ClipInfo has learned that Essilor has acquired Riverside Optical Lab. More details to come.
Another step toward drug delivery through contact lenses
Scientists have been talking for a long time about contact lenses able to deliver ocular drugs. Now they are getting a little closer to their goal.
Researchers at Harvard University’s Massachusetts Eye and Ear have successfully developed a contact lens that allows latanoprost, a drug commonly used to treat glaucoma, to be administered over a period of weeks, and even months. The lenses have a clear opening in the centre and a film made of a combination of latanoprost and polymer on the periphery. The film helps control the steady delivery of the drug. The lenses can be manufactured with or without refractive power.
“In general, eye drops are an inefficient method of drug delivery that has notoriously poor patient adherence,” said lead researcher Dr. Joseph Ciolino. “This contact lens design can potentially be used as a treatment for glaucoma and as a platform for other ocular drug delivery applications. A non-invasive method of sustained ocular drug delivery could help patients adhere to the therapy necessary to maintain vision in diseases like glaucoma, saving millions from preventable blindness.”
Source:
http://www.sciencedaily.com/releases/2013/12/131209084137.htm
Luxottica purchases Glasses.com
Luxottica will acquire Glasses.com and its virtual try-on technology, currently owned by WellPoint.
“[We] are announcing the agreement to acquire a technology which we believe will benefit the overall eyewear sector and the optical industry in North America, a crucial market for our group and one we remain strongly committed to,” said Andrea Guerra, CEO of Luxottica, in a press release. “[We] will invest in innovations to create an enhanced online experience that will be accessible to independent practitioners in North America.”
Luxottica recalls that the eyewear industry in North America is estimated to be a 35.5 billion market that should exceed $45 billion by 2020. The increase in the number of individuals needing vision correction products, the projected increase in eye exams, and the greater penetration of premium eyewear will all drive this growth.
Until now, Glasses.com was managed as a division of 1-800 CONTACTS by WellPoint, a leading player in the U.S. health insurance industry. However, WellPoint recently announced its intention to sell 1-800 CONTACTS. It already has an agreement in principle with the Thomas H. Lee Partners investment firm, which hopes to acquire it.
Sources: http://www.luxottica.com/en/luxottica-announces-agreement-acquire-glassescom-wellpoint-inc
http://ir.wellpoint.com/phoenix.zhtml?c=130104&p=irol-newsArticle&ID=1888860&highlight=
New partnership between FYidoctors and VSP Vision Care
The FYidoctors network of optometrists and VSP Vision Care Canada have formed a joint venture partnership with the goal of selling eye care insurance programs to Canadian employers.
FYidoctors and VSP have 50/50 ownership of the new enterprise. VSP will market and sell the insurance programs to Canadian employers and will administer them. Covered employees will be able to access eye care from optometrists in the FYidoctors network or in Vision Source Canada franchise locations. FYidoctors acquired the Canadian division of Vision Source in October 2013.
Currently, approximately 270 optometrists service 108 practices affiliated with FYidoctors, and 160 others service Vision Source Canada franchise locations.
“The landscape of Canadian health care, and optometry more specifically, is changing rapidly, and we must remain relevant to our patients,” said Alan Ulsifer, founder and CEO of FYidoctors. “A more competitive and saturated market is making it more necessary to develop a value proposition, and ultimately grow market share.”
Pat McNeil, VSP Global’s corporate communications director, estimates that, in the next 18–24 months, this program could cover 100,000 patients.
Sources:
http://www.eyewiretoday.com/view.asp?20131220-ge_carecredit_to_refund_341_million_to_consumers
Proteins may help slow down AMD progression
Japanese researchers have shown that a type of protein found in stem cells can reverse, and even prevent, retinal damage related to repetitive exposure to UV rays…in mice.
The researchers determined that a single injection of adipose-derived stem cells reduced the retinal damage induced by light exposure in mice. Even more important, their research revealed that progranulin, a protein found in these stem cells, could play a key role in protecting against light-induced eye damage.
“Recent studies have demonstrated that bone marrow-derived stem cells protect against central nervous system degeneration with limited results,” say the authors of the article, published in STEM CELLS Translational Medicine. “Just like the bone marrow stem cells, adipose-derived stem cells also self-renew and have the ability to change, or differentiate, as they grow. But since they come from fat, they can be obtained more easily under local anesthesia and in large quantities.”
The authors say that progranulin could become a potential target for the treatment of degenerative diseases such as AMD and retinitis pigmentosa.
Source:
