St. Gallen-based Galifa Contactlinsen AG, which specializes in the production and distribution of high-quality contact lenses, has gained a new majority shareholder in Roggwil TG-based Medical Vision AG. Medical Vision AG’s commitment strengthens its position in ophthalmology, optometry and ophthalmic optics and opens up new growth potential for Galifa Contactlinsen AG. Orderly successionChristian Krüsi, the…
CooperCompanies announced financial results for its first fiscal quarter ended January 31, 2025. In the quarter, CooperCompanies reported that revenue increased 4 percent year over year to $964.7 million; CooperVision (CVI) revenue was up 4 percent to $646.1 million, and CooperSurgical (CSI) revenue was up 3 percent to $318.6 million. CooperCompanies currently has GAAP diluted…
Richard Smith, Head of Professional Affairs EMEA at Bausch + Lomb, was unanimously elected as the new President of EuromContact. He takes over from Nicoletta Losi, Professional Education & Development Director EMEA at Johnson & Johnson Vision, who has successfully chaired the association for the past eight years.Richard Smith has been a EuromContact Board member…
CooperVision has announced a series of investments designed to reinforce its worldwide leadership in myopia management, including actions to further bolster commercial infrastructure, pipeline growth, clinical study sponsorship and advocacy support. The company announced the appointment of Jennifer Lambert to the newly created role of vice president, myopia management and cornea care. Lambert has spent…
On February 6, Bausch Health Companies announced that it would continue to own 88% of Bausch + Lomb. Previously, Bausch Health’s management and Bausch + Lomb’s leadership had explored a potential sale after a private equity firm expressed interest in acquiring the eye health subsidiary at an attractive valuation. The process did not result in…
The Contact Lens Institute has named 18 established and emerging leaders in the eyecare community as 2025 Visionaries. The diverse group represents a range of practice settings, research interests and specializations from across the United States and Canada, according to the announcement. The honorees were selected based on their dedication to increasing awareness and promoting…
The University of New Brunswick (UNB) and the University of Waterloo (UW) have signed a memorandum of understanding, to explore the establishment of a school of optometry in Saint John, New Brunswick, to serve Atlantic Canada, the universities announced in a statement. The memorandum of understanding between the two universities emphasizes the goal of increasing…
Tangible Science Inc. announced that Karen Havenstrite, Ph.D., MBA, co-founder, and former CTO, has been appointed chief executive officer, succeeding Victor McCray, MD, who will transition to the role of executive chairman of the board. Dr. McCray, who led the company for 12 years, is stepping down to embark on the next chapter of his…
EyePrint Prosthetics, Advanced Vision Technologies (AVT) and WAVE Contact Lens System have united to form WAVE Eye Care, a division dedicated to providing fully customized specialty contact lenses. According to the announcement, WAVE Eye Care offers a broad range of solutions, including Ortho-K lenses, scleral lenses and corneal gas permeable (GP) lenses, all designed to…
The Global Myopia Awareness Coalition (GMAC) has announced the British Contact Lens Association (BCLA) as its newest professional association member. This partnership expands GMAC’s global network and strengthens its efforts to raise awareness and promote action on childhood myopia worldwide, the association stated. BCLA plays a key role in advancing education, knowledge sharing and professional…