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NEWS NOW!

Sudden death of Brien Holden

Wednesday, July 29, 2015


Professor Brien Holden, head of the eponymous Brien Holden Vision Institute, died suddenly on 27 July, aged 73 years.
His contributions extend across research, education, public health and social enterprise, however his ambitious claim in 2003 that myopia would be “cured within three years” has not come to fruition.
He was awarded: an Order of Australia Medal for his work in eye health and vision science; the Schwab Social Entrepreneur Award for Africa 2010 at the regional World Economic Forum; and seven honorary doctorates from universities Africa, Australia, Canada, Europe and the US.
His contributions have been acknowledged through other national and international awards and honours, such as in 2010 the renaming of the Institute for Eye Research to the BHVI. ...read more

New study finds natural compound can clear up cataracts

Wednesday, July 29, 2015

New study results published in the July issue of Nature indicate that scientists at the University of California, San Diego have developed a treatment that’s shown to shrink and even dissolve cataracts, the leading cause of human blindness worldwide. Ophthalmologists at the say they’ve developed a new drug in eye-drop form that may make surgery for cataracts a thing of the past. ...read more

Vision Eye Institute rejects hostile $162 million takeover bid

Wednesday, July 29, 2015

Listed private hospital operator Pulse Health Limited on 7 July made an unsolicited, hostile bid for listed 19 ophthalmology practices company Vision Eye Institute Limited in an all-scrip deal that values the company at $162.2 million. Pulse, which has a market value of $92 million has offered 1.6 of its shares for every 1 of Vision’s.
However Vision has rejected the hostile bid on the grounds that it is all scrip and does not include any cash, which, Vision says, indicates Pulse’s inability to fund a cash bid and its high gearing ratio following recent acquisitions, whereas Vision has low gearing with net debt of less than $10 million. ...read more

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