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AGTC posts $5.2 million quarterly loss

Applied Genetic Technologies Corporation reported a net loss of $5.2 million in the quarter ended Dec. 31, 2017, compared with a net income of $1.8 million in the same quarter of 2016, according to a press release.The company had total revenue of $4.9 million in the quarter compared with $10.9 million the previous year.Quarterly research and development costs increased from $6 million in 2016 to $7.7 million in 2017, which was partially attributed to increased spending on the company’s clinical ...


Allergan exercises third option for Molecule Partners’ DARPin products

Allergan has exercised a third option to develop and commercialize DARPin product candidates from Molecular Partners and will receive an exclusive license for select multi-DARPin candidates in ophthalmology, according to a Molecular Partners press release.DARPin products, a class of protein therapeutics, include the long-acting mono-DARPin abicipar, a drug candidate that inhibits VEGF-A and is currently under investigation for the treatment of wet age-related macular degeneration and diabetic ma...


Interprofessional CE group includes ODs, PAs in programs

The Joint Accreditation for Interprofessional Continuing Education announced a new collaboration with the Association of Regulatory Boards of Optometry’s Council on Optometric Practitioner Education and the American Academy of PAs.As a result of this change, organizations that are part of the Joint Accreditation for Interprofessional Continuing Education (JAICE) have the option to include physician’s assistants (PAs) and optometrists in their education programs without needing to attain separate...


VIDEO: Preoperative evaluation of ocular surface crucial

BELGRADE, Serbia — At the European Society of Cataract and Refractive Surgeons winter meeting, José Güell, MD, speaks about the importance of careful evaluation and treatment of the ocular surface before cataract and refractive procedures....


Kentucky bill to protect consumers in online eye care heads to Senate

House Bill 191, ensures that the use of technology for eye care would provide reasonable standards and consumer protections, has passed the Kentucky House of Representatives by a vote of 90-7.The state currently has no standards that address online technology for glasses and contacts, according to a press release from the Kentucky Optometric Association (KOA).Bill sponsor Rep. Jim Gooch said the legislation, “an act relating to consumer protection in eye care,” allows online eye care in Kentucky...


Companies gradually converting to hydrophobic lenses, expert says

BELGRADE, Serbia — Due to the relatively high rates of posterior capsule opacification reported with hydrophilic acrylic IOLs, companies are gradually converting to hydrophobic IOLs.“This is an impression of many of us through many years that hydrophobic as a material has certainly much less PCO. It does not matter whether you put a sharp edge on a hydrophilic, it is never going to be as good as a sharp edge on a hydrophobic. The disadvantage of hydrophobic IOLs is that they are more likely to c...