Paragon Vision Sciences
Paragon Vision Sciences designs and manufactures FDA-approved Paragon CRT® orthokeratology contact lenses from proprietary HDS 100 material, selling exclusively through a certified eye care practitioner network spanning 50+ countries, as a subsidiary of CooperVision Specialty EyeCare (CooperCompanies).
- Company typePrivate
- Founded2002
- HeadquartersMesa, United States
- Headcount51–100
- GTM typeB2B
- OfferingHardware or Manufacturing
What Paragon Vision Sciences does
Paragon Vision Sciences is a US-based medical device company that designs, manufactures, and distributes orthokeratology (ortho-k) contact lenses under the Paragon CRT® brand. The company received FDA approval on June 13, 2002, for the first therapeutic lens design approved for overnight orthokeratology for the temporary reduction of myopia up to -6.00D sphere with ≤1.75 cyl astigmatism. Its core technology is a reverse-geometry gas-permeable contact lens made from its proprietary HDS 100 high-Dk material, both of which are manufactured in-house, giving Paragon full vertical control over lens design and material science. The portfolio also includes Paragon CRT Dual Axis® lenses for corneal astigmatism and specialty gas-permeable lens lines (FluoroPerm®, ParaPerm, RG4, Oxfore100).
The company operates a B2B go-to-market model in which eye care professionals (optometrists and ophthalmologists) must complete a 45-minute online certification before they may prescribe Paragon CRT lenses. Paragon supports this certified practitioner network through the Paragon Education and Training Academy, dedicated sales consultants, practice management consulting, and co-marketing resources. Patients purchase lenses through their certified providers, and the recommended annual replacement cycle generates recurring revenue. To streamline clinical workflows, Paragon offers a CRT Lens Calculator mobile app (iOS/Android) and a web-based Initial Lens Selector, both of which feed into the practitioner e-commerce ordering portal.
Founded in 1976 and headquartered in Gilbert, Arizona (2120 W. Guadalupe Rd.), Paragon Vision Sciences is a subsidiary of CooperVision Specialty EyeCare, which is in turn part of CooperCompanies (NYSE: COO). The company distributes lenses in over 50 countries, and more than 1 million patients have been treated with CRT lenses cumulatively. Disclosed clinical outcomes include a 97.6% patient satisfaction rate, 96% comfort acceptance, and 90%+ of FDA trial patients achieving 20/40 or better vision. The disclosed leadership team is limited to founder/inventor Jerome A. Legerton and Director of Quality Assurance Andrea Miller; no broader executive team, funding history, or standalone revenue figures are provided in the source data.
Paragon Vision Sciences firmographics
Firmographics- Name
- Paragon Vision Sciences
- Legal name
- Paragon Vision Sciences, Inc.
- Website
- https://paragonvision.com
- Company type
- Private
- Founded year
- 2002
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Paragon Vision Sciences designs and manufactures FDA-approved Paragon CRT® orthokeratology contact lenses from proprietary HDS 100 material, selling exclusively through a certified eye care practitioner network spanning 50+ countries, as a subsidiary of CooperVision Specialty EyeCare (CooperCompanies).
- Ownership category
- akta.pro rank
Paragon Vision Sciences industry classification
Industry- Product category
- Specialty Contact Lenses (Orthokeratology)
- NAICS
- Ophthalmic Goods Manufacturing (339115), Ophthalmic Goods Merchant Wholesalers (423460)
- SIC
- Ophthalmic Goods (3851)
- akta.pro primary industry
- Contact Lenses & Care Systems (Soft/RGP/Scleral Lenses; Cleaning/Disinfection Solutions) (HLAHAJAE)
- akta.pro secondary industry
- Contact Lens Specialty & Myopia Control (HLAKAKAK)
Keywords
Where Paragon Vision Sciences is headquartered
LocationHeadquarters
- HQ city
- Mesa
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Paragon Vision Sciences business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Personnel, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Contact Lens Sales: Paragon CRT contact lenses are sold to certified eye care professionals who then prescribe to patients. Lenses typically require annual replacement, creating recurring revenue through the practitioner channel. Patients purchase through their eye care providers.
- Practitioner Certification: Eye care professionals must complete certification modules to become authorized Paragon CRT practitioners. Certification covers lens fitting, patient selection, and practice integration.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Annual | Practitioner pricing for Paragon CRT lenses |
Go-to-market motion1 record
Distribution channels2 records
Marketing channels4 records
Paragon Vision Sciences product offering
Product offeringCore offering
Paragon Vision Sciences manufactures FDA-approved Paragon CRT and Paragon CRT Dual Axis orthokeratology contact lenses from its proprietary HDS 100 high-Dk gas-permeable material. The lenses are worn overnight to temporarily reshape the cornea and correct myopia, allowing patients to see clearly the next day without glasses, daytime contacts, or surgery. The company also supplies a broader specialty gas-permeable lens product line (FluoroPerm, ParaPerm, RG4, Oxfore100) for irregular corneas and custom fittings.
Product overview
Paragon Vision Sciences, part of CooperVision Specialty EyeCare, operates as a pioneer and leader in orthokeratology. Its product portfolio centers on Paragon CRT® and Paragon CRT Dual Axis® contact lenses — reverse-geometry gas-permeable lenses made from proprietary HDS 100 material, FDA-approved for overnight wear to temporarily reduce myopia and astigmatism. The company distributes its lenses in over 50 countries and supports practitioners with in-house manufactured lens material and designs. Complementary offerings include fitting tools (the Paragon CRT® Calculator App and web-based Initial Lens Selector), training through the Paragon Education and Training Academy, and additional specialty lens lines (FluoroPerm®, ParaPerm, RG4, Oxfore100). The ecosystem is anchored by Paragon CRT® as the primary product, with supporting software tools and training services that enable eyecare professionals to adopt and deliver orthokeratology.
Differentiator
Problem solved
Functional benefit
Brands
- Paragon CRT: Corneal Refractive Therapy contact lenses for overnight myopia correction
- CRT Dual Axis
Products and services
- Paragon CRT Contact Lenses FDA-approved overnight orthokeratology contact lenses made from proprietary HDS 100 high-Dk gas-permeable material; worn while sleeping to temporarily reshape the cornea and provide clear vision the next day without glasses, daytime contacts, or surgery. Sold to certified eye care professionals who fit myopic patients.
- Paragon CRT Dual Axis Contact Lenses Dual-axis variant of the Paragon CRT overnight orthokeratology lens designed to address patients with combined myopia and corneal astigmatism. Intended for certified eye care professionals fitting patients requiring more customized overnight corneal reshaping.
- FluoroPerm Contact Lenses Specialty rigid gas-permeable contact lens in Paragon's GP product portfolio, used by eye care professionals for fitting patients requiring rigid lens correction beyond standard soft lenses.
- ParaPerm Contact Lenses Specialty rigid gas-permeable contact lens within Paragon's GP product portfolio for eye care professionals fitting patients with custom or specialty vision needs.
- RG4 Contact Lenses Specialty rigid gas-permeable contact lens offered by Paragon Vision Sciences as part of its broader GP lens portfolio for eye care professional fittings.
- Oxfore100 Contact Lenses Specialty rigid gas-permeable contact lens within Paragon's GP product portfolio for eye care professionals fitting patients with specialty vision correction requirements.
Quantifiable outcome
- 97.6% of patients report experience meets or exceeds expectations
- +3 more outcomes
Companies that use Paragon Vision Sciences
Customer profileNamed customers1 record
Segments2 records
Ideal customer profiles1 record
Paragon Vision Sciences technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Paragon Vision Sciences partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- CooperVision Specialty EyeCarecoreParagon Vision Sciences is a part of CooperVision Specialty EyeCare, which addresses unmet needs of practitioners and patients worldwide. CooperVision is part of CooperCompanies (NYSE: COO). Paragon leverages the parent company's global infrastructure and resources while maintaining its specialized orthokeratology focus.
Scale indicators4 records
Recent moves6 records
Expansion highlights5 records
Paragon Vision Sciences competitors and assessment
Company assessmentDirect peers
- Euclid Systems Corporation: Euclid Systems manufactures orthokeratology contact lenses (Emerald™ and Euclid Ortho-K lenses) for overnight myopia correction, directly competing with Paragon CRT in the same practitioner channel and FDA-approved ortho-k category.
- Menicon Co., Ltd. Menicon is a leading Japanese manufacturer of gas-permeable contact lenses and orthokeratology products (e.g., Menicon Z Night, Miru 1day UpSide), directly competing in the specialty RGP and overnight ortho-k segment across global markets.
Broad incumbents
- Bausch + Lomb (Vision Care): Bausch + Lomb is a global ophthalmic device incumbent offering contact lenses, lens care, and refractive surgical products. Its broad portfolio overlaps with Paragon's RGP/ortho-k specialty niche and competes for practitioner shelf space and patient myopia correction share.
- Johnson & Johnson Vision: J&J Vision is a global contact lens and surgical vision incumbent (Acuvue, TECNIS) competing for myopia management share and practitioner relationships, with adjacent offerings in myopia control that pressure Paragon's specialty ortho-k positioning.
- Alcon Vision Care: Alcon is a global vision care incumbent offering DAILIES, PRECISION1, and surgical cataract/IOL products. As a broad contact lens and refractive competitor, it competes with Paragon for both practitioner relationships and downstream patient myopia correction share.
Emerging players
- Visioneering Technologies, Inc. Visioneering Technologies develops specialty contact lenses including NaturalVue Multifocal for myopia progression control, positioning it as an emerging competitor to Paragon CRT in pediatric myopia management with a soft daily-disposable alternative.
- CooperVision (MiSight): CooperVision's MiSight 1 day is the first FDA-approved soft contact lens for myopia progression control in children. While CooperVision is also Paragon's parent, MiSight represents an internal competitive modality that competes for the same pediatric myopia management prescriptions.
- Contex (Con-Tex Optical): Contex manufactures specialty gas-permeable contact lenses and fitting equipment, providing overlapping RGP lens technology and competing with Paragon in the broader specialty vision correction practitioner channel.
- Art Optical Contact Lens: Art Optical is a custom specialty contact lens manufacturer offering RGP, scleral, and ortho-k designs, competing with Paragon in the custom GP lens practitioner channel and adjacent specialty vision correction categories.
Regional players
- Lucid Korea (Lucid Ortho-K): Lucid Korea is an Asia-based orthokeratology lens manufacturer with strong presence in Korea and other Asian markets where myopia prevalence is highest, serving as a regional competitor to Paragon CRT in overnight ortho-k.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Paragon Vision Sciences social profiles
Digital presenceParagon Vision Sciences financial estimates
Financial estimateRevenue estimate
Valuation estimate
Paragon Vision Sciences leadership team
Management profileNumber of profiles
Profiles2 records
Paragon Vision Sciences funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Paragon Vision Sciences M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Paragon Vision Sciences
What does Paragon Vision Sciences do?
Paragon Vision Sciences manufactures FDA-approved Paragon CRT and Paragon CRT Dual Axis orthokeratology contact lenses from its proprietary HDS 100 high-Dk gas-permeable material. The lenses are worn overnight to temporarily reshape the cornea and correct myopia, allowing patients to see clearly the next day without glasses, daytime contacts, or surgery. The company also supplies a broader specialty gas-permeable lens product line (FluoroPerm, ParaPerm, RG4, Oxfore100) for irregular corneas and custom fittings.
Is Paragon Vision Sciences a public or private company?
Paragon Vision Sciences is a private company. It is classified as corporate owned and is currently operating.
When was Paragon Vision Sciences founded?
Paragon Vision Sciences was founded in 2002. It employs 51 to 100 people.
Where is Paragon Vision Sciences based?
Paragon Vision Sciences is headquartered in Mesa, United States, in the North America region.
How does Paragon Vision Sciences make money?
Two revenue lines are on record. Contact Lens Sales are the primary driver. The others are practitioner Certification.
Who are Paragon Vision Sciences's main competitors?
Direct peers on record are Euclid Systems Corporation and Menicon Co., Ltd.. Broad incumbents are Bausch + Lomb (Vision Care), Johnson & Johnson Vision and Alcon Vision Care. Emerging players are Visioneering Technologies, Inc., CooperVision (MiSight), Contex (Con-Tex Optical) and Art Optical Contact Lens. Lucid Korea (Lucid Ortho-K) is listed as a regional player.
Does Paragon Vision Sciences have an API?
No public API is recorded for Paragon Vision Sciences.
What industry is Paragon Vision Sciences in?
Paragon Vision Sciences's product category is Specialty Contact Lenses (Orthokeratology). Its primary akta.pro industry code is HLAHAJAE, Contact Lenses & Care Systems (Soft/RGP/Scleral Lenses; Cleaning/Disinfection Solutions), with a secondary code of HLAKAKAK, Contact Lens Specialty & Myopia Control. Its NAICS code is 339115 and its SIC code is 3851.