News & Reviews

European Optics Market Records Over €17 Billion in 2016

Information contained on this page is provided by an independent third-party content provider. Frankly and this Site make no warranties or representations in connection therewith. If you are affiliated with this page and would like it removed please contact pressreleases@franklyinc.comSOURCE GfKMILAN, March 7, 2017 /PRNewswire/ --GfK's sales tracking of fourkey Europeanretailoptics markets (Italy, France, Spain and Germany),shows a turnover of €17.6 billion for total year 2016. This is a...

Can Wearing Contact Lenses Cause Blindness After So Long?

Remember in the 1980’s when ditching those oversized glasses for contact lenses seemed like the coolest thing ever? Kids everywhere no longer had to deal with eyeglasses that they felt made them look “nerdy”, and for a relatively affordable price, you could toss in a tiny, comfortable lens into your eye, and off you go seeing perfectly! Fast forward some 30 plus years, and millions of vision patients are still wearing contacts today, and happily doing so. While the lenses may be much more...

Contact lenses for 7-year-olds in the sights of Visioneering's $33m ASX IPO

A huge increase in short-sightedness among children has bolstered the business case for Visioneering, a US maker of multifocal contact lenses that listed on the ASX on Tuesday, raising $33 million at an $88 million market capitalisation.The Georgia-based company had its NaturalVue multifocal contact lenses approved by the Food & Drug Administration in 2015 and made $US216,000 sales in calendar 2016 to optometrists addressing two markets: over-40s sufferers of presbyopia, which is a loss...