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Luxottica’s Australia chief leaving

Monday, February 23, 2015


The president of Luxottica Asia-Pacific (which includes Australia), Mr Chris Beer, has resigned from the company after 31 years as a staff member.
Announcing his departure of the company, which will be in six to eight weeks’ time, Mr Beer said the reason for his leaving is quite simple “for the last couple of years, I have been focusing on ensuring we have great succession and I’ve said many time there will come a point in time when it’s appropriate to hand over the reins”.
A successor to Mr Beer has not been announced. ...read more

Stem cells from pulled teeth might yield a cure for blindness

Monday, February 23, 2015

Recent research aimed at finding a treatment for a common form of blindness – corneal blindness – could give new meaning to the term ‘eye teeth’.
In a study in mice just published, researchers at the University of Pittsburgh show how stem cells harvested from teeth extracted during routine dental procedures can potentially be used to restore sight in those suffering from corneal blindness.
Corneal blindness afflicts millions of individuals worldwide. It occurs when the cornea becomes scarred and cloudy and light cannot penetrate the eye to reach the light-sensitive retina.  ...read more

Lenses drive Hoya’s 3Q profit

Monday, February 23, 2015

Japan’s Hoya Corporation reported that during the third quarter ended 31 December 2014, revenues increased 16% to 128,206 million yen, and profit before tax increased 22.9% to 36,240 million yen compared with the same quarter last year. Profit for the quarter was up 30.8% to 29,142 million yen, according to Hoya.
In Hoya’s Life Care segment, sales of eyeglass and contact lens accounted for 10,189 million yen in revenue, a 21.2% increase over year ago. Revenue from sales of intraocular lenses and other medical products totaled 1,628 million yen, up 8.2% from year ago.  ...read more

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