May 2016 Newsletter

May 24, 2016:

ASCRS Meeting Hampered by Mother’s Day, Graduation, Travel Issues

Attendance was down about 27 percent from the 2015 conference, and many surgeons may have left early.

May 24, 2016:

Promising New Vision-Correction Technique Moves to Next Stage

The femtosecond laser procedure is designed to change the refractive index of corneal tissue.

May 24, 2016:

Valeant CEO Papa Defines His Priorities for Firm

The newly appointed leader lauds Bausch + Lomb division in remarks at health care conference.

May 24, 2016:

Can Valeant Afford to Keep Promises to Senate Committee?

William Ackman, J. Michael Pearson, and Howard Schiller testified April 27 before the Senate Committee on Aging.

May 24, 2016:

Encore Vision’s Topical EV06 Meets Endpoints in Phase I/II Trial for Presbyopia

The eye drop is designed to soften the gradual stiffening of the crystalline lens.

May 24, 2016:

Avedro’s Corneal Crosslinking System Gains FDA Approval

The company began taking orders for the KXL System at the 2016 ASCRS meeting.

May 24, 2016:

J&J Drops Minimum Pricing for Contacts; B+L, CooperVision Committed to Policy

J&J’s decision removes a protection for eye care professionals who say they are being undercut by discount contact lens sellers such as 1-800 Contacts.

May 24, 2016:

Novartis Reports Decline in Alcon’s Q1-2016 Sales

This is the first quarterly report since Alcon’s major restructuring and Novartis’ restatement of 2015’s segment financials.

May 24, 2016:

Alcon, PowerVision Partner to Develop Accommodating IOLs

Alcon has the option to acquire the privately held Belmont, CA, company.

May 24, 2016:

2016 ASCRS Meeting: David Russell Brear, MD, Wins Tesla

Brear is a cataract surgeon at Commonwealth Eye Center in Culpeper, VA.

May 24, 2016:

2016 ASCRS Meeting: Interest in Newer EDOF IOLs Dominates PC-IOL Sessions

Abbott Medical Optics’ Symfony lens could gain US approval later in 2016.

May 24, 2016:

2016 ASCRS Meeting: Current, Future MIGS Devices are Main Focus of Glaucoma Program

Safer, easier-to-implant devices are enabling more cataract surgeons to treat glaucoma patients surgically.

May 24, 2016:

2016 ASCRS Meeting: FLCS Sees Modest Growth Despite Questions Over Clinical Value

Automated manual capsulotomy devices have attracted surgeons’ attention.

May 24, 2016:

2016 ASCRS Meeting: SMILE Procedure Takes Spotlight as Surgeons Anticipate FDA Approval

Presenters also provided updates on topo-guided LASIK, corneal inlays, and diagnostic devices for dry eye.

May 24, 2016:

2016 OIS@ASCRS Draws Record Attendance of More than 500

Organizers announced a new retina-focused summit, set for Aug. 8 in advance of the ASRS meeting.

May 24, 2016:

Market Report: Fundus Imaging Market to Generate $865 Million in 2016

Market leader Heidelberg accounts for an estimated 24 percent of revenues in the segment.

May 24, 2016:

Market Report: Photocoagulation, SLT, YAG Lasers Still Play Important Role in Market

Global revenues for ophthalmic lasers are expected to total $421 million in 2016.

May 24, 2016:

Melgen Lawyers Argue that Dose-Splitting Lucentis Vials is Not Illegal

They told a US district judge that use of excess content in single-use vials is common throughout medicine.

May 24, 2016:

Imprimis’ Q1-2016 Revenues Up 180 Percent

The company also launched its conscious sedation formulation for ocular procedures.

May 24, 2016:

Abbott Opens $60M IOL Manufacturing Plant in Malaysia, Reports Increase in Sales for Q1-2016

The facility eventually will have the capacity to make more than 4 million lenses a year.

May 24, 2016:

CATT Five-Year Results Confirm Benefits, Limits of Lucentis, Avastin

Fifty percent of patients with wet AMD had visual acuity (VA) of 20/40 or better at the five-year mark.

May 24, 2016:

US Judge Sides with House GOP against ACA

US District Judge Rosemary Collyer ruled that it is unconstitutional for the Obama administration to spend funds Congress did not appropriate.

May 24, 2016:

May 2016 News Briefs

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