ophthalmology

Devices & Diagnostics

Ditch the reading glasses? Startup focuses on biomimetic lenses that correct presbyopia

Around age 40, patients often develop a fuzziness of vision close up, presbyopia–becoming farsighted and losing elasticity in their natural lenses. Docs prescribe reading glasses or bifocals, and the eyes continue their decline. But Irvine, California-based startup LensGen hopes to mimic the lens’ natural movement with an implant. This intraocular lens would harness fluidics and displacement to manipulate curvature, […]

Daily

New pharma company raising $3M to reformulate existing drugs for eye diseases

A new ophthalmic drug company hoping to reformulate existing drugs to “bring better drugs, at better prices, to the patient” looks to be getting off the ground with some early capital. Eye-Pharma, founded by a retina surgeon and pharmaceutical executives from the company Ezra Innovations in 2013, disclosed in a new SEC filing that it’s […]

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Novel degenerative eye disease drug needs $2.5M to move into IND-enabling studies

With an aging population and rising rates of vision loss, the U.S. pharmaceutical and medical device industries have latched onto ophthalmology as an area where innovation is both needed and lucrative. Cleveland-area startup Visum Therapeutics is one of the companies going after an orphan eye disease called Stargardt disease, which is a juvenile manifestation of […]