Ellex Medical Lasers has set a new mid-January deadline to complete its ongoing negotiations with a major European group over the sale of its lasers and ultrasound business. Read more
Alcon announces plan for ‘multi-year transformation program’
Alongside its third quarter results for 2019, Alcon has announced a multi-year transformation program to invest in strategic growth initiatives. Read more
Ellex in negotiations to offload lasers and ultrasound
Ellex Medical Lasers is in talks to sell the largest component of its three-pronged business, which accounts for as much as 80% of total revenue. Read more
Uncertainty over common optical business structure after tax ruling
Optometry practices are being urged to review their payroll tax obligations and business structures following a court ruling that could put some healthcare businesses in breach of tax laws. Read more
Australian biotech raises an additional $50 million for AMD drug
Melbourne-based biotech company Opthea has announced it has secured commitments from both Australian and international investors for an additional $50 million to put towards the development of its treatment for neovascular age-related macular degeneration (AMD). Read more
Hoya secures ‘VIP status’ for Australian border checks
Australian border officials have granted Hoya Lens Australia a special status that will reduce red tape and smooth the supply of its products into and out of the country. Read more
CooperVision’s MiSight receives FDA approval, to launch in 2020
CooperVision has received clearance from the US Food and Drug Administration (FDA) for its MiSight 1 Day Contact Lens for Childhood Myopia. Read more
ODMA unveils latest board appointees for upcoming term
Essilor’s new Australasian head Mr Pierre Longerna has joined the Optical Distributors and Manufacturers Association (ODMA) as a director, while Mr Robert Sparkes returns for a third term as chairman. Read more
Internationally recognised optometrist joins George & Matilda
Gerry & Johnson Optometrists, owned and operated by renowned Australian clinical optometrist and researcher Dr Kate Gifford, is the latest high-profile practice to join George & Matilda Eyecare (GME). Read more
Zeiss gifts ‘gold standard’ optical biometry device to Indigenous eye clinic
Carl Zeiss Meditec has donated its latest generation optical biometry device to the Indigenous Diabetes Eyes and Screening (IDEAS) Van. Read more