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26-story mixed-use tower planned at Taylor & Fifth in downtown Fort Worth

Jetta Operating Co., a 24-year-old privately held oil and gas company in Fort Worth, and a related entity plan a 26-story mixed-use tower downtown at Taylor and Fifth streets on a site once owned by the Star-Telegram.

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UPDATE: Six candidates file for two Water Board seats

Six candidates have filed for the two open seats on the Tarrant Regional Water Board, setting up a battle that could potentially shift the balance of power on the board and the priorities of one of the largest water districts in Texas.

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Top area CFOs honored

The Fort Worth Business Press honored 13 area chief financial officers today with a luncheon at the Fort Worth Club.

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Fort Worth breaks ground on $8.6 million South Main renovation

Fort Worth Near Southsiders and city officials broke ground Monday on the 18-month rebuild of South Main Street between Vickery Boulevard and West Magnolia Avenue.

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Body-camera maker has financial ties to former Fort Worth police chief, others

IOWA CITY, Iowa (AP) — Taser International, the stun-gun maker emerging as a leading supplier of body cameras for police, has cultivated financial ties to police chiefs whose departments have bought the recording devices, raising a host of conflict-of-interest questions.

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Alcon partners with Google to develop smart contact lens

The Smart Lens prototype. Photo courtesy of Alcon. 

www.alcon.com/

Swiss drug maker Novartis Group said July 15 that its eye care unit, Fort Worth-based Alcon, will join with a division of Google Inc. to develop and market a smart contact lens for all ocular medical uses.
The smart lens technology involves non-invasive sensors, microchips and other miniaturized electronics that are embedded within contact lenses.
Google’s new smart lens technology has the potential to help diabetic patients manage their body’s glucose and help people with presbyopia to restore their eyes’ natural autofocus on near objects.


“We are looking forward to working with Google to bring together their advanced technology and our extensive knowledge of biology to meet unmet medical needs,” said Novartis CEO Joseph Jimenez. “This is a key step for us to go beyond the confines of traditional disease management, starting with the eye.”
Under the new agreement, Google[x], a team within Google, will bring its expertise in miniaturized electronics, microfabrication and low power chips, while Alcon will provide the medical know-how in physiology and visual performance of the eye as well as commercialization of contact and intraocular lenses.
The transaction remains subject to anti-trust approvals.
The three Alcon businesses – surgical, pharmaceutical and vision care – generated net sales of $10.5 billion in 2013. Alcon has more than 25,000 employees worldwide, with operations in 75 countries and products available in 180 markets.

Betty Dillard
bdillard@bizpress.net
 

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