TearOptix Secures Strategic Financing and Announces Formation of Scientific Advisory Board
TearOptix announced the completion of a strategic corporate financing round to support clinical development of the company’s proprietary multifocal lens platform, which leverages tear and blink dynamics to provide seamless, high-clarity vision at all distances.
Specific terms of the financial were not disclosed.
“The capital infusion enables us to advance our clinical development and validates our proprietary multifocal lens technology,” said Vartan Ghazarossian, PhD, Co-Founder and CEO of TearOptix. “With the strategic guidance of our Scientific Advisory Board, we are moving rapidly to ensure that our products meet the highest standards of safety and clinical performance, establishing a basis for regulatory clearance.”
Alongside its financing milestone, the company unveiled its Scientific Advisory Board (SAB), a distinguished group of globally recognized leaders in vision science, clinical ophthalmology, and optical engineering. The SAB will advise on product development, clinical strategy, regulatory pathways, and commercialization planning.
“Presbyopia remains a major challenge in contact lens-based vision correction,” said Vance Thompson, MD, refractive and cataract surgeon, founder of Vance Thompson Vision, and Co-Founder of TearOptix. “What excites me about TearOptix’s novel approach is its potential to transform everyday vision for millions of people. Our breakthrough technology, our exceptional team and advisors, and the strategic funding together form a strong foundation for delivering our transformative solution to patients worldwide.”
TearOptix Scientific Advisory Board Members
Dr. Ian Cox – President and Founder, IGC Consulting Group; Adjunct Professor, University of Rochester
Dr. Jennifer Fogt – Assistant Professor of Optometry, The Ohio State University
Dr. Damien Gatinel – Head, Anterior and Refractive Surgery Department, Rothschild Foundation, Paris
Dr. Richard Lindstrom – Founder, Minnesota Eye Consultants; Adjunct Clinical Professor Emeritus, University of Minnesota
Dr. James Wolffsohn – Professor of Optometry, Aston University, United Kingdom
Dr. Aaron Zimmerman – Clinical Professor, College of Optometry, The Ohio State University