• Category: Business
Smartlens raises $5.2 million to advance miLens FDA clearance and launch
Business

Smartlens raises $5.2 million to advance miLens FDA clearance and launch

Financing to support the ongoing advancement and FDA clearance process of the miLens, an electronics-free contact lens technology.
Lilly to purchase Adverum Biotechnologies
Business

Lilly to purchase Adverum Biotechnologies

With a Q4 closing date in mind, acquisition supports ongoing clinical trials and development activities for Ixo-vec, a one-time IVT gene therapy injection to treat wet AMD.
Ciliatech to open US subsidiary supporting clinical advancement of novel glaucoma device
Business

Ciliatech to open US subsidiary supporting clinical advancement of novel glaucoma device

Upcoming clinical trials to study the Intercil Uveal Spacer, a cilioscleral interpositioning device that reestablishes the natural uveoscleral outflow.
Topcon invests in Sanro Health
Business

Topcon invests in Sanro Health

Latest strategic investment involves the Sanro Optimizer, which integrates EMR and imaging data to rapidly identify eligible participants for clinical trials.
Leadership update: ImprimisRx gets new CEO, BioTissue forms MAB
Business

Leadership update: ImprimisRx gets new CEO, BioTissue forms MAB

Leadership changes are underway in the eyecare space—and we’ve got the latest.
EssilorLuxottica purchases RetinAI
Business

EssilorLuxottica purchases RetinAI

Ikarian subsidiary is the developer of the FDA-cleared Discovery platform, an AI-based imaging data management system for diagnosing and monitoring ophthalmic disease progression.
Topcon officially debuts the Institute for Digital Health
Business

Topcon officially debuts the Institute for Digital Health

Oculomics company features an AI-based analytics platform designed to provide fast and secure access to real-world and clinical trial datasets.
Topcon purchases Toku, Inc
Business

Topcon purchases Toku, Inc

Acquisition supports ongoing Healthcare from the Eye initiative with a portfolio of AI-based diagnostic and retinal imaging technology.
Leadership watch: KALA BIO names new CEO, Aurion Biotech promotes execs
Business

Leadership watch: KALA BIO names new CEO, Aurion Biotech promotes execs

Aurion makes its move ahead of initiating a phase 3 trial in early 2026 for its allogeneic cell therapy, under evaluation for corneal endothelial disease.
 Verséa Ophthalmics relaunches as DefEYE Inc
Business

Verséa Ophthalmics relaunches as DefEYE Inc

Ophthalmic biologics company makes official debut with the exclusive U.S. commercial rights to the BIOVANCE franchise of decellularized biologics.
Harrow to purchase Melt Pharmaceuticals
Business

Harrow to purchase Melt Pharmaceuticals

Key draw is the company’s patented oral tablet formulated for a sublingual delivery to provide rapid sedation and analgesia ahead of cataract surgery.
Leadership watch: SpyGlass, Lumata Health, and Horizon Surgical report changes
Business

Leadership watch: SpyGlass, Lumata Health, and Horizon Surgical report changes

Latest news from the eyecare space includes a new VP at SpyGlass ahead of phase 3 trials on its glaucoma drug delivery platform.
Ollin Biosciences debuts with next-gen ophthalmic pipeline
Business

Ollin Biosciences debuts with next-gen ophthalmic pipeline

Biotech launches with $100 million financing and a lead program addressing wet AMD and DME via a higher potency VEGF/Ang2 bispecific antibody.
EyeMD EMR rebrands as Optivate with expanded vision
Business

EyeMD EMR rebrands as Optivate with expanded vision

Clinical software solutions company initiates months-long transition in its ophthalmology practice services, with completion date set for end of 2025.
Eyexora launches with focus on accelerated ophthalmic asset development
Business

Eyexora launches with focus on accelerated ophthalmic asset development

First ‘hub-and-spoke’ model ophthalmology company is targeting a global portfolio of anterior and posterior segment therapeutics and medical devi
Leadership watch: Haag-Stret, Heidelberg, and Samsara name new executives
Business

Leadership watch: Haag-Stret, Heidelberg, and Samsara name new executives

Check out the latest leadership news from the eyecare space, including a new CEO at Haag-Streit and other major appointments.
Neurolens debuts official rebrand as Newton
Business

Neurolens debuts official rebrand as Newton

Maker of the first and only therapeutic lenses clinically proven to relieve eye misalignment symptoms announces next chapter in its eyecare journey.
Topcon invests in Senseye's ocular biomarker-based mental health platform
Business

Topcon invests in Senseye's ocular biomarker-based mental health platform

First app of its kind utilizes the eye as a non-invasive window to the brain to identify neuropsychiatric conditions—in just 15 minutes.
OpZira launches with LumiThera diagnostic product line
Business

OpZira launches with LumiThera diagnostic product line

Spin-off company official forms following Alcon-LumiThera acquisition to offer two ophthalmic products: the AdaptDx Pro and NOVA Vision Testing System.
Alcon officially purchases LumiThera
Business

Alcon officially purchases LumiThera

Acquisition of the Valeda Light Delivery System includes plans to expand commercial market availability in 2026.