Lausanne-based clinical-stage biopharmaceutical startup Oculis has secured €13.8 million in Series B annexe funding round by led Tekla Capital Management, with participation from Nan Fung Life Sciences and existing investors. The startup aims to expand capacity and develop topical treatments for major ophthalmic diseases with the fund.
OCS-01 – counters Diabetic Macular Edema (DME)
DME is an advanced stage of diabetic retinopathy resulting in swelling (edema) in an area of the retina called the macula. Currently, under clinical trial, OCS-01 has been developed using Solubilizing Nanoparticle Technology (SNP) that enables non-invasive topical treatments for DME and improves their bioavailability in the pertinent eye tissues. Besides, OCS-01 is also an impending treatment for Post-cataract Surgery Inflammation.