Contact Lenses

J&J Vision Announces Acquisition of Sightbox, an Online CL Subscription Service

JACKSONVILLE, Fla.—Johnson Johnson Vision has acquired Sightbox Inc., an online, membership-based subscription service for contact lens wearers in the U.S., according to a JJ Vision announcement earlier this week. The terms of the deal were not disclosed. The acquisition will help more patients connect with ECPs through a member-based contact lens subscription service, JJ Vision said in its announcement. Sightbox also addresses “a growing consumer preference for more convenient access to eye health services and products,” the announcement noted. Sightbox will become part of Johnson Johnson Vision, but will operate as a separate business and will continue to provide contact…

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Visioneering Technologies Appoints Benoit as Executive Director of Professional Affairs

ATLANTA—Visioneering Technologies Inc. (VTI), a global company dedicated to improving vision care, has named Douglas P. Benoit, OD, FAAO, executive director, professional affairs, a new position at the company. Dr. Benoit will be responsible for working with eyecare professionals to increase awareness and use of the NaturalVue 1 Day Contact Lenses product line and its advanced-technology designs. He also will work with professional organizations and educational institutions to raise awareness of VTI and its NaturalVue products. “The appointment of Dr. Benoit comes at an important time for VTI, as we expand our sales force nationwide to better meet the needs…


Brien Holden Vision Institute and mark’ennovy Agree to Contact Lens Development Partnership

SYDNEY—The Brien Holden Vision Institute, a non-profit translational research, education and public health organization, and mark’ennovy, a European-based manufacturer of premium monthly replacement contact lenses, have established a strategic alliance that includes a worldwide exclusive licensing agreement for soft contact lenses. Under the terms of the partnership, which was announced earlier this week, the partners have agreed to develop and market “a portfolio of new design soft contact lenses, in silicone hydrogel.” The new lenses will be designed to address the “two areas that have been, and will continue to be at the center of focus and challenge for eyecare…


Novartis Chief Executive Jimenez to Retire in 2018, Narasimhan Named Successor

Joseph Jimenez (l) will retire next year and be succeeded by Vasant (Vas) Narasimhan, MD.​ BASEL, Switzerland—Novartis AG (NYSE: NVS) chief executive officer Joseph Jimenez, who has led the company since 2010, announced Monday that he plans to step down as CEO in January and retire from the company on Aug. 31, 2018. The pharma company, which also owns Alcon, said its board of directors has appointed Vasant (Vas) Narasimhan, MD, the company’s global head of drug development and chief medical officer, to succeed Jimenez, effective Feb. 1, 2018. Dr. Narasimhan, a member of the company’s executive committee, joined Novartis…


Cooper Companies Report ‘Solid’ Financial Results and Market-Share Gains in Third Quarter

PLEASANTON, Calif.—The Cooper Companies Inc. (NYSE:COO) reported “solid results” for its third quarter that reflect “market-share gains” and improved profitability, president and chief executive officer Robert S. Weiss said in the financial announcement late Thursday. The company said revenue for the quarter ended July 31 increased 7 percent year-over-year to $556 million (at constant currency exchange). At the business-unit level, CooperVision (CVI) revenue rose 8 percent to $437.3 million (at constant exchange) and CooperSurgical (CSI) revenue increased 13 percent to $118.7 million, according to the announcement. “This was another solid quarter with market-share gains, improving profitability and strong cash generation,”…