- category:Business
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.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.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.Business
EssilorLuxottica is purchasing a majority stake in Heidelberg Engineering
Multinational eyewear corporation will acquire an 80% stake in the high-tech solutions company.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.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.Business
Alcon officially acquires BELKIN Vision
Purchase involves the Israeli company’s FDA-cleared direct selective laser trabeculoplasty technology.Business
ANI Pharmaceuticals to purchase Alimera Sciences
Acquisition expands ANI’s ophthalmic foothold with the addition of two FDA-approved therapeutics: ILUVIEN and YUTIQ.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.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.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.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.Business
Huminox Biosciences names founder as new CEO
Karen Torrejon, PhD, returns to leadership as the company expands its human engineering platform technology.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.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.Business
Topcon Healthcare names new CEO and president
Ali Trafeshi is taking the helm of the global optical equipment manufacturer.Business
Ocular Therapeutix announces executive chairman as new CEO
Effective immediately, Pravin U. Dugel, MD, will also take over 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.Business
Global Myopia Awareness Coalition names 2024 Board of Directors
Industry coalition selects eight industry leaders to join its fight against pediatric myopia.Business