EVS Glaucoma Therapeutics Closes Investment with CIT GAP Funds
Summary
EVS Glaucoma Therapeutics, a Herndon-based spinout of Euclid Vision Systems that develops a sustained delivery system for glaucoma medication, closed an investment with the Center for Innovative Technology’s GAP Funds.The amount of the funding was not disclosed.The company intends to use the funds to pursue further development of its delivery system.Led by Michael Ross, CEO, EGT develops an implantable, bio-degradable, collagen-based drug delivery system for Latanoprost, the leading prescribed glaucoma medication.FinSMEs 11/09/2013
Funding
Amount
-
Total raised
Date
September 11, 2013
Announcement date
Investors
CIT GAP Funds
Lead investors
Company
-
Funded company
Classifications
industries
Real Estate
applications
Web Shopping
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Linked Companies
Electronic Verification Systems (EVS)
$1M to $5M