OC

Ocumetics Technology Corp

OTC.V
TSXVHealth Care
$0.51
USD
-0.07(-12.07%)
At close: Apr 29, 00:00 UTC
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$12.51M

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About

Ocumetics Technology Corp. engages in the development of bio lenses to completely eliminate the need for corrective lenses, especially for people over 45 years of age. The company is headquartered in Calgary, Alberta. The company went IPO on 2018-08-29. The firm specializes in adaptive lens designs. The company is in the preclinical study stage of development of an intraocular lens. The company is focused on developing intraocular lenses for people over 45 years of age. The Ocumetics lens, which is an expandable intraocular lens that fits within the natural lens compartment of the eye to eliminate the need for corrective lenses. The company is designed to allow the eye’s natural muscle activity to shift focus from distance to nearby. The Lens consists of self-adapting suspension systems that modulate curvature change. The Lens’s suspension systems are comprised of cushions that are designed to conform to unique parameters of each recipient’s eye. When ciliary muscles relax, during sleep or when the eye focuses upon distant objects, the optical interface is compressed into its high energy state by expansion of the suspension system.

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