CONTACT LENSES TODAY
November 21, 2004
Contact Lenses Today® is edited by Dr. Joseph T. Barr and the staff of Contact Lens Spectrum. This week CLToday® reaches more than 10,000 readers in
74 countries.
Stockholders Approved Cooper/Ocular Merger
The Cooper Companies, Inc. and Ocular Sciences, Inc. say that they have each obtained the required stockholder approvals for their proposed merger. Upon completion
of the merger, OSI stockholders will receive 0.3879 of a share of Cooper common stock and $22 in cash for each share of Ocular common stock that they own. The transaction is expected to close in
the first quarter of Cooper's 2005 fiscal year. Completion of the merger remains subject to anti-trust clearance by the U.S. Federal Trade Commission.
Computer Use Possibly Risky?
In the December 2004 issue of Journal of Epidemiology and Community Health, Japanese scientists reported that hours spent in front of a computer screen may increase the risk of glaucoma
in myopic individuals. They studied about 10,000 workers in Japan who completed a questionnaire about how much time they spent using a computer and any eye problems they experienced.
Approximately 5% of the workers in the study had visual field problems and tests revealed that about one-third of them had suspected glaucoma. According to the scientists, there appeared to
be a link between glaucoma and heavy computer use in myopic individuals.
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