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November 29, 2021
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FDA approves IDE for Juvene IOL

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LensGen has received approval for an investigational device exemption from the FDA, paving the way for a pivotal study of the Juvene IOL, according to a company press release.

Perspective from Uday Devgan, MD

"We are proud to achieve this significant milestone for the company, which allows us to move forward with the IDE pivotal trial with the ultimate goal of seeking premarket approval in the largest eye care market in the world," Ramgopal Rao, CEO of LensGen said in a press release. "Achieving IDE approval of a novel device is a tremendous undertaking and enormous accomplishment for the company, and we are grateful to the FDA for their rigorous and insightful guidance throughout the process."

Sign outside FDA HQ in Washington, DC.
Source: Adobe Stock

LensGen is raising Series B financing. The company did not announce any additional details regarding the upcoming pivotal trial investigating the Juvene IOL.