vision

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…


Warby Parker to Accept Vision Insurance in 2018 Via New Arrangement With UnitedHealthcare Vision

MINNETONKA, Minn.—People enrolled in UnitedHealthcare employer-sponsored and individual vision plans can access Warby Parker’s designer prescription eyewear, online or at any of the more than 50 stores nationwide, beginning in 2018. This marks the first time Warby Parker is accepting vision insurance and will enable millions of people to purchase prescription eyewear for only their copay. “Warby Parker is constantly exploring new ways to provide people access to affordable, high-quality and fashionable eyewear,” said Dave Gilboa, co-founder and co-CEO of Warby Parker. “We look forward to working with UnitedHealthcare, nationwide, to enable millions of Americans to purchase their eyewear at…


Independent CL Distributor Allied Vision Acquired by Private Equity Group

Harvey Berkowitz.​ FORT LAUDERDALE, Fla.—Hammond, Kennedy, Whitney Company Inc. (HKW), a private equity firm with offices in Indianapolis and New York, has acquired Allied Vision Group, an independent distributor of contact lenses, optical products and pet medications, according to a joint announcement earlier this week. The transaction enables Allied Vision, which is based here, to “transition its ownership to a new generation of leaders and to fund its growth,” according to the announcement. Financial terms of the deal were not reported. Allied Vision was co-founded in 1989 by Bob Tardell and Jules Saland and is one of the largest independent…


Johnson & Johnson Vision Completes Acquisition of Device Manufacturer TearScience

SANTA ANA, Calif.—Johnson Johnson Vision has completed its previously announced acquisition of TearScience Inc., a medical device manufacturer that focuses on evaluating meibomian gland health and treating Meibomian Gland Dysfunction (MGD), the leading cause of dry eye disease. In an announcement earlier this week, JJ Vision said the transaction represents another step in its strategy to become “a broad-based, global leader in eye health and further expands the company’s leading eye health portfolio.” In addition, JJ Vision noted that the acquisition marks its expansion into dry eye medical device technology and provides “a complementary eye health solution to address an…


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…