CATANIA, Italy, Feb. 5, 2024 /PRNewswire/ — SIFI, a leading international ophthalmic company headquartered in Italy, is pleased to announce it entered into an agreement with Globe MedEx, its commercial partner and exclusive distributor in Egypt, to establish a Joint Venture (“JV”) to commercialize premium innovative intraocular lenses (“IOLs”) in the Countries belonging to the Gulf Cooperation Council (“GCC”).
The JV will have exclusive rights to SIFI’s range of IOLs, including the innovative Extended Depth of Focus (“EDOF”) IOLs. These include Well Fusion®, the most advanced solution for cataract refractive surgery, allowing correction of myopia/hyperopia, presbyopia and astigmatism resulting in spectacle-free uninterrupted high-quality vision at all distances and in all lighting conditions, and Evolux®, a novel extended monofocal IOL, based on a hydrophobic material and a non-diffractive profile, designed to provide better intermediate vision and equivalent distance vision when compared to a standard monofocal IOL.
The JV will be based in Dubai and initially focus on the United Arab Emirates (“UAE”), expanding its commercial reach to Bahrein, …
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