Upon completion of Valeant’s $8.7 billion buyout of Bausch + Lomb, the new organizational design is expected to reduce the workforce by 10% to 15% across the newly combined company, according to a letter to workers from Valeant CEO J. Michael Pearson. The letter was also filed with the U.S. Securities and Exchange Commission.Worldwide, Bausch + Lomb employs approximately 11,000 people, while Valeant employs approximately 7,500, according to their respective websites.
Vanderbilt University Medical Center has been chosen as one of 12 sites in the United States to offer the first FDA-approved bionic eye for the treatment of retinitis pigmentosa (RP).
(MedPage Today) — Treatment of neuromyelitis optica with a personalized regimen of rituximab (Rituxan) was effective in long-term disease suppression, a retrospective Korean study found.
Medical device manufacturers recently surpassed $1 billion in payments to the Internal Revenue Service for the medical device excise tax, which went into effect on Jan. 1, according to a joint announcement from the Medical Imaging & Technology Alliance, Advanced Medical Technology Association and Medical Device Manufacturers Association. “The $1 billion threshold is frightening as every dollar spent paying for this medical device tax threatens medical innovation and American jobs,” Gail Rodriguez, executive director of the Medical Imaging & Technology Alliance (MITA), stated in a press release. “MITA is pleased (Read more...)
Smart contact lenses are no longer science fiction. In the last few years we have covered several smart contact lenses with different purposes. One of these electronic contact lenses is the Sensimed Triggerfish, a device capable of continuous measurement of the intra-ocular pressure (IOP). It is the first of its kind, since current measurement (Read more...)
Spectral-domain optical coherence tomography was useful for detecting progression in glaucomatous eyes through the serial measurement of parameters in circumpapillary retinal nerve fiber layer, macula and optic nerve head, according to a study.The long…