Conjunctival microcysts were found in all hypertensive and glaucomatous eyes in a study, leading researchers to believe that the conjunctiva could be a potential target tissue for in vivo microscopic investigation of glaucoma-induced pathologic modifications.

NEW YORK — A Genentech shareholder has filed a lawsuit on behalf of other Genentech investors concerning the company's proposed buyout by Roche, its majority shareholder, according to a press release from Cohen, Milstein, Hausfeld & Toll, legal counsel for the plaintiff.

Treating children with traumatic hyphema with tranexamic acid plus topical steroids does not appear to significantly lower the incidence of rebleed compared to treatment with topical steroids alone, a retrospective study suggests.

Pseudophakic corneal edema remains the most common indication for penetrating keratoplasty, according to a retrospective chart review by researchers in Pennsylvania.

SOUTH SAN FRANCISCO, Calif. — Genentech has formed a special committee composed of its three independent directors to assess Roche's proposal to purchase all of the outstanding shares of company's stock that it does not already own, Genentech announced in a press release.

MONROVIA, Calif. — STAAR Surgical has announced that two of its aspheric IOLs have received new technology IOL designation from the Centers for Medicare and Medicaid Services, the company announced in a press release.

MONTREAL — Canadian Bio Med Systems has signed a preliminary agreement for the licensing rights to two new drugs with ophthalmic indications from Ocular Therapeutics., Canadian Bio Med Systems announced in a press release.

WHITEHOUSE STATION, N.J — Merck reported $6.1 billion in worldwide sales for the second quarter, representing a 1% decline compared with sales from the same period in 2007, the company announced in a press release. Specifically, foreign exchange favorably affected global sales by 5% for the quarter, the release said.

HUENENBERG, Switzerland — Alcon reported global sales of $1.74 billion for the second quarter, an increase of 17.9% compared with global sales for the second quarter of 2007, or 11.2% excluding the impact of foreign exchange fluctuations, the company announced in a press release.

Retinal pigment epithelial cells appear to preferentially accumulate the xanthophylls lutein and zeaxanthin over beta-carotene by a process that is dependent on the protein SR-BI, according to a study.