Menicon Agrees to License 66 Vision-Tech to Manufacture and Distribute Meniconӳ ԍeniflexԠIOL in C

February 08, 2006 Posted by Menicon

 

Menicon Co., Ltd. and 66 Vision-Tech Co., Ltd – the largest Chinese manufacturer and distributor of ophthalmic instruments – have entered into a licensing agreement for 66 Vision-Tech to manufacture Menicon’s “Meniflex” IOL in its manufacturing site in

Suzhou, . Menicon will provide 66 Vision-Tech with technical assistance. In return, 66 Vision-Tech will pay a royalty to Menicon for five years for the manufacture and distribution of “Meniflex” using its own distribution network throughout . Manufacturing under this license will to be operational from 2008.
“This is one of the very important strategic steps forward to enter the giant Chinese market”, said Dr Hidenari Tanaka - President of Menicon Co., Ltd. He also acknowledges that “there are many other areas for possible collaborations between the two companies”.
About Menicon:
Menicon Co. Ltd. (www.menicon.com) is ’s first and largest contact lens manufacturer founded by Mr Kyoichi Tanaka in 1951, and is now represented in over 30 countries. Menicon is the only manufacturer in the world who is dedicated to all areas of contact lens business including material development, lens design, the manufacturing of contact lenses, and care solutions. One of the Menicon’s greatest achievements is Menicon Z, the world’s only Hyper DK RGP lens approved by the FDA for up to 30 days continuous wear.
About 66 Vision-Tech: 
66 Vision-Tech Co., Ltd (www.66vision.com) the largest Chinese manufacturer and distributor of ophthalmic instruments. With more than 50 years of history, the company core business focus on the design, manufacture, sales and service of ophthalmic medical instruments including intraocular lenses, microscopes, and optical, electric and laser diagnosis instruments. 66 Vision-Tech’s products occupy over 85% of the domestic market and are also exported to a large number of countries all over the world. The company has been awarded with many well-recognized national awards.

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