GI Dynamics (ASX:GID) said last week in a regulatory filing that it fired chief medical officer Dr. David Maggs “for cause.” The Lexington, Mass.-based medical device company did not otherwise elaborate on the reason for Maggs’s departure, which was effective June 18, according to the filing. Maggs joined GI Dynamics in April 2013 to oversee the clinical […]
Calhoun Vision said today that it raised a $69 million funding round for its ‘light-adjustable’ intra-ocular lens, with $52 million coming from a new round of financing and $17 million in a debt conversion. The round was led by Longitude Capital, with H.I.G. BioVentures, Balance Point Capital Partners, and RA Capital Management as co-investors. “This […]
For years the Holy Grail of ophthalmology has been to give patients the ability to see clearly both and near and far distances. Verne Sharma, CEO of Calhoun Vision, thnks his company’s light-adjustable lens has reached that goal.