Analysts called a recent corner office switch at Staar Surgical (Nasdaq:STAA) a “curve ball,” leaving them with questions about the company. Last week, Staar announced the retirement of CEO Caren Mason, who held the role since 2015. The company named its current board chair Thomas Frinzi as her replacement. Lake Forest, California–based Staar is the […]
Optical/Ophthalmic
Eyenovia unveils digital ocular drug delivery device
Eyenovia (Nasdaq:EYEN) announced today that it is developing a microdosing system to facilitate the digital delivery of eye medications. New York-based Eyenovia develops a pipeline of late-stage microdose array print (MAP) therapeutics. It aims for this system to improve the overall patient experience and streamline practice flow. Get the full story at our sister site, […]
Staar Surgical CEO Caren Mason retires, replacement named
Staar Surgical (Nasdaq:STAA) announced today that President and CEO Caren Mason intends to retire at the end of the year. Mason plans to retire on Dec. 31, 2022 from Staar, a creator of implantable lenses for the eye and companion delivery systems. Staar Surgical’s board appointed ophthalmic industry executive Thomas G. Frinzi — a veteran […]
Alcon stock rises on Q3 EPS beat
Alcon (NYSE:ALC) shares ticked up this morning on third-quarter results that came in ahead of the consensus earnings forecast. Shares of ALC were up more than 4% at $66.47 apiece by early afternoon trading today. MassDevice’s MedTech 100 Index — which includes stocks of the world’s largest medical device companies — was up more than […]
Ocular Therapeutix sinks on missed Q3 earnings
Ocular Therapeutix (NSDQ:OCUL) this week posted third-quarter results that missed the overall consensus on Wall Street. The Bedford, Massachusetts-based company reported net losses of $24.2 million, or -31¢ per share, on sales of $11.97 million for the three months ended Sept. 30, for a bottom-line loss over Q3 2021 when it reported $2.65 million in […]
Glaukos beats The Street in Q3
Glaukos (NYSE:GKOS) shares hardly shifted on third-quarter results that came in ahead of the consensus forecast. The Aliso Viejo, California-based ophthalmic implant maker posted losses of $27.6 million in the quarter. That amounts to 58¢ per share on sales of $71.3 million for the three months ended Sept. 30, 2022. Get the full story at […]
Staar Surgical dips on Street-beating Q3, tightened guidance
Staar Surgical (Nasdaq:STAA) shares took a hit after hours on third-quarter results that came in ahead of the consensus forecast. Shares of STAA dipped 4.4% at $67.50 apiece after the market closed today. MassDevice’s MedTech 100 Index — which includes stocks of the world’s largest medical device companies — finished the day down 0.3%. The […]
Johnson & Johnson Vision launches overnight, intraocular lenses
Johnson & Johnson Vision announced today that it launched an expanded range of Acuvue Abiliti overnight lenses, as well as a new intraocular lens. The FDA approved an expanded range of the Acuvue Abiliti overnight therapeutic lenses for myopia (nearsightedness) management. The approval covers lenses up to six diopters, widening the range from the previously approved […]
5 top ophthalmic device innovations you need to know
Innovation finds its way into all areas of medtech, and ophthalmic treatments represent another burgeoning space. It may not be a new wave, but medtech companies continue to improve upon technologies for the human eye. Implants, lenses and more comprise the space’s latest innovations, with a number of companies finding new ways to fix old […]
Report: J&J Vision spending €100 million to expand Irish facility
J&J Vision reportedly plans to invest €100m in the expansion of its Plassey, Limerick, Ireland facility. The Irish Examiner reported last week that the company plans to expand and create 80 new jobs at the location. In March, the company announced a €35 million investment in the same facility. That cash infusion aimed to create […]
Johnson & Johnson Vision launches new contact lenses
Johnson & Johnson Vision announced today that it launched its new Acuvue Oasys Max 1-day contact lenses and multifocal lenses for presbyopia. The lenses feature Johnson & Johnson’s TearStable technology for tear-film stability and locking in moisture. They also offer the OptiBlue light filter for filtering blue-violet to reduce light scatter for visual clarity. Johnson […]