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The Cooper Companies Reports Double-Digit Sales Increase for its First Quarter

PLEASANTON, Calif.—The Cooper Companies Inc., (NYSE:COO) a leading vision care company, reported late last week that first-quarter revenue increased 18 percent to $590 million, with sales in the CooperVision (CVI) unit climbing 14 percent to $444.8 million and sales in the CooperSurgical (CSI) business increasing 32 percent to $145.2 million in the quarter ended Jan. 31, 2018. The company wide sales increase totaled 4 percent on a pro forma basis (defined as constant currency and including acqui...

FTC Hearing Draws Range of Opinions Around its Plan to Revise Contact Lens Rule

WASHINGTON, D.C.—About two dozen speakers, many bringing data, anecdotal evidence and/or alternate ideas, expressed a wide range of views on the contact lens prescription and dispensing process, as well as proposed changes to the current Contact Lens Rule, at a public hearing Wednesday at the Federal Trade Commission. The daylong public workshop was called by the FTC as a way to gather input and to review the state of the contact lens marketplace. The agency is in the midst of considering making...

Portland Timbers, a Major League Soccer Team, Partners With Sightbox

PORTLAND, Ore.—The Portland Timbers of Major League Soccer have launched a multi-year, multifaceted partnership with Sightbox, an online, membership-based subscription service for contact lens wearers in the United States, according to a recent announcement. Johnson & Johnson Vision acquired Sightbox in September 2017, as VMAILreported. Under the terms of the deal, Sightbox will be the franchise’s official vision care partner, and will hold exclusive logo rights for all of the team’s training ap...

FTC Workshop Set to Review Contact Lens Marketplace and Proposed Changes to Contact Lens Rule

WASHINGTON, D.C.—The Federal Trade Commission has invited a cross-section of executives working in the contact lens sector to participate in Wednesday’s (March 7) public workshop that is designed to review the contact lens marketplace and the proposed changes to the agency’s Contact Lens Rule, as VMAIL reported earlier this year. Registration for non-speakers at the workshop is scheduled to begin at 7:45 a.m. Wednesday at the FTC’s Constitution Center building, 400 7th St., SW, Washington, D.C. ...

Rev360 Names Bill Kastein as Senior VP of Services and Products

MADISON, Wis.—Rev360, an eyecare software and business services company, has named Bill Kastein as senior vice president of services and products, according to an announcement. Kastein joins Rev360, which delivers RevolutionEHR and a suite of ECP business services to RevolutionEHR users, with nearly 25 years of experience in the eyecare business. Most recently, he held leadership positions with Bausch + Lomb and Johnson & Johnson Vision. “I am really looking forward to helping doctors meet the d...

Opternative Partners With

CHICAGO—Opternative announced that it has partnered with online retailer to provide access to prescription renewal technology on the company’s website. customers will now be able to take a vision test and renew their expired contact lens prescription online. “This is an exciting time at Opternative as we continue to expand access to low cost, accurate and safe contact lens prescription renewals,” said Brent Rasmussen, CEO, Opternative. “We are very happy to add Lens...

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