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Presbia completes purchase of Neoptics
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Presbia Ireland Ltd., a wholly owned subsidiary of Presbia PLC, has purchased the assets of Neoptics AG.
The purchase includes Neoptics’ intellectual property portfolio.
“The acquisition of Neoptics’ assets, including its patent portfolio, consolidates the principal intellectual property and ‘know-how’ underpinning the use of an optically powered micro-lens for the correction of presbyopia,” Todd Cooper, president and CEO of Presbia, said in a press release. “This consolidation of [intellectual property] and know-how from Presbia and Neoptics has also created a patent-protected platform to deploy our ‘micro-lens’ technology into solutions for vision problems beyond presbyopia, significantly expanding our addressable market into the future.”
The Presbia Flexivue Microlens, a presbyopia-correcting lens that is implanted in a corneal pocket, has a CE mark designation in the European Union.