Second Sight Medical (EYES) Reports Q2 Loss of $0.17/Share

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Second Sight Reports Second Quarter 2016 Financial Results

July 28, 2016 4:06 PM EDT

SYLMAR, Calif.--(BUSINESS WIRE)-- Second Sight Medical Products, Inc. (NASDAQ: EYES) ("Second Sight" or "the Company"), a developer, manufacturer and marketer of implantable visual prosthetics to provide some useful vision to blind patients, today reported financial results for the three- and six-month periods ended June 30, 2016.

Recent Company Highlights:

Completed oversubscribed Rights Offering, giving the Company access to an additional $19.5 million to fund ongoing trials and research; Generated net sales of $1.0 million in the second quarter of 2016 compared to $2.7 million in the second quarter of 2015;... More

Second Sight Announces Two Exclusive Distribution Agreements to Bring the Argus II Retinal Prosthesis to Taiwan and Iran

July 28, 2016 4:00 PM EDT

SYLMAR, Calif.--(BUSINESS WIRE)-- Second Sight Medical Products, Inc. (NASDAQ: EYES) ("Second Sight" or "the Company"), a developer, manufacturer and marketer of implantable visual prosthetics to restore some useful vision to blind patients, today announced plans to expand into Taiwan with Orient Europharma Co, Ltd. and Iran with Arshia Gostar Darman Co, Ltd. through exclusive agreements to distribute the Argus® II Retinal Prosthesis System ("Argus II").

In Taiwan, Orient Europharma is a well-established distributor deeply connected in the ophthalmology market. Taiwan is a densely populated state of 25 million people. Their... More