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Acquisition of 700-Store Visionworks Chain Completed

Visionworks operates in nearly 40 states.

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RANCHO CORDOVA, CA – VSP Global announced that it has completed the acquisition of San Antonio, TX-based Visionworks.

“With the close of this acquisition, we can provide more value to our clients and members and respond to their expectations for a substantial, consistent, and sustainable retail eye care experience, underscored by the professional care of VSP network doctors,” said Michael Guyette, president and CEO of VSP Global. “The addition of Visionworks marks a major milestone in VSP Global’s 65-year history, supporting our mission of helping people see and keeping us well-positioned to better compete and grow membership in a changing marketplace.”

Pete Bridgman, president of Visionworks, will report to Guyette effective immediately. Visionworks will continue to operate independently while VSP Global assesses business integration opportunities in the months ahead.

With more than 700 stores in nearly 40 states, the acquisition marks the largest network investment by VSP Global.

Plans for the acquisition were announced in June. Financial terms of the deal were not disclosed.

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Alcon’s Pataday Eye Allergy Meds Get FDA Nod for Nonprescription Use

They’ll no longer be sold as prescription drugs.

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The U.S. Food and Drug Administration has approved two Alcon eye allergy products for over-the-counter use through a process called a “prescription (Rx)-to-OTC switch.”

The FDA gave the OK to these medications for nonprescription use:

  • Pataday Twice Daily Relief (olopatadine HCl ophthalmic solution/drops, 0.1%) for the temporary relief of itchy and red eyes due to pollen, ragweed, grass, animal hair or dander.
  • Pataday Once Daily Relief (olopatadine HCl ophthalmic solution/drops, 0.2%) for the temporary relief of itchy eyes due to pollen, ragweed, grass, animal hair or dander.

“As a result of the Rx-to-OTC switch process, many products sold over-the-counter today use ingredients or dosage strengths that were available only by prescription 30 years ago,” said Karen Mahoney, MD, acting deputy director of the Office of Nonprescription Drugs in the FDA’s Center for Drug Evaluation and Research. “Approval of a wider range of nonprescription drugs has the potential to improve public health by increasing the types of drugs consumers can access and use that would otherwise only be available by prescription. This includes providing the millions of people that suffer with joint pain from arthritis daily over-the-counter access to another non-opioid treatment option.”

For a drug to switch to nonprescription status, the data provided must demonstrate that the drug is safe and effective for use in self-medication as directed in proposed labeling. The manufacturer must show that consumers can understand how to use the drug safely and effectively without the supervision of a healthcare professional.

Pataday Twice Daily Relief was first approved by the FDA in 1996 under the name Patanol as a prescription drug and was indicated for the treatment of the signs and symptoms of allergic conjunctivitis (referring to ocular redness and itching due to allergies). Pataday – now Pataday Once Daily Relief – was first approved by the FDA in 2004 as a prescription drug and was indicated for the treatment of ocular itching associated with allergic conjunctivitis. These drugs are mast cell stabilizers, which work by preventing the release of histamine and therefore prevent or control allergic disorders.

The products will be marketed in the U.S. as nonprescription drugs and will no longer be available as prescription drugs.

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Optical Centers Planned for 4 Oklahoma Sam’s Club Stores As a Result of New Law

They’re expected to open within the next few months.

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Optical centers will open in four Sam’s Club stores in Oklahoma City, KFOR-TV reports.

The plans follow the passage of legislation allowing optometrists to practice within retail settings. Oklahoma Gov. Kevin Stitt signed the bill into law in May 2019.

The optical centers are expected to open within the next few months. and 10 more centers are expected to open in the state by summer, according to KFOR.

Retailers are permitted to sell lenses and frames under the new legislation. But optometrists cannot be employees of retailers.

The law also does not allow retailers have control over any aspect of the eye exam.

The Oklahoma Association of Optometric Physicians has stated that the new legislation “will protect Oklahoma’s vision health standards while increasing convenience for consumers.”

Read more at KFOR-TV

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Video: Burglar Makes Off with $19K in Eyewear

The crime took place at about 7 p.m. on Sunday.

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A burglar made off with more than $19,000 in frames from the office of a California ECP.

The thief took 82 frames from Signature Optometry in Freson, CA, YourCentralValley.com reports.

The burgalry occurred at about 7 p.m. on Sunday. Dr. Chris Fisher, owner of the business, was alerted when five alarms went off.

He was quoted saying: “It was a mess. There were frames on the floor, there was garbage on the floor, there was glass all over the front.”

The crime remains under investigation.

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