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ClearSight’s parent company acquired by China-based firm

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Sharklet Technologies, the parent company of ClearSight, has been acquired by the China-based equity medical device firm Peaceful Union, ClearSight announced in a press release.

“We believe that the biomimetic approach used by Sharklet Technologies will not only produce the most advanced IOL, but will most likely enhance the performance of a wide range of ophthalmic products,” Khalid “Kal” Mentak, PhD, CEO of ClearSight, said in the release.

Cofounded by Kevin Cuevas, MD, and Shravanthi Reddy, PhD, ClearSight aims to develop the next generation of IOL.