Vision Expo East Honored with Trade Show Industry Gold Grand Award

Norwalk, CT (November 9, 2009) – International Vision Expo East was awarded national honors by the leading trade show industry publication at the recent Trade Show Executive Gold 100 Awards & Summit in Rancho Palos Verdes, Calif. Trade Show Executive (TSE) magazine honors the top 100 trade shows in the United States each year based […]

BioSyntrx Appoints Ellen Troyer to CEO

NASHVILLE, Tenn., Nov. 10 /PRNewswire/ — Biosyntrx, a research-based ophthalmic company providing nutritional supplement products that support optimal eye and body health to the eye-care profession and their patients, today announced that Ellen Troyer, of Colorado Springs, CO, has been promoted from Executive Vice President / Chief Research Officer to Chief Executive Officer/ “Ms. Troyer […]

Hoya Eyes $1 Billion To Boost Health Business

By Jason Clenfield and Norihiko Kosaka Oct. 27 (Bloomberg) — Hoya Corp., the Japanese lens maker that bought Pentax Corp. for about $1 billion, is prepared to make a similar-sized acquisition to expand its health-care unit. “We will do some M&As,” Chief Operating Officer Hiroshi Hamada said in an interview at the company’s Tokyo headquarters on […]

Essilor Third Quarter Report

CHARENTON-LE-PONT, France, October 22 /PRNewswire/ – Essilor International, the world leader in ophthalmic optics, today announced its consolidated revenue for the nine months ended September 30, 2009. 2009 Consolidated revenue EUR millions 2009 2008 % Change % Change Contribution (9 (9 (reported)* (like- from months) months) for-like) acquisitions Total 2,468.5 2,277.8 +8.4% -0.4% +5.9% Europe […]

Abbott Buys Visiogen For $400 Million

October 21, 2009 (FinancialWire) — Abbott (NYSE: ABT )has completed its acquisition of privately-held eye care company Visiogen for $400 million in cash. The company said that the acquisition would strengthen its vision care business with a next-generation accommodating intraocular lens technology to address presbyopia for cataract patients. Visiogen’s Synchrony accommodating IOL is an artificial […]

Alcon To Acquire Swiss BioTech Firm ESBATech AG

Alcon has entered into a definitive agreement to acquire ESBATech AG, a Swiss biotechnology company. Alcon will pay ESBATech shareholders $150 million in cash at closing, plus contingent payments of up to $439 million based upon the achievement of future research and development milestones that would be expected to create value for Alcon. ESBATech is […]

Eyeglass Frames Market Report-China

Source: Fashion Global Resources Demand from Asia, South America, the Middle East and Africa are compensating from declining sales in Western countries. Even though China export statistics for optical frames and reading glasses are showing strong performance, many suppliers are feeling the pinch of the slump in overseas demand. In 2009, the country shipped out 837 […]