Overview • Proprietary FluidVision™ accommodating intraocular lens (A-IOL) • Only technology that restores “true accommodation” • No change to the surgical procedure or post-surgical patient management • Performance proven in over 100 implants • Strong IP position • Multi-billion dollar market potential • Experienced management team led by Barry Cheskin, President & CEO and Co-Founder CONFIDENTIAL – DO NOT DUPLICATE OR DISTRIBUTE Restoration of True Accommodation™ Key Feature Give Patients the Ability to See Near, Far and Anywhere in Between Maintain the Natural Mechanism of Accommodation What it Means • • Distance acuity 20/20 or better • Seamless vision from near to distance • • • • Shape change 2.5 diopters of accommodation – can see well at near (40 cm/16 inches) Intracapsular vs. sulcus fixated Ciliary muscle-powered “Forward” accommodation CONFIDENTIAL – DO NOT DUPLICATE OR DISTRIBUTE The PowerVision Approach • • • • • • Efficiently harness tiny natural muscular forces in the eye to move fluids inside the lens Translate that fluid movement into a shape change, which leads to a large change in power True shape change is many times more “optically efficient” than designs with a shifting/vaulting lens Creates a “continuously variable monofocal” Maintains the natural mechanism of accommodation Restores True Accommodation™ To see the FluidVision lens in action, visit www.powervisionlens.com CONFIDENTIAL – DO NOT DUPLICATE OR DISTRIBUTE How the FluidVision Lens Works • When the eye moves to its natural accommodated state, the capsular bag, which now contains our IOL, squeezes fluid from the pontoon-like haptics at the periphery of our IOL into the center • This inflates our lens, giving near vision • When the eye attempts to move to its disaccommodated state, the capsular bag squeezes fluid the other way • This deflates our lens, giving far vision CAPSULAR BAG ACCOMMODATED STATE (NEAR VISION) CONFIDENTIAL – DO NOT DUPLICATE OR DISTRIBUTE DISACCOMMODATED STATE (FAR VISION) PowerJect Delivery System • The FluidVision lens is paired with the novel PowerJect™ “injector” • The injector utilizes a unique fluid-based method of delivering the lens into the capsular bag • No change to the surgical procedure • Lens comes pre-loaded for ease of use INJECTOR PRE-LOADED LENS WITH CARTRIDGE CONFIDENTIAL – DO NOT DUPLICATE OR DISTRIBUTE Summary of Clinical Studies Study Purpose Sighted Eyes (monocular) Single Center Pilot Enrollment Completed 2013 Sighted Eyes (binocular) Single Center Pilot Enrollment Completed 2015 Sighted Eyes (monocular) Multi Center Pts Key Results/Comments • • Demonstrate device capability with monocular implantation 4.0 mm incision device Demonstrate device capability with binocular implantation 4.0 mm incision device, preloaded injector Support CE Mark 4.0 mm incision device, preloaded injector 67 Support CE Mark and IDE Approval 3.5 mm incision device, preloaded injector 60 Enrollment Completed 2014 Sighted Eyes (monocular/ binocular) Multi Center Device 26 • • • 8 • • • Demonstrated injectability Showed excellent monocular distance (20/20+), intermediate (20/25) and near (20/32-) Showed objective accommodation of >1D Demonstrated stability to 18 months See detailed slide Showed that a 1 line gain was available for near visual acuity, as expected Showed excellent binocular distance (20/20+), intermediate (20/20-) and near (20/25-) See detailed slide Showed excellent monocular distance (20/20+), intermediate (20/25) and near (20/32-) Early results consistent with pilot study See detailed slide Study initiated this month, no results to date Ongoing = Currently Enrolling CONFIDENTIAL – DO NOT DUPLICATE OR DISTRIBUTE Binocular Results – Pilot Study logMAR AVG -0.10 • Results at 1 month • Improvement due to binocular implant: 0.00 Gain of ~1 line at near Gain of ~½ line at intermediate 0.10 0.20 0.30 mono binoc DBCVA mono binoc DCIVA mono binoc DCNVA Chart From Nichamin, LD, “Update on Fluid Based Accommodating IOL Technology. Presented at AECOS Meeting, March 1 – 4, 2015, Aspen, Colorado CONFIDENTIAL – DO NOT DUPLICATE OR DISTRIBUTE 18 Month Data – Pilot Study Average Monocular BCDVA 5 0.00 4 Diopters -0.10 0.10 0.20 0.30 Accommodation by Defocus 3 2 1 0.40 0 1 3 6 12 18 Average Monocular BDCIVA -0.10 1 0.10 0.10 0.20 0.20 0.30 0.30 0.40 0.40 0.50 1 3 6 12 18 6 12 18 Average Monocular BDCNVA 0.00 0.00 3 1 3 6 12 18 Charts from Nichamin, LD, Roux, P, Potgieter, F, “Twelve to 18 month clinical follow-up on a fluid-filled injectable Accommodating IOL”, Presented at: ASCRS Symposium and Congress, April 17 – 21, 2015, San Diego, California CONFIDENTIAL – DO NOT DUPLICATE OR DISTRIBUTE 3 Month Data – CE Study 3-Month Monocular VA Data BCDVA DCIVA • DCNVA Multicenter study – -0.1 Visual Acuity, logMAR – 3 sites in South Africa 4 sites in Germany 0 0.1 • 47 patients at 3 months 0.2 • Monocular data 0.3 • Results similar to pilot data 0.4 0.5 Chart from Nichamin, LD, Roux, P, Potgieter, F, “Twelve to 18 month clinical follow-up on a fluid-filled injectable Accommodating IOL”, Presented at: ASCRS Symposium and Congress, April 17 – 21, 2015, San Diego, California CONFIDENTIAL – DO NOT DUPLICATE OR DISTRIBUTE Product Development Plans Post implant adjustment 2.8 mm incision Near visual acuity to 20/20 (binocular) Near Term 3.5 mm incision CONFIDENTIAL – DO NOT DUPLICATE OR DISTRIBUTE Longer Term Company Plans • The Company is enrolling its first patients with our 3.5mm injector system this month • CE mark expected first half of 2016 • U.S. FDA trials are also expected to begin in 2016 • Company recently completed $30MM of funding in its Series D round and is raising an additional $10MM as part of the same round CONFIDENTIAL – DO NOT DUPLICATE OR DISTRIBUTE
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