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Caltech, IROC license corneal cross-linking patents to Avedro

Executive Summary

California Institute of Technology and IROC Innocross AG each licensed Avedro Inc. their corneal cross-linking-focused patents. The deals, along with the issuance of two new Avedro patents (which protect a method to release reactive oxygen species in the corneal tissue to control the rate of cross-linking) give Avedro one of the strongest corneal cross-linking patent portfolios in the industry.

Deal Industry
  • Medical Devices
  • Medical Devices
    • Surgical Equipment & Devices
      • Minimally or Less Invasive
Deal Status
  • Final
Deal Type
  • Alliance
    • R&D and Marketing (Licensing)

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