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Fenofibrate Reduces Diabetic Retinopathy Risk by 27%
In a groundbreaking development for diabetes management, the LENS trial has revealed that fenofibrate, a medication typically used to lower cholesterol, can significantly reduce the risk of diabetic retinopathy progression by 27%. These findings were presented at the American Diabetes…
Mediwhale Secures $12M for AI Retina Diagnostics
Mediwhale, an AI-driven diagnostics company, has successfully raised $12 million in Series A2 funding to further develop its retina scanning technology aimed at diagnosing cardiovascular and metabolic diseases. This round was led by the Korea Development Bank, with contributions from…
Black Pearl Acquires Maker of Contact Lenses – PolyDev
Black Pearl Vision, the world’s only Black-owned and woman-owned contact lens manufacturer, has recently completed the acquisition of PolyDev, an Ireland-based manufacturer specializing in color contact lenses. Strategic Expansion into Color Contact Lenses This strategic move has allowed Black Pearl…
Pine Pharmaceuticals Announces Recalls, Including Avastin
In response to a recent inspection by the U.S. FDA, Pine Pharmaceuticals has issued two voluntary recalls, including repackaged Avastin and other ocular use products. The company emphasizes that there have been no reported adverse events associated with the impacted…
World’s First Corneal Esthesiometer Approved by the FDA
Brill Engines, a subsidiary of Brill Pharma, specializing in pioneering medical solutions for ophthalmology, announced the FDA approval of its groundbreaking medical device, the Corneal Esthesiometer Brill (CEB). This approval marks a significant milestone in the field of ophthalmology, as…
AAOF & Meta Launch $1.5M Myopia Open-Science Initiative
The American Academy of Optometry Foundation (AAOF), in partnership with Meta Reality Labs, has launched a $1.5 million open-science research initiative to study the relationship between visual experience and the progression of myopia. This initiative will support three independent studies…
Challenges Ophthalmologists Face | OBN
We recently conducted a survey on LinkedIn to ask ophthalmologists about the largest problem they face in their field. A total of 153 people participated in the poll, and the results revealed some interesting insights. The top issue identified by…
Best 10 Mobile Apps for Eye Health
According to recent studies, 4.5 billion people worldwide suffer from some form of visual impairment. Fortunately, technology has come a long way in helping people manage and improve their eye health. From monitoring vision changes to providing personalized exercises and…
FDA Warns Regener-Eyes Over Unapproved Amniotic Eye Drops
The FDA has issued a warning letter to the Regenerative Processing Plant, manufacturer of Regener-Eyes Pro and Lite eye drops, for marketing unapproved products claiming to treat dry eyes. These products, which contain amniotic fluid, raise significant safety concerns. The…
MCG Secures $1.5M Grant for New Diabetic Retinopathy Therapy
Researchers at the Medical College of Georgia (MCG) at Augusta University have been awarded a $1.5 million grant from the National Eye Institute to develop a new treatment for diabetic retinopathy, a leading cause of blindness. Diabetic retinopathy results from…