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Avedro Landed a CE Mark in The European Union for Its Non-Surgical Myopia Treatment Device

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Core Tip: Avedro (Waltham, MA) landed a CE Mark in the European Union for its non-surgical myopia treatment device. The device, dubbed KXL II, can perform a photorefractive intrastro

Avedro (Waltham, MA) landed a CE Mark in the European Union for its non-surgical myopia treatment device. The device, dubbed KXL II, can perform a photorefractive intrastromal cross-linking procedure, allowing for the correction of myopia. In addition, the device can be used to improve outcomes for cataract surgery.

In March, Avedro raised $43 million in a funding round. That round was led by Abingworth and Third Point.

"The KXL II and PiXL procedure continue our mission to make refractive correction truly non-surgical. Treating myopia and other refractive disorders with PiXL has the potential to open up refractive correction to millions of people who have never considered Lasik surgery before, but would consider a non-surgical alternative," stated CEO David Muller.

Avedro is a privately-held company that manufactures a variety of pharmaceuticals and medical devices. The KXL and some of the company’s pharmaceuticals are currently being used in Phase III clinical trials in the United States.

 
 
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