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BVI Medical

BVI Medical wins FDA nod for laser endoscopy ophthalmic system

April 18, 2025 By Sean Whooley

BVI Medical announced that it received FDA 510(k) clearance for its Leos (laser endoscopy ophthalmic system) for treating glaucoma. Waltham, Massachusetts–based BVI designed Leos for a more intuitive laser endoscopic cyclophotocoagulation (ECP) procedure. It aims to integrate seamlessly into the surgical workflow while treating glaucoma. The company says Leos is the only laser system that […]

Filed Under: 510(k), Endoscopic, Food & Drug Administration (FDA), Imaging, Optical/Ophthalmic, Regulatory/Compliance, Vision Tagged With: BVI Medical, FDA

BVI Medical names a new CCO

April 14, 2025 By Sean Whooley

Ophthalmic device company BVI Medical announced today that it has appointed Andrew Chang as its new chief commercial officer (CCO). Chang’s appointment comes as the Waltham, Massachusetts-based company enters its next phase of growth, according to a news release. The company said it has upcoming product launches and continued global expansion on the horizon. In […]

Filed Under: Business/Financial News, Optical/Ophthalmic, Vision Tagged With: BVI Medical, Personnel Moves

BVI raises $1B in capital funding for monofocal intraocular lens

March 10, 2025 By Danielle Kirsh

BVI Medical today announced it completed a $1 billion strategic capital raise in partnership with asset management firm TPG. The investment fully refinances BVI’s existing debt and adds equity from TPG and new investors as the ophthalmic company looks to accelerate product development and expand its global footprint. “This investment marks a pivotal moment for […]

Filed Under: Business/Financial News, Funding Roundup, Optical/Ophthalmic Tagged With: BVI Medical

BVI acquires certain ophthalmic device assets from Croma

May 18, 2020 By Sean Whooley

BVI announced that it acquired the ophthalmic viscoelastic device (OVD) assets from Croma, as the two will combine for an R&D collaboration in the future. Financial terms of BVI’s acquisition were not disclosed. The pair of companies outlined their forthcoming collaboration as a partnership for additional products that will come to the market in the […]

Filed Under: Business/Financial News, Mergers & Acquisitions, Optical/Ophthalmic, Research & Development Tagged With: BVI Medical, Croma

BVI appoints chief financial officer

April 28, 2020 By Danielle Kirsh

BVI today said it appointed David Murray as chief financial officer, effective immediately. Murray will report directly to president and CEO Shervin Korangy. “David has joined BVI during a period of exceptional expansion for the business as we continue to build the fastest growing diversified ophthalmic business in the industry,” Korangy said in a news […]

Filed Under: Business/Financial News, Optical/Ophthalmic Tagged With: BVI Medical

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