• Category: Business
Azalea Vision raises $9M to support development of intelligent ocular tech platform
Business

Azalea Vision raises $9M to support development of intelligent ocular tech platform

Financing to support initiation of a FIH trial on the company’s smart contact lens platform; veteran ophthalmic leader appointed as chairman of the Board.
Carl Zeiss Meditec AG CEO to step down
Business

Carl Zeiss Meditec AG CEO to step down

Dr. Markus Weber makes a surprise move by leaving the role at the end of May, with longtime ZEISS executive Maximilian Foerst named as successor.
CORE Director Dr. Lyndon Jones to step down amid scope expansion
Business

CORE Director Dr. Lyndon Jones to step down amid scope expansion

CORE announces integration plans into the Waterloo Eye Institute and the creation of a steering committee as it looks to expand into research of the vision system and beyond.
Topcon names former Genentech exec as chief medical officer
Business

Topcon names former Genentech exec as chief medical officer

Daniela Ferrara, MD, PhD’s role involves establishing retinal imaging as a first-line tool for both eyecare and the screening and management of complex systemic diseases.
BVI Medical and Neurotech name new CCOs
Business

BVI Medical and Neurotech name new CCOs

With over 20 years of executive leadership experience each, Andrew Chang and Beth Marsh will lead commercialization efforts for their respective companies’ upcoming product launches.
CSI Dry Eye Software selects new CEO
Business

CSI Dry Eye Software selects new CEO

Eye care industry executive Ken Barbet takes the helm as the AI-based dry eye management platform seeks to help ECPs standardize and deliver customized treatment.
CORE launches environmental-focused eyewear education website
Business

CORE launches environmental-focused eyewear education website

SustainableEyecare.com offers a digital guide for ECPs and patients on solutions and programs for recycling contact lenses and other eyewear.
Voiant acquires AI-based ophthalmic image analysis startup Voxeleron
Business

Voiant acquires AI-based ophthalmic image analysis startup Voxeleron

Software and clinical trial expertise to combine into an AI-based integrated platform for retinal and corneal imaging, with a goal of expedited patient treatment delivery.
Opthea to cut workforce by an estimated 65%
Business

Opthea to cut workforce by an estimated 65%

Significant layoffs follow in wake of the company's phase 3 trial failures and subsequent termination of its wet AMD program late last month.
How will reciprocal tariffs impact the optical industry?
Business

How will reciprocal tariffs impact the optical industry?

The Vision Council updates industry members as the U.S. imposes new 10% tariffs on 60+ countries across the globe—and 125% on China.
Pantheon Vision and Eyedeal Medical to develop bioengineered corneal implant
Business

Pantheon Vision and Eyedeal Medical to develop bioengineered corneal implant

Collaboration involves advancement and commercialization of Pantheon’s artificial cornea as the company nears a potential premarket approval submission.
Character Biosciences raises $93M to advance genetics-based AMD therapeutics
Business

Character Biosciences raises $93M to advance genetics-based AMD therapeutics

Financing will support precision medicine candidates as part of its integrated patient data platform and AI-based analytics engine.
Alcon purchases majority stake in Aurion Biotech
Business

Alcon purchases majority stake in Aurion Biotech

Company replaces CEO and founder Greg Kunst, gaining access to groundbreaking CED cell therapy with plans for phase 3 clinical trials expected later this year.
Eyenovia proposes merger with Betaliq to form glaucoma company
Business

Eyenovia proposes merger with Betaliq to form glaucoma company

Potential deal would result in a new glaucoma-focused company combining the EyeSol water-free drug delivery tech and Optejet device platform.
AAO adds ERG to preferred practice guidelines for DR
Business

AAO adds ERG to preferred practice guidelines for DR

Gold standard for clinical decision-making promotes electroretinography, enabling earlier intervention and personalized care.
Alcon to acquire Lensar and its next-gen FLACS portfolio
Business

Alcon to acquire Lensar and its next-gen FLACS portfolio

Deal includes the ALLY Robotic Cataract Laser System, the first FDA-cleared platform to enable femtosecond-laser-assisted cataract surgery.
Lighthouse Guild selects accessibility innovator as new leader
Business

Lighthouse Guild selects accessibility innovator as new leader

President and CEO of Guiding Eyes for the Blind Thomas Panek will take the helm starting next month.
Tenpoint Therapeutics names veteran executive as first CCO
Business

Tenpoint Therapeutics names veteran executive as first CCO

Carol Kearney to lead company’s efforts to launch and expand global availability of BRIMOCHOL PF for presbyopia.
How could new tariffs impact the optical industry?
Business

How could new tariffs impact the optical industry?

The Vision Council dives into current and future impacts on eyewear amidst ongoing U.S. trade war against Canada, China, Mexico, and other countries.
Foundation Fighting Blindness appoints new chief scientific officer
Business

Foundation Fighting Blindness appoints new chief scientific officer

Amy Laster, PhD, is spearheading the organization’s 5-year strategic plan as the organization plans to host a free IRD-based webinar on March 13.