Latest Industry News & Trends
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Digital News
Topcon Weighing Takeover Bids from Private Equity Firms, Bloomberg Reports
Topcon is considering takeover bids from suitors, including the private equity firms KKR & Co. and EQT AB, according to a report Dec. 10 from financial news outlet Bloomberg. The Tokyo-based ophtha...
AI Discussions Surge at Eye Meetings with Aim to Allay Fears, Seek Use Cases
The explosive growth of artificial intelligence has generated both fear and excitement among many in the ophthalmic industry. As technology progresses, so do the conversations at major meetings, wi...
Orasis Leads Latest Ophthalmic Deals with $78 Million Financing
Orasis Pharmaceuticals led recent ophthalmic fundraising efforts with $78 million in Series D and structured capital to support the launch of Qlosi drops for presbyopia. Financing announced in the ...
Digital Enhancements Reshape $3.7 Billion Ophthalmic Diagnostic Equipment Market
Ongoing investments in digital products designed to enhance ophthalmic diagnostic equipment and associated outputs are signaling a shift away from the fast-paced equipment releases of the early 200...
Eyenuk Appoints Bryan Haardt as Chief Executive Officer
Digital health care company Eyenuk, of Los Angeles, California, announced July 18 that it had appointed Bryan Haardt as chief executive officer. Paul Praino, who had been serving as Eyenuk’s interi...
Select US FDA Approvals and Clearances in March 2024
The US FDA granted three clearances through the ophthalmic device division using the 510(k) pathway in March 2024, according to the agency’s database. Cylite received clearance for its HP-OCT. The ...
Digital Solutions are Underlying Theme at 2024 ASCRS Meeting
The ASCRS conference was a hub of diagnostic innovation and collaboration, despite the absence of a designated “Digital Day,” as provided at the 2023 meeting. Discussions on the integration of digi...
Beyeonics Vision Appoints A. Burton Tripathi, PhD, as CEO
Israel’s Beyeonics Vision announced March 28 that it had appointed A. Burton Tripathi, PhD, as its new chief executive officer. Tripathi was formerly CEO of TrueVision 3D Surgical. After Alcon acqu...
Genentech, Nvidia Combine AI Expertise to Accelerate Drug Development
Genentech and Nvidia reported Nov. 21 that the two companies had formed a multi-year strategic research collaboration to accelerate Genentech’s proprietary algorithms and speed drug development. Ge...
Buzzworthy Topics at the 2023 AAO Meeting
Dry Eye: New products kept generating buzz around dry eye. Bausch + Lomb leaned into the promotion of Miebo, the new, first-in-class drug therapy that directly targets tear evaporation. Diagnostic ...
Eyecelerator at AAO Showcases Innovators and Awards $45 Thousand in Prize Money
Eyecelerator awarded a total of $45 thousand in prize money to winning pitch challengers at its fall meeting, after emerging companies got a chance to work with accomplished industry veterans to re...
Diagnostic Leaders Showcase Devices, Collaborations at AAO Meeting
Notable diagnostic innovations showcased at the 2023 meeting of the American Academy of Ophthalmology were Topcon’s Tempo perimeter and Heidelberg Engineering’s Anterion anterior OCT platform. Also...
Eye Surgeons Prioritize Device and Data Needs for Companies at 2023 ESCRS iNovation Day
Ophthalmologists told companies at the second annual ESCRS iNovation Day that they were looking for integrated devices and easy access to data at an affordable price. The forum, held Sept. 8 in Vie...
Baxter Launches Digital Image Capture Capability for PanOptic Plus Ophthalmoscope
Health care company Baxter International announced Oct. 16 the launch of digital image capture capability for eye exams using its Welch Allyn PanOptic Plus ophthalmoscope. The iExaminer Pro System ...
Joseph C. Papa Joins Beyeonics Surgical as Chairman of the Board
Israel’s Beyeonics announced Oct. 4 that ophthalmic industry veteran Joseph C. Papa had joined the company as chairman of the board of Beyeonics Surgical and board member of Beyeonics Vision. Papa ...
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