Tuesday, June 30, 2015

TearLab posts 28% increase in Q1 revenue

TearLab posts 28% increase in Q1 revenue

May 7, 2015 by · Leave a Comment 

Tweet TearLab (NASDAQ:TEAR; TSX:TLB) reported first quarter net revenue of $5.4-million, up 28% from $4.2-million for the same period in 2014. A total of 261 orders for TearLab systems were booked in the first quarter. “We started 2015 with a fully staffed sales force, a better understanding of implementation, and, as evidenced by the continuing […]

TearLab 2014 revenue climbs 35%

TearLab 2014 revenue climbs 35%

March 12, 2015 by · Leave a Comment 

Tweet 2014 net revenue for TearLab (NASDAQ:TEAR; TSX:TLB) totalled $19.7-million, up 35% from $14.6-million in 2013. “2014 was a building year for us, with our primary focus being on improving the integration of the TearLab Osmolarity test into the daily routines of our customers,” CEO, Elias Vamvakas, said in a statement. “Moving into 2015, with an […]

TearLab in $35-million loan agreement with CRG

TearLab in $35-million loan agreement with CRG

March 5, 2015 by · Leave a Comment 

Tweet TearLab (NASDAQ:TEAR; TSX:TLB) has entered into a term loan agreement with CRG and certain of its affiliate funds, which provides TearLab with up to $35-million of available borrowing capacity. Under the accord, CRG is initially providing TearLab with $15-million. Up to $20-million of additional funding will be available to TearLab, at its option, through […]

Julie Speed joins TearLab as VP global marketing

Julie Speed joins TearLab as VP global marketing

October 6, 2014 by · Leave a Comment 

Tweet TearLab (NASDAQ:TEAR; TSX:TLB) has appointed Julie Speed to its senior management team as VP of global marketing. Her mandate will be leading global marketing functions for the complete TearLab portfolio, including its internal diagnostics product line and the OcuHub platform. Ms. Speed joins TearLab after 15 years of at Alcon Laboratories, where her previous […]

Study shows hyperosmolarity may impact cataract surgery planning

Study shows hyperosmolarity may impact cataract surgery planning

September 15, 2014 by · Leave a Comment 

Tweet Preliminary results of the TearLab (NASDAQ:TEAR; TSX:TLB) Cataract Study were presented today at the XXXIII Congress of the European Society of Cataract and Refractive Surgeons (ESCRS). The groundbreaking study evaluated the relationship of a hyperosmolar tear film on keratometry readings.  The study demonstrated that hyperosmolar patients demonstrated a wider variation in keratometry calculations between […]

TearLab to unveil second generation tear testing platform

TearLab to unveil second generation tear testing platform

August 14, 2014 by · Leave a Comment 

Tweet At its analyst and investor day on Sept. 23, TearLab (NASDAQ:TEAR; TSX:TLB) plans to cover its current business and growth strategies, international market opportunities recent R&D activities, including development of a second-generation point-of-care tear testing platform. On the second quarter conference call earlier this month, CEO Elias Vamvaskas said most of the research has been […]

Manoj Venkiteshwar joins TearLab as VP of medical affairs

Manoj Venkiteshwar joins TearLab as VP of medical affairs

July 14, 2014 by · Leave a Comment 

Tweet TearLab (NASDAQ:TEAR; TSX:TLB) announced the appointment of Manoj Venkiteshwar to its senior management team in the newly created position of VP of medical affairs. Dr. Venkiteshwar’s mandate will be the development and execution of a comprehensive academic and key opinion leaders (KOL) management strategy for the company. He joins TearLab from his current position as […]

TearLab posts 70% jump in Q1 revenue

TearLab posts 70% jump in Q1 revenue

May 8, 2014 by · Leave a Comment 

Tweet First quarter revenue for TearLab (NASDAQ:TEAR; TSX:TLB) totaled $4.2-million, up 70%, from $2.5-million a year ago. A total of 254 orders for TearLab systems were booked in the first quarter, of which 201 systems were under the company’s Masters Multi Unit Program, 40 were through its minimum use access programs, six were direct purchases […]

Survey finds high confidence in tear osmolarity testing

Survey finds high confidence in tear osmolarity testing

April 25, 2014 by · Leave a Comment 

Tweet A survey by Ophthalmic Consultants of Long Island conducted after TearLab (NASDAQ:TEAR; TSX:TLB) partnered with major dry eye organization, Sjögren’s Society, to promote Dry Eye Disease Awareness Month last year found a high degree of patient satisfaction in tear osmolarity testing. There were 278 eye clinics that participated in the survey and over 1,000 […]

Alcon’s Paul Smith joins TearLab as VP International

Alcon’s Paul Smith joins TearLab as VP International

April 21, 2014 by · Leave a Comment 

Tweet TearLab (NASDAQ:TEAR; TSX:TLB) has appointed Paul Smith to its senior management team in the newly created position of VP, International. Mr. Smith’s mandate will be the development and execution of a comprehensive international business strategy for TearLab. He joins TearLab from his current position as global marketing manager within the surgical cataract franchise at […]

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