Daily Archives: October 30, 2013

Clinical Results Demonstrate PowerVision’s New Intraocular Lens’ Ability to Restore Accommodation

Presentation at the International Society of Presbyopia in Amsterdam Features the FluidVision® Intraocular Lens

BELMONT, CA–(Marketwired – Oct 7, 2013) – New research presented at the International Society of Presbyopia 5thAnnual Conference demonstrates the ability of the FluidVision® foldable intraocular lens (IOL) to restore accommodation. The pilot clinical study results were presented by principal investigator, Dr. Frik J. Potgieter, FRCS, Founder and Director of the Optimed Eye and Laser Clinic in Pretoria, South Africa.

Accommodation is the eye’s ability to adjust to see across a range of distances. The natural human lens does this by getting thinner or thicker. Various conditions of the eye, including cataracts and Presbyopia, result in the loss of accommodative ability. Conventional IOLs lack the ability to accommodate. The FluidVision accommodating IOL, which is made by PowerVision, Inc., utilizes natural forces within the eye to displace fluid in the lens through internal channels, changing its shape and increasing or decreasing the power of the lens.

The pilot study included 20 patients who were candidates for cataract surgery and underwent unilateral implantation of the FluidVision lens. Initial results showed excellent distance visual acuity, averaging better than 20/20 at six-month follow-up. Near visual acuity was also excellent at six months, approximately 20/30 when tested unilaterally, a level allowing patients to read without glasses. Near acuity is expected to improve further upon bilateral implantation, which is typical of cataract treatment. At six month follow-up, all patients showed at least 3 diopters of accommodation, as measured by the defocus method, with an average of 4.4 diopters. An accommodation range of 3 or more diopters should allow patients to see at all distance ranges without glasses.

“This lens has the potential to revolutionize cataract surgery. It is implanted into the capsular bag just like a typical IOL and restores accommodative function. My patients have the potential to see far objects clearly, read without glasses, and see well at intermediate distances. The surgeries on patients in this group were uncomplicated and there was a notable lack of inflammation or capsular response to the implant,” said Dr. Potgieter.

The study was conducted at the Optimed Eye and Laser Clinic in Pretoria, South Africa, by Dr. Potgieter and his colleague, Dr. Paul Roux. Eight patients in the study have reached the six month follow-up point, twelve in total have reached at least the three month follow-up.

“We are extremely pleased with these results, as they convincingly demonstrate the potential of FluidVision to restore true accommodative function to millions of cataract patients,” said Barry Cheskin, President & CEO and Co-Founder of PowerVision. “Our technology also has the potential to help the millions of patients suffering from Presbyopia, the age-related loss of near vision. With these results in hand, we plan to initiate a multi-center study in Germany and South Africa, which we expect will lead to CE Mark approval and lay the groundwork for further studies in the United States.”

About PowerVision

PowerVision is a private company focused on developing the FluidVision lens, the first true accommodating intraocular lens, which has the potential to restore the vision of youth to millions of patients. Accommodation is the eye’s ability to adjust to see across a range of distances. The FluidVision lens utilizes natural accommodating forces within the eye to displace fluid in the lens, thereby changing the lens shape and restoring the ability to focus at near and distant targets, as well as all points in between. At this time, PowerVision’s products are for investigational use only and are not approved for commercial sale. For more information, visit: http://powervisionlens.com/.

CONTACT INFORMATION

Coty Inc. And Prada SA Announce Fragrance Partnership

 – Renowned Beauty Leader to Debut Signature Scent for the Miu Miu Brand

NEW YORK, Oct. 30, 2013 / PRNewswire — Coty Inc. (NYSE: COTY) and Prada Group (HKSE: Prada, 1913) announced today the formation of an exclusive partnership to create, develop and distribute a signature line of fragrances under the Miu Miu name. Following its successful results as a luxury fashion brand, the partnership marks Miu Miu’s first entree into the world of prestige fragrances.

Created in 1993, Miu Miu – the other vision of Miuccia Prada on fashion – is a brand with a strong personality, provocative and sensual as well as free-spirited and avant-garde. During the years, Miu Miu has evolved into one of the leading high-fashion brands in the world, targeting sophisticated women, receptive to new trends and ideas and inspired to explore and experiment in their fashion choices.

Coty has a proven reputation for faithfully translating the core values of highly selective and sophisticated designer brands into successful fragrance businesses while maintaining great respect for the brands’ DNA and the utmost attention to quality.

“The agreement with Coty, an internationally recognized reference in the luxury fragrance market, marks a major step forward in Miu Miu’s development plan,” said Patrizio Bertelli, CEO, Prada Group. “I am therefore sure that, leveraging on Coty’s know-how and Miu Miu’s strong identity, this partnership will be a worldwide success of mutual satisfaction to both companies.”

“Miu Miu is one of the most refined and respected luxury houses in the world and one of the fastest growing global brands in the whole fashion industry,” said Michele Scannavini, CEO, Coty Inc. “It is an exciting opportunity for Coty to build a worldwide fragrance business for Miu Miu and also to further build our own market share in the prestige fragrance market.”

The Miu Miu fragrance line is expected to debut in 2015.

About Coty Inc.
Coty is a leading global beauty company with net revenues of $4.6 billion for the fiscal year ended June 30, 2013. Founded in Paris in 1904, Coty is a pure play beauty company with a portfolio of well-known fragrances, color cosmetics and skin & body care products sold in over 130 countries and territories. Coty’s product offerings include such global brands as Balenciaga, Bottega Veneta, Calvin Klein, Chloe and Marc Jacobs.

For additional information about Coty Inc., please visit www.coty.com.

About Miu Miu
The Miu Miu brand, created in 1993, embodies style and sensuality. It is sophisticated yet nonchalant. The Miu Miu style has a strong identity, is creative and possesses an independent spirit. Miu Miu is part of the Prada Group, one of the world leaders in the luxury goods sector where it operates also with the Prada, Church’s and Car Shoe brands in the design, production and distribution of luxury handbags, leather goods, footwear, apparel and accessories. Its products are sold in 70 countries worldwide through a network that included 491 directly operated stores (DOS) as of July 31, 2013, and a select network of luxury department stores, independent retailers and franchise stores.

MoFA Undersecretary attends reception of Turkish Embassy

MoFA Undersecretary attends reception of Turkish Embassy
2013-10-30 10:48:23

WAM ABU DHABI, 30th October, 2013 (WAM) — Abdullah bin Mohammed bin Butti Al Hamed, Undersecretary of the Ministry of Foreign Affairs (MoFA), yesterday evening attended a reception hosted by Foraal Al Tai, Ambassador of Turkey to the U.A.E. on the occasion of his country’s National Day.

The ceremony was also attended by a number of officials, and members of Arab and foreign Diplomatic Corps accredited to the country.

WAM/ES/AM

Najah 2013: Sheikh Nahyan bin Mubarak visits Al Ain University of Science and Technology Pavilion

WAM ABU DHABI, 30th October, 2013 (WAM) — Sheikh Nahyan bin Mubarak Al Nahyan, Minister of Culture, Youth and Community Development, visited the Al Ain University of Science and Technology Pavilion at Najah for Education and Careers Exhibition 2013, which he inaugurated yesterday at the Abu Dhabi Exhibition Centre.

Sheikh Nahyan was welcomed by Dr. Noor Aldeen Atatreh, AAU Chancellor, who gave an explanation of the programmes and disciplines offered by the university.

Dr. Noor Aldeen said that the visit of Sheikh Nahyan bin Mubarak Al Nahyan emphasises his eagerness to support the advanced scientific steps taking place in the field of higher education. He pointed out that Sheikh Nahyan praised all efforts to raise the knowledge and skill levels of scientific students and the importance of their participation in scientific conferences and exhibitions that introduce them to the latest developments, research and advanced studies.

Saying that the university’s participation in Najah 2013 for the fifth consecutive year recognises the importance of the exhibition, which brings together under one roof the largest institutions working in the field of education, Dr. Noor Aldeen reaffirmed that the university’s keenness to always participate to inform students about the programmes and disciplines offered by the university and the latest developments and experiences surrounding them in order to keep pace with modern developments in the field of education, and he concluded by saying that all programmes offered by the Al Ain University of Science and Technology are fully accredited.

WAM/MZ/CM

Qatari Emir arrives in UAE

Qatari Emir arrives in UAE
2013-10-30 13:48:17

WAM ABU DHABI, 30th October, 2013 (WAM) — H.H. Sheikh Tamim bin Hamad Al Thani, the Emir of Qatar, has arrived in the U.A.E. at the start of a two-day official visit.

During the visit, Sheikh Tamim will hold official talks with President His Highness Sheikh Khalifa bin Zayed Al Nahyan, Vice President and Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum and His Highness General Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the U.A.E. Armed Forces.

He was greeted on arrival by His Highness General Sheikh Mohamed bin Zayed Al Nahyan.

WAM/ES/CM