce
Business

Ocular Therapeutix to cut 13% of workforce

Company cites new initiative to prioritize clinical development of its axitinib intravitreal implant for wet AMD, currently in a phase 3 trial.
Latinos En Optometry unveils new branding
Business

Latinos En Optometry unveils new branding

Nonprofit features new webinar series targeting the future of Hispanic and Latino eye care professionals in the optometric industry.
Merck to acquire Eyebiotech in deal worth up to $3B
Business

Merck to acquire Eyebiotech in deal worth up to $3B

Agreement involves EyeBio’s lead retinal vascular disease candidate, Restoret, designed as an intravitreal injection for DME and wet AMD patients.
Huminox Biosciences names founder as new CEO
Business

Huminox Biosciences names founder as new CEO

Karen Torrejon, PhD, returns to leadership as the company expands its human engineering platform technology.
Alcon is buying Belkin Vision and its contact-less SLT glaucoma device
Business

Alcon is buying Belkin Vision and its contact-less SLT glaucoma device

Acquisition is estimated to be worth up to $335 million and will close in Q3 2024.
Will vision care clinics be affected by Walmart's health center closings?
Business

Will vision care clinics be affected by Walmart's health center closings?

Nationwide chain announced the closure of 51 locations across five states, including its health and virtual care offerings.
Topcon Healthcare names new CEO and president
Business

Topcon Healthcare names new CEO and president

Ali Trafeshi is taking the helm of the global optical equipment manufacturer.
Ocular Therapeutix announces executive chairman as new CEO
Business

Ocular Therapeutix announces executive chairman as new CEO

Effective immediately, Pravin U. Dugel, MD, will also take over as president.
ASCRS names Vance Thompson, MD, as president
Business

ASCRS names Vance Thompson, MD, as president

Internationally-recognized specialist in laser vision correction and advanced cataract surgery will be inducted during the 2024 annual meeting.
Global Myopia Awareness Coalition names 2024 Board of Directors
Business

Global Myopia Awareness Coalition names 2024 Board of Directors

Industry coalition selects eight industry leaders to join its fight against pediatric myopia.
Lenz Therapeutics merges with Graphite Bio
Business

Lenz Therapeutics merges with Graphite Bio

Combined company under LENZ is focusing on advancing two presbyopia therapeutic candidates.