FOLLOW US ON... FEEDBACK

Home >> Industry News >> All The News
frontview no frame frontview vmo3D sideview no frame sideview vmo3D
News
  • Also available via:


Marcolin reports growth in profit and revenue PDF
Submit Your News
Companies
Friday, 08 August 2008
Marcolin recently reported a growth in profit and revenue vs. the first half of 2007 (+7.7% at constant exchange rates).

Consolidated revenue for the first six months of the year amounted to €107.7 million, posting an increase of €3.8 million vs. the same period in 2007. This 3.6% increase (+7.7% at constant rates) was achieved thanks to the good performance of all the lines in the portfolio.

The Group successfully consolidated its presence on the market, especially in the luxury segment, demonstrating a unique ability to develop a high fashion and high quality product. Sunglasses and vision eyewear reported sales of €103.1 million, bettering the €97.7 million earned at 30 June 2007 and posting an increase of 5.6% on an exchange-adjusted basis.

As regards the foreseeable evolution of operations for the rest of the year, the Group expects a considerable increase in profits in 2008 compared with a year earlier despite the mood of uncertainty on the international markets, and therefore a strong return to profitability.
 
Improved revenue and net income for AMO in Q2 PDF
Submit Your News
Companies
Friday, 08 August 2008
AMO's second-quarter net sales rose 22.6% to $320.5 million, including a 7.2% increase related to foreign currency exchange rate effects. Second-quarter net earnings under Generally Accepted Accounting Principles (GAAP) were $22.0 million, or $0.35 per diluted share, compared to a net loss of $166.8 million, or a loss of $2.78 per share in the same period last year. Second-quarter 2008 results included the following pre-tax items, which combined to increase net earnings per diluted share by an estimated $0.11.

"AMO's second-quarter results showed the strength and resiliency of our global business, despite the declines in domestic refractive volumes brought on by the weakening U.S. economy," said Jim Mazzo, AMO chairman and chief executive officer. "The value and benefit of expanding our refractive business internationally came into focus as strong refractive sales outside the U.S. helped to partially offset domestic challenges. Our cataract business took advantage of powerful new technologies and delivered solid performance domestically and internationally. And, we continued to improve the sales and profitability of our eye care franchise."
 
Time Spent Outdoors Impacts Nearsightedness in Children PDF
Submit Your News
Ophthalmology and Optometry
Friday, 08 August 2008
A growing number of the world’s children are mildly to severely nearsighted (myopic), with rates especially high among urbanized East Asians. In addition to coping with poor distance vision, children with severe myopia are more prone to visual impairment and blindness later in life. Although genetic inheritance plays a role, the rapid rise of myopia suggests that environmental factors are driving the trend. Myopia usually begins and progresses during children’s school years, but research on the role of intensive reading or other “near work” has determined that this is a minor factor. A new study led by Kathryn A. Rose, MD, used data from the Sydney Myopia Study of more than 4,000 Australian school children to assess whether outdoor activity might be significant in controlling myopia.

Parents and their children, at age 6 or 12, reported on the children’s daily activities, which were classified as indoor or outdoor, and as near, medium or distance. Myopic refractive error, if any, was diagnosed for parents and children, and the children’s ethnicity was recorded. A key finding was that the lowest myopia rates in 12-year-olds were associated with high outdoor activity, independent of the level of near work activity. In 12-year-old students myopia was most strongly associated with high levels of near work and low levels of outdoor activity. The findings suggest that it is the time spent outdoors rather than engagement in sports that is critical; the association between increased outdoor hours and lower myopia was found even if an outdoor sport was not included, while time spent on indoor sports, such as playing basketball in a gym, had no effect.

The researchers think the intensity of outdoor light may be an important factor. Myopic eyes are longer, measured front-to-back, than normal eyes; in response to intense light, the retina releases dopamine, a neurotransmitter that inhibits eye growth and may thus influence the development of myopia. Also, the pupils of the eyes constrict in intense outdoor light, which increases the visual depth of field, the distance at which objects can be clearly seen. The researchers recommend further study to prove conclusively whether certain levels of time spent outdoors can control myopia and to define the mechanisms involved. The higher exposure to intense outdoor light may explain the lower prevalence of myopia in children in Australia, compared with ethnically matched peers in other countries, Dr. Rose says. She adds that “this protective effect suggests that a public health measure aimed at preventing development of myopia could be based on increasing the engagement of children in outdoor activity,” including family and school activities and sports.
 
Study finds light sensor in eyes control body's internal clock PDF
Submit Your News
Ophthalmology and Optometry
Thursday, 07 August 2008
Scientists have discovered the function of a third type of light sensor in the eye, related not to vision, but to control of the body's internal clock.

The investigators believe the discovery may offer a new pathway for potential treatments of light-related mood and sleep disorders. The sensors, found in two percent of retinal cells, are dedicated to detecting the presence and intensity of light through the use of a light-sensitive molecule called melanopsin, according to the report of the study results in the journal PLoS ONE.

Nocturnal mice in the study that did not have the sensor were unable to reset their internal biological clocks and thus woke up one-half hour earlier every evening, without adjusting to a 24-hour day. Project leader Satchin Panda of the Regulatory Biology Laboratory at the Salk Institute for Biological Studies in La Jolla, CA, said that searches of the recently sequenced mouse and human genomes revealed that both contained an extra light sensor gene.

The researchers narrowed the sensor's location to a small number of retinal cells and genetically engineered mice with sensor cells sensitive to a particular toxin. When the mice were exposed to the toxin, only the cells containing melanopsin died. The animals could still see normally and retained depth perception, but they became unable to discern and respond to light intensity.

The results confirm those of a separate study reported earlier this year in the journal Nature.
 
Allergan Receives U.S. FDA Approval for TRIVARIS PDF
Submit Your News
Product News
Thursday, 07 August 2008
The U.S. Food and Drug Administration (FDA) has recently approved TRIVARIS (triamcinolone acetonide injectable suspension) 80 mg/mL, a synthetic glucocorticoid corticosteroid with anti-inflammatory action. Delivered via intravitreal injection, the ophthalmic indications for TRIVARIS include sympathetic ophthalmia, temporal arteritis, uveitis, and ocular inflammatory conditions unresponsive to topical corticosteroids. These are inflammatory conditions that can result in vision loss.

"Retinal diseases are currently the leading cause of blindness in developed countries and represent a significant unmet need in eye care," said Scott Whitcup, M.D., Allergan's Executive Vice President, Research and Development.

"TRIVARISâ„¢ marks the first approval for Allergan resulting from our strategic focus on the development of therapies for back-of-the-eye diseases, and we remain committed to bringing forth innovative new treatments for patients suffering from retinal diseases."
 
<< Start < Prev 221 222 223 224 225 226 227 228 229 230 Next > End >>

Page 224 of 286