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Alcon Completes Acquisition of Aerie Pharmaceuticals

Alcon

Alcon announced that it has completed its acquisition of Aerie Pharmaceuticals (Aerie).

Through the transaction, Alcon has added the commercial products Rocklatan (netarsudil and latanoprost ophthalmic solution) 0.02%/0.005% and Rhopressa (netarsudil ophthalmic solution) 0.02%, as well as AR-15512, a Phase 3 product candidate for dry eye disease. Alcon has also acquired a pipeline of ophthalmic pharmaceutical product candidates with the opportunity to leverage Aerie’s existing research and development capabilities.

“As we welcome the Aerie team to Alcon, we look forward to leveraging our expanding commercial footprint and expertise to bring Rocklatan® and Rhopressa® to even more customers and their patients,” said David Endicott, CEO of Alcon.

The transaction complements Alcon’s expansion into the ophthalmic pharmaceutical space, including acquisitions of the exclusive U.S. commercialization rights for Simbrinza® from Novartis in April 2021 and Eysuvis® and Inveltys® from Kala Pharmaceuticals, Inc. in May 2022.

Alcon intends to fully integrate Aerie into its business. As previously disclosed, the Company has used debt to fund the transaction for a total purchase consideration of approximately $930 million.

Click HERE for the full press release.

B + L Reports More Than 58 Million Units of CL Materials Collected Through Recycling Programs

Bausch + Lomb

Bausch + Lomb announced its unique ONE by ONE and Biotrue Eye Care Recycling programs have collected a total of 58,677,480 million units, or 356,723 pounds, of used contact lens, eye care and lens care materials, which is equivalent to the weight of 108 midsize vehicles. The first-of-its-kind programs are made possible through a collaboration with TerraCycle®, a world leader in the collection and repurposing of hard-to-recycle post-consumer waste.

“Prior to the launch of Bausch + Lomb’s recycling programs, contact lens wearers, eye doctors and consumers did not have a dedicated way to properly recycle contact lens, eye care and lens care materials in the United States,” said Amy Butler, vice president, Global Environment, Health, Safety and Sustainability, Bausch + Lomb. “The ONE by ONE and Biotrue Eye Care recycling programs are providing a solution to this concern and together are making significant strides in ensuring more and more of these non-biodegradable materials do not end up in our environment and instead become a variety of post-consumer products.”

“The Bausch + Lomb ONE by ONE and Biotrue Eye Care recycling programs are two prominent programs my practice uses daily to help ensure we are being as sustainable as possible,” said Gina Wesley, O.D., Complete Eye Care, Medina, Minn. “My patients are also pleased to hear about these programs during their appointments so they, too, can help minimize the waste these materials generate.”

The ONE by ONE Recycling program has collected more than 58 million used contact lenses, blister packs and top foils since the program’s launch in November 2016. The Biotrue Eye Care Recycling program, which launched in April 2021, has collected more than 320,000 eye drop single dose units, lens cases, lens solution caps and Biotrue Hydration Boost Lubricant Eye drops multi-dose bottles.

Bausch + Lomb has a similar contact lens recycling program in Canada called Every Contact Counts. visit www.BauschRecycles.com.

Click HERE for the full press release.

iA Financial Group Philanthropic Contest: CNIB in the Running to Win a Donation of $100,000

CNIB has been selected as one of 12 finalists for the iA Financial Group philanthropic contest. The Canada-wide philanthropic contest awards a donation of $100,000 to the four charities that receive the most votes. The remaining eight charities will each receive $10,000. 

“We are thrilled that iA Financial Group chose our submission! If selected, the $100,000 donation would go towards supporting accessible technology education for students who are blind or partially sighted in Western Canada – providing participants, parents and teachers alike with access to resources, supportive technologies, and training,” says Ashlee Rolheiser, Manager of Philanthropy, CNIB. “Children are the leaders of tomorrow, and this remarkable donation would help provide our young leaders with access to the adequate supports they require to keep up with their classmates and succeed in school to build independence, future employment skills, and a better quality of life. We invite people to vote!” 

The public is invited to go to donations-contest.ia.ca and vote for the submission they find the most inspiring in each market from among the twelve finalist submissions. Winners will be announced in early December.

Click HERE for the full press release.

Enhancing Lives Through Design: FYidoctors Calgary Mission Square Concept Clinic Inauguration

FYidoctors, a division of FYihealth group, announces the grand opening of its new flagship location in Calgary, Alberta. Founded in 2008, FYidoctors is Canada’s largest doctor-owned and doctor-led optometrist. FYidoctors has over 375 locations across Canada employing over 630 doctors and more than 2,300 team members. The company proudly has 47 clinics in Alberta making them one the most established eye care service provider in the province.  

Located in Calgary at 102 – 2424 4th Street SW, this unique 3,000 square foot clinic offers personalized eye care using state-of-the-art optometric technology and carries a wide selection of exclusive brands, including Cartier, BonLook, H Halston, Chopard and more. This clinic also has the largest FYidoctors exam room in Canada and is conveniently located on the ground level of the FYihealth group head offices. This location carries over 45 brands of optical eyewear and offers an unparalleled number of frames with more than 2,000 frames in clinic. It is also a hospitality-orientated, ‘guest-centric’ shopping environment.  

Unique to this FYidoctors location is a fully customizable digital storefront display wall facing street traffic. New interactive digital media is utilized throughout the clinic space to educate and engage our patients. Additionally, a unique “FYidoctors scent” is used throughout the clinic to stimulate the olfactory senses of patients while browsing. 

The clinic’s waiting area is designed to be more relaxed and comfortable, creating an opportunity for our patients to enjoy their time at the clinic. With top-of-the-line materials, the overall clinic purchasing experience is improved with exceptional acoustics, lighting, digital touch points, and interactive messaging.  

“This clinic, its design, and the technology it offers is what we have as a vision for our entire network across Canada at FYidoctors. It exemplifies what FYidoctors has become as a leader in patient care in Canada and we are very proud to provide such a wide range of services and products to our patients,” says Dr. Alan Ulsifer, CEO & Chair of FYihealth group.  

“Since moving our corporate Home Office to Mission in 2015, it has been our vision to create a flagship location at street level to effectively showcase our brand.  I am so excited to see this dream come to life and for our team to be able to enhance the lives of the local community through the eye care and services we provide,” added Darcy Verhun, President of FYihealth group.  

The four optometrists based out of Mission Square bring over 112 years of optometry education and knowledge. With a goal to offer the best optometric experience and to have answers to all the patients’ questions answered, Mission Square’s Lead Optometrist, Dr. Bunny Virk, shares “the clinic is fully equipped with the latest state-of-the-art diagnostic equipment for early detection and management of all forms of acute and chronic eye conditions. In addition, our clinic will have the WAM800, an advanced diagnostic device in the optometric industry.”  

Additional technology including the IPL/Radio Frequency Darwin treatment device, corneal topography, meibography, retinal widefield imaging, and the latest lens technology (duo-form lenses exclusive to FYidoctors with precise measurements (opitkam)), will all be available at this flagship location.  

FYidoctors have built this space to be welcome to patients from all demographics, which can be seen through the customized wheelchair accessible room and friendly staff. To continue the progression of the services offered, the new FYidoctors University space will be opening soon, less than ten steps away and right across the hall, to help support the current and future team members with training and education of new Optometrists.  

This post is sponsored by FYidoctors.

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