Santen and Singapore's Health-tech Start-up, Plano Form a Strategic Alliance to Tackle the Global Burden of Myopia
OSAKA, Japan and SINGAPORE, June 30, 2020 /PRNewswire/ -- Santen Pharmaceutical Co., Ltd. (hereinafter, Santen) and Plano Pte. Ltd (hereinafter, Plano) today announced a strategic alliance to tackle the global burden of myopia. Under this strategic alliance, Plano has secured an investment from Santen. Santen, through Plano, will initiate to tackle the burden of myopia using both a holistic approach and innovative technological solutions.
Santen, as a leading company in the field of ophthalmology, has cultivated expertise and capabilities specializing in ophthalmology based on a thorough customer orientation, including patients and healthcare professionals. In recent years, we focused our attention on medical devices and digital technologies, and have continued to take on the challenge of contributing to the health of the eyes of people around the world through activities that meet the needs of customers in each region, as well as offering products and solutions that cover a wide range of disease fields.
Plano is an eye health tech company launched in 2017, founded by Associate Professor Mohamed Dirani. It is the first spin-off from the Singapore Eye Research Institute (SERI) - Singapore National Eye Centre (SNEC) Ophthalmic Technologies Incubator Programme, dedicated to accelerating highly promising ophthalmic R&D projects towards commercialisation and medical deployment. The key products in the company's ecosystem include the plano application and the online optometry booking system, Plano Eyecheck. The science-based plano application has been adopted by more than 250,000 households. In less than 3 years, Plano is considered as one of the world leaders in raising awareness and educating the public on the prevention, detection and risk factors of myopia.
Myopia is one of the most common health problems in the world, affecting an estimated 2 billion people, or about 28% of the world's population. The number of people with myopia is expected to increase to 5 billion by the year 2050, which will be half of the world's population. Myopia affects people of every age, gender and race in every country. However, some countries have been affected more than others. Developed countries in East and Southeast Asia have the highest rates of myopia in the world. As many as 80-90% of teenagers and young adults in Singapore, Hong Kong and Taiwan, and 96.5% of 19-year-old men in South Korea have myopia. Just 60 years ago, only 10-20% of people in China had myopia. Myopia has also become more common in Europe, and the United States where it now affects up to 40% of people. Treating myopia costs Asian economies US$328 billion every year, with Singapore alone spending US$755 million annually.
Shigeo Taniuchi, President and CEO of Santen said "I am pleased to have a strategic alliance with Plano. Santen will, through Plano, by this strategic alliance, initiate in Singapore to raise awareness and support prevention and management of myopia in everyday life, as well as to expand the novel solutions to the region and beyond. With a recognition of rapid increase of myopia as a social issue, as a global leader in ophthalmology, Santen will work closely with Plano to resolve social issues related to myopia and to improve QOL of the patients around the world."
"This funding and strategic alliance with Santen will play an instrumental role in growing Plano's user engagement, strengthen its big data analytics and artificial intelligence (AI) capabilities, and drive its international expansion plans. The strategic alliance with Santen, who recognize myopia as a material issue, is very important as we collectively embark on our future objectives to advance Plano's products and services, expand its myopia-centered ecosystem into the region and introduce new and people-centered products for the management of myopia. We are eager to get to work with the excellent team at Santen," said Plano's Managing Director Associate Professor Mohamed Dirani. "To align with Santen, who have shown leadership in ophthalmic care for over 130 years, is a humbling one. This alliance will provide the team at Plano with the added confidence, mentorship, and new opportunities to more effectively deliver its pioneering services in Singapore and the region. I am honored to be part of this journey and believe that this alliance will take Plano to even greater heights."
Professor Wong Tien Yin, Medical Director of the Singapore National Eye Centre said "Myopia is a major public health problem in Asia and globally. We need to continue to raise awareness of the impact of the disease, its major risk factors and how we can slow its progression to prevent visual impairment. In children, a combination of increasing opportunities for outdoor activities and reducing excessive near-work activities are important strategies. We are very happy to see this strategic alliance being created between Plano, a startup company which was created within SERI/SNEC's incubator framework and Santen, a leading ophthalmic company with whom we have been working for several years on a broad strategic research and development collaboration. Plano's growth is a testament to the ability of Singapore's clinical centers to create internationally competitive and successful startups."
Plano users can look forward to a series of exciting announcements which include a new app interface for both parents and children, improved product functionality, and for the first time in the world, an AI-driven calculator for the development, progression and stabilization of myopia in children and teenagers.
 Holden BA, Fricke TR, Wilson DA, Jong M, Naidoo KS, Sankaridurg P, et al. Global Prevalence of Myopia and High Myopia and Temporal Trends from 2000 through 2050. Ophthalmology. 2016;123(5):1036-42.
 Dolin E. The myopia boom. Nature. 2015;519(7543):276-8.
 Morgan IG, French AN, Ashby RS, Guo X, Ding X, He M, et al. The epidemics of myopia: Aetiology and prevention. Progress in Retinal & Eye Research. 2017.
 Vitale S, Sperduto RD, Ferris FL, 3rd. Increased prevalence of myopia in the United States between 1971- 1972 and 1999-2004. Arch Ophthalmol. 2009;127(12):1632-9.
 World Health Organization. The impact of myopia and high myopia: Report of the Joint World Health Organization - Brien Holden Vision Institute Global Scientific Meeting on Myopia. University of New South Wales, Sydney, Australia: 2015.
 Zheng YF, Pan CW, Chay J, Wong TY, Finkelstein E, Saw SM. The economic cost of myopia in adults aged over 40 years in Singapore. Investigative Ophthalmology & Visual Science. 2013;54(12):7532-7.
As a specialized company dedicated to ophthalmology, Santen carries out research, development, marketing, and sales of pharmaceuticals, over-the-counter products, and medical devices. Santen is the market leader for prescription ophthalmic pharmaceuticals in Japan and its products now reach patients in over 60 countries. With scientific knowledge and organizational capabilities nurtured over a nearly 130-year history, Santen provides products and services to contribute to the well-being of patients, their loved ones and consequently to society. For more information, please visit Santen's website (www.santen.com).
Plano was developed with a clear purpose; to save sight and empower lives. With a culture of disruptive thinking grounded in real scientific research, Plano promotes the use of innovative technology to provide a solution to help mitigate the public health, societal and economic issues posed by excessive device usage. Plano's founding Managing Director, Associate Professor Mohamed Dirani, has dedicated his life to the study and research of myopia, and is an Adjunct Associate Professor at Duke-NUS Medical School and an Honorary Principal Investigator at the Singapore Eye Research Institute (SERI) and the Centre for Eye Research Australia (CERA). www.plano.co
Santen Forward-looking Statements
Information provided in this press release contains forward-looking statements. The achievement of these forecasts is subject to risk and uncertainty from various sources. Therefore, please note that the actual results may differ significantly from the forecasts. Business performance and financial conditions are subject to the effects of changes in regulations made by the governments of Japan and other nations concerning medical insurance, drug pricing and other systems, and to fluctuations in market variables such as interest rates and foreign exchange rates.
More News by PR Newswire India
THRIVE II: This Is What It Takes releases trailer August 8th in 15 languages for sequel to one of the top watched documentaries of all time
First liquid biopsy to receive FDA Approval for comprehensive tumor profiling across all solid cancers, Guardant Health's Guardant360Â® CDx, gains credibility among oncologists in Asia, Middle East and Africa.
First hospitals in U.S. implant next-generation cardiac device to reduce risk of stroke
Vype Celebrates 30 Days of Summer with 30 Prize Draws
TekMonks launches globally successful work-from-home digital solutions in India
Huawei Users Get Gifts to Celebrate Motorball Launch on AppGallery
Shemaroo, TVS Credit among leading brands increase Push Notifications Delivery by 50 to 70% with Netcore's Smart Push
GE Healthcare and NTTF partner to offer courses for healthcare technician roles
SGS is Accredited by The National Accreditation Board For Certification Bodies for Certification Of PPE Medical Coveralls for Exports
IAS First to Integrate with Google Ads Data Hub for Viewability and Brand Safety, Bringing Advertisers Privacy-Centric Metrics Across YouTube
ETMONEY launches India's Favourite Investment product, Fixed Deposits, assuring up to 7.35% returns
OKEx's BTC Perpetual Swap Funding Rates Among the Most Competitive in the Industry
Thentia Closes Series A With BDC to Bring Advanced Tech to Regulation
Dietary cholesterol and phytosterols contribute directly to heart disease
Media Advisory - BMO Financial Group to Announce its Third Quarter 2020 Results
CoinPayments Launches Global Business Development & Partnerships Team, Hires Key Executives in North America and Europe to Drive Growth
Covistat, Biopharmaceutical Company Developing Low-Cost COVID-19 Treatment, Acquires IP From World Leader in Respiratory Disease Medicine
Alembic Pharmaceuticals raises INR 750 crores via QIP, issue subscribed by nearly 2x. Monarch Networth Capital Ltd banker to the issue
Simplilearn and NSDC Announce Collaboration to Upskill Professionals in Digital Skills
Russell Reynolds Associates Acquires Cultural Analytics Business From Workplace Analytics
Scener and Agora Partner to Scale Watch Party Platform After Seeing 100x Growth
Enhanced Technologies Help E-commerce Platforms and Merchants Deliver a More Intelligent Live Streaming Experience
OnePlus and PUBG MOBILE Team Up to Deliver Exclusive 90 FPS Experience for Mobile Gamers
Milliman adds J.P. Augeri to global retirement and benefits team
Borderless Capital Invests in and Partners with StakerDAO to Accelerate Access to DeFi Across Algorand Ecosystem
The 23rd TDOÂ® Software and 2nd GentleWaveÂ® User Meeting Moving to an All Virtual Experience
Smarten Announces an Innovative eLearning Course, 'Be a Citizen Data Scientist - Aspire, Inspire, Become'
Token Metrics launches 14 AI cryptocurrency indices
Caprion-HistoGeneX and Viroclinics-DDL announce a strategic partnership to offer integrated, complementary services to advance infectious disease research and COVID-19 therapeutic development
Thailand BOI Urges Investors to Focus on Business Upgrades Ahead of 2021 Recovery
Timex Brings Back '80s Nostalgia With The Launch Of T80 PAC-MANâ¢ In India During Amazon Prime Day 2020
Global Gas Industry Set to Resume Growth Post-Pandemic, Adopt Low-Carbon Technologies for Long-Term Growth
Celgard Successful in UK Court and is Granted Injunction Against Senior Battery Separator Imports Through Trial
CIIE: Larger, high-quality international import expo gearing up for November
REDD Intelligence Closes $5.8m Equity Financing to Accelerate Global Expansion, Expand Emerging Market Research Offering, Open London Office
Call for Entries now open for Lexus Design Award India 2021
Endress+Hauser Commended by Frost & Sullivan for Leading the Liquid Analyzer Market with Its Best-in-class Digital Instrumentation and Solutions
Lasa Supergenerics Q1FY21 Pat at 5.37 crs, Up 437% YoY
MSI unveils exciting Independence Day Sale offers on Flipkart and Amazon
IPM India Wholesale Trading Private Limited is Great Place to WorkÂ® Certified
CIE@IIIT Hyderabad announces 11th Cohort of deeptech and 5th Cohort of medtech Accelerators
Glenmark introduces higher strength (400 mg) of FabiFluÂ® to reduce pill burden of COVID-19 treatment
The Global Business Barometer improved for the second straight month, with the 3-month outlook for many industries moving from "much" to "somewhat" worse
PayU enables merchants to scale up financial operations with enhanced payouts solutions suite
'Let go of your Ego and you will ï¬nd God'- The new E-book by AiR shows the way to find God
KBC releases Value Chain Optimization Manifesto to guide an embattled Energy and Chemical industry back to profitability
Income Solution For All Age-Groups: Edelweiss Tokio Life - Active Income Plan
Mediaocean Acquires Symsys To Expand European Operations
AVCtechnologies Announces Agreement to Buy Ribbon's Kandy Communications Business
Global Advanced Metals Announces Appointments of Donna Grier and Renee Hornbaker to Its Board of Directors
The Royal Canadian Mint Recognizes the 150th Anniversary of the Northwest Territories in its Newest Suite of Collector Coins
X2O Media Introduces Two New Media Players to Their Full Solution Offering
Jacobs Applauded for Its Best-in-Class Digital Water Solutions and Robust Partner Network
Customer Experience Outsourcers Launch Intelligent and Self-service Options to Improve Business Outcomes in Europe
Eye Level Literary Award 2020 for Aspiring Young Authors Goes Online
Johnson & Johnson Announces Agreement with U.S. Government for 100 Million Doses of Investigational COVID-19 Vaccine
Mercedes-Benz and CATL as a major supplier team up for leadership in future battery technology
Frost & Sullivan Presents Top Sensor Technologies Impacting the Future of Smart Cities
Global consumer electronics giant Hisense unveils its 'Made in India' television range; to be available from 6th Aug 2020
Axis Bank & Innoviti tie-up to extend affordability in times of COVID crisis through Debit Card EMI on POS terminals
Appointment of Ms. Supriya Prakash Sen as a Director on the Board of Azure Power Global Limited
83% Educational Institutions Plan to Conduct Exams Online, Finds Mercer | Mettl's Recent Study
OKEx Launches Peer-to-Peer Trading Platform With Multiple Payment Methods in India
Xoxoday's journey of motivating 2+ mn humans
Edelweiss Tokio Life - Active Income Plan: A Three-Generation Income Solution
ONE Championship Lands in Top 10 in Facebook Engagement Among Global Sports Properties
NTT Ltd. Acclaimed by Frost & Sullivan for its Comprehensive Intelligent Solution Suite for Enterprise Systems Integration
Malibu & DJ Dillon Francis Remix an Internet Sensation into a Summer Anthem You Can't Ignore
The Point-of-Care Ultrasound Certification Academy announces Doctors Without Borders as MissionPOCUS selection for 2020
Perfect World CEO Dr. Robert H. Xiao: Content Consumption to Change Dramatically Thanks to 5G
Perfect World CEO Dr. Robert H. Xiao: the COVID-19 pandemic will stimulate new growth across the e-sports industry
Cordico Announces Exclusive Partnership With 'Emotional Survival' Author Dr. Kevin Gilmartin
CFA Institute to Transition to Computer-Based Testing For All Levels of the CFAÂ® Program in 2021
CoinLock Launches Netflix-Like Annual Subscription Model to Buy or Sell Bitcoin, Providing Members with Unlimited Trading Capacity and Saving Them Millions in Fees.
Lighting Industry Leaders Join Forces to Offer Ultraviolet Light Safety Guidance
Connected for Better: AACSB's Focus on Positive Societal Impact
Suresh Raina, Yuzvendra Chahal, Parthiv Patel & Pathan Bros join hands with Amitabh Shah's Yuva Unstoppable & Vedanta Limited
Philips Audio expands its product portfolio on Amazon Prime Day Sale
Gramercy Statement on Agreement Between Argentina and its Creditors
A Doctor from Visakhapatnam Wins â¹50 Lakhs in Junglee Rummy's RPL 8 Tournament
Kajal Agarwal takes her stance on #VocalforLocal - KhelPlay Rummy
OSH India Virtual Expo: A virtual initiative to create and sustain awareness for Occupational Safety and Health
Goodknight Fabric Roll-On vows to protect children in their indoor playgrounds in a new digital film
World Federation of Hemophilia (WFH) publishes "The WFH Guidelines for the Management of Hemophilia, 3rd edition"
Edtech venture GlobalShala aims to cultivate design thinking, entrepreneurship, and innovation to solve global challenges highlighted in United Nation's SDGs through the launch of their 'Superhero U' competition with prizes worth $90,000
Godrej & Boyce sees growth in precision engineered equipment as 'Make in India' policy gathers momentum
Staying the Course: Golden Agri-Resources' latest Sustainability Report highlights continued commitment to responsible production
Panchshil Realty's Office Portfolio First in APAC to Meet British Safety Council's Global Benchmarks for COVID-19 Related Control Measures
IIIT Hyderabad to Conduct Course on Online Pedagogy
Bank Alfalah and TerraPay to Launch Home Remittance Service to Pakistan
iHerb Announces Major Enhancement to iHerb's Popular Rewards Program
Airtel Selects Ribbon's 5G-Native Neptune Platform to Upgrade its Packet Transport Network
BNIÂ® Global Announces Partnership with JCI, Enhancing Support to Global Business Professionals & Economies
Announcing World Food Travel Market
MSRCosmos Has Earned the SAP on Microsoft Azure Advanced Specialization Status
Shanghai Electric has been awarded EPC contract for 5th phase project of Dubai solar park
TB Alliance Announces European Commission Authorisation of New Treatment for Highly Drug-Resistant Tuberculosis
SIRUI, a Camera Accessories Manufacturer, Released Its 35mm f/1.8 1.33x Anamorphic Lens on INDIEGOGO August 3, 2020
GlobalData Ranks Ribbon the Leader in Network Slicing In 5G Transport Competitive Landscape Assessment
CIFF Guangzhou 2020 Successfully Concludes: Striving to Drive Steady Growth Across the Industry During the Pandemic
Cruise with confidence on Jalesh Cruises from 6th November 2020
GranBio and NextChem sign partnership to develop cellulosic ethanol market
Huawei Announces Global Rollout of New Device Gaming Hub - HUAWEI GameCenter
Flowhaven Opens London Office, Announces 2020 Momentum
Chandigarh & Mohali Housing Demand will get a boost due to Reverse Migration, opines Family Nest Real Estates Private Limited
Bank of Baroda Credit Card offers EMIs on PoS Terminals in partnership with Innoviti
Macrogen Obtains Europe's CE-IVD Certificate for its COVID-19 Test Kit
USGIC Launches India's 1st AI-powered Conversational Agent for Motor Insurance
Colliers International Appoints Subhankar Mitra as Managing Director, Advisory Services (India)
New Genesys Cloud Integration with Microsoft Teams Drives Productivity and Collaboration
FoodServiceDirect.com taps Unbxd's AI to power digital transformation across B2B and B2C
Pinterest Announces Update to Videos to Inspire Audiences in India to take Action on Ideas
CrowdPouch raises Angel Round from Elina Investments
JA Solar Supplies Modules for Malaysia's First Bifacial-Plus-Trackers Project
BowerGroupAsia Welcomes Ratan Shrivastava as new Managing Director for India
New Clinical Trial Reports Reduction in COVID-19 Hospitalization Days by 28%
Cision Publishes State of the Press Release, Uncovering How Communicators Can Create More Effective Press Releases
Growing number of patients choose COVID home care from RxDx clinics, Bengaluru
MIT-SDE Becomes the First Indian Institute to Collaborate with LinkedIn Learning
BC Cricket Championship: A thrilling and an exciting action packed August awaits for millions of cricket fans as Cricket comes alive in Canada
CGTNï¼Why Chinese military enjoys extensive support from the people
Rihanna Launches Fenty Skin
Zinnov Awards 2020 recognizes the Titans in Tech, individuals, and organizations who have become synonymous with excellence in the GCoE ecosystem
CGTN: Decoding China's vision for new era world-class army
LANXESS disinfectant kills coronavirus SARS-CoV-2 in just 60 seconds
Cosmoprof India and Personal Care Ingredients & Lab 2020 Present Their New Digital Events
India lays out the red carpet for Italian companies to 'plug and play' in its food parks
NTTF Joins Hands with Skanray to offer great opportunity to get Post Graduate Diploma in Medical Technical Field with Industry attachment
Epic Seven Releases New Limited Hero "Holiday Yufine"
Magical Mangroves: A nationwide campaign for mangrove awareness launched by Godrej & Boyce and WWF India
Mukta Kumar from Konnections IMAG receives 'Entrepreneur of the Year' Award at the 1st Edition of Exchange4media Women Achievers Summit and Awards 2020
ICFAI Business School (IBS) Announces IBSAT 2020 MBA Entrance Exam For Students Seeking Admission For MBA Courses