Newly renamed Adelaide ophthalmic device manufacturer Nova Eye Medical has immediately delivered on a plan to expand its glaucoma portfolio, with the AU$921,000 acquisition of a New Zealand-developed drainage device platform. Read more
Independent optometry group achieves Canstar Blue ratings three-peat
For the third year in a row, Australian independent optometry group Eyecare Plus has outperformed its corporate competitors to top the Canstar Blue ratings. Read more
Smart contact lens developer earns major backing
Start-up Mojo Vision has raised more than US$51 million (AU$77 million) in new funding to accelerate the development of what it calls the world’s ‘first true smart contact lens’. Read more
Safilo and Max Mara part ways
Safilo has announced that it is severing ties with Italian fashion brand Max Mara in October, ending a partnership spanning almost 23 years. Read more
Opthea becomes ASX top 300 company
Melbourne biopharmaceutical company Opthea has announced its inclusion on the ASX 300, just days after its lead drug candidate met primary end points in the latest clinical trial for diabetic macular edema (DME). Read more
OA hails success of inaugural virtual conference
Optometry Australia (OA) has hinted at a follow-up to the inaugural Optometry Virtually Connected event after attracting 2,200 registered delegates to become one of the largest optometric clinical conferences and trade shows in the region. Read more
ACCC concludes investigation, clears Ellex-Lumibird deal
The Australian competition watchdog has cleared Ellex Medical Lasers’s $100 million sale of its laser and ultrasound business to Lumibird, with the transaction now expected to be completed as early as this week. Read more
Safilo acquires celebrity-label Privé Revaux; signs 10-year deal
Italian eyewear company Safilo Group is acquiring a majority stake in high-end fashion label Privé Revaux and has announced a new 10-year licensing agreement with French designer brand Isabel Marant. Read more
Missed appointments data brings COVID-19 impact into focus
The nation’s first glimpse into the impact of reduced optometry services due to the COVID-19 lockdown has been provided in new data from Specsavers, which saw patient attendance drop by as much as 91% during the two-month period. Read more
Luxottica secures license renewals for two Italian luxury brands
Luxottica Group has renewed its exclusive licensing agreements with Italian luxury fashion labels Dolce & Gabbana and Versace until the end of 2029. Read more