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HOYA Enters Licensing Agreement with Shanghai Weixing Optical to Settle Lawsuit before the Shanghai Intellectual Property Court

Summary by Ground News
Shanghai Weixing Optical issued a significant payment to HOYA Vision Care to obtain a limited duration license to Defocus Incorporated Multiple Segments (D.I.M.S.) Technology. The license will end after an agreed phase-out period after which Shanghai Wexing Optical products utilizing proprietary D.i.m.S. Technology will be withdrawn from the market. MiYOSMART spectacle lenses are a safe, easy to use, effective and non-invasive method to manage myopia in children.
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News File CorpNews File Corp

HOYA Enters Licensing Agreement with Shanghai Weixing Optical to Settle Lawsuit before the Shanghai Intellectual Property Court

Shanghai Weixing Optical issued a significant payment to HOYA Vision Care to obtain a limited duration license to Defocus Incorporated

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News File Corp broke the news in on Saturday, December 30, 2023.
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