15.02.2011

Unilens Vision publishes operating results

Unilens Vision publishes operating results

Posted by Martin Burns

Specialty contact lens manufacturer Unilens Vision has announced that its revenues fell slightly at the end of last year.

In its latest operating results report, the company revealed that its total revenue fell by 2.6 per cent in the three months to December 31st 2010 to reach around $2.1 million (£1.3 million).

Unilens Vision also reported that sales dropped by 1.5 per cent over the same period and claimed that this was mainly due to the impact of adverse economic conditions on the market for contact lenses in the US.

However, the firm noted that it has experienced success with some of its products and predicted its new C-Vue Advanced HydraVUE line of silicone hydrogel custom contact lenses will become popular in the months ahead.

Michael Pecora, chief executive of Unilens Vision, commented: "Sales of our custom soft lens category increased significantly in the [last] quarter as our C-Vue Advanced Toric Multifocal lenses continue to gain traction in the marketplace, almost completely offsetting declines in our disposable lens category."

Last month, Mr Pecora claimed that the C-Vue Advanced HydraVUE lenses will improve the treatment options for people with presbyopia, or the inability to focus on close objects.
 

by Adrian Galbreth


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