- Category: Business
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.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.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.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.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.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.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.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.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.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.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.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.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.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.Business
AAO adds ERG to preferred practice guidelines for DR
Gold standard for clinical decision-making promotes electroretinography, enabling earlier intervention and personalized care.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.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.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.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.Business