Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
SpyGlass Pharma Acquires Advanced Vision Science for $13 Million

SpyGlass Pharma Acquires Advanced Vision Science for $13 Million

MT newswireMT newswire2026/10/01 12:54
08:54 AM EDT, 10/01/2026 (MT Newswires) -- SpyGlass Pharma (SGP) acquired Advanced Vision Science, an ophthalmic medical device company, for about $13 million in cash, the company said Thursday. Advanced Vision Science is a unit of Japanese pharmaceutical Santen Pharmaceutical, and is the current supplier of SpyGlass' intraocular lenses in its phase 3 registrational trials evaluating its product candidate candidate, the BIM-IOL System, SpyGlass said. Under deal terms, Advanced Vision Science will become the exclusive manufacturer and supplier of several types of intraocular lenses to Santen Pharmaceutical for commercialization in Japan, according to a statement. SpyGlass Pharma further said that Advanced Vision Science will continue to license its glistening-free hydrophobic acrylic lens material to Bausch + Lomb (BLCO), and manufacture products for other companies.
0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!