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

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Segments (D.I.M.S.) Technology after which Shanghai Weixing Optical products utilizing D.I.M.S. Technology will be withdrawn from the market.D.I.M.S. Technology is jointly developed by Hoya and The Hong Kong Polytechnic University (PolyU) and is HOYA Vision Care's proprietary approach to manage myopia in children.Shanghai, China--(Newsfile Corp. -...


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