June 04, 2008
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Unilens launches aspheric disposable contact lens

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LARGO, Fla. — Unilens Vision has launched an aspheric daily disposable contact lens, the C-Vue 1 Day ASV, the company announced in a press release.

Designed specifically for patients with low-level astigmatism or early presbyopes, the new once-daily lens provides comfort and an improved depth of focus at all ranges, and requires no daily cleaning or additional care, the release said.

In a separate press release, Unilens reported $1.67 million in net sales, excluding royalty income, for the first quarter, a 2.1% increase compared with $1.63 million for the same period last year. The sales growth was primarily due to continued growth of Unilens' C-Vue multifocal contact lenses, which increased approximately 11% during the quarter, according to the release.

First-quarter net income totaled $368,730, or $0.08 per diluted share, compared with a net income of $372,355, or $0.08 per diluted share, during last year's first quarter.

First-quarter royalty income increased 15.3% to $628,993, compared with $545,293 in the first quarter of 2007. The company attributed much of its royalty income growth to sales of its licensed products by Bausch & Lomb, the release said.