APX Ophthalmology

Company Overview

Snapshot

Founded in October 2011 by Elie Eliachar and Ehud Assia, APX Ophthalmology operates with 1–10 employees. The company holds one patent and is currently in a non-active status as of May 2024.

Business overview

APX Ophthalmology develops a safe and easy-to-use pupil dilator and expander designed for ophthalmic surgical procedures. Its core product is a scissor-like device with blunt, rounded terminal tips and a Nitinol spring, which facilitates pupil dilation and expansion without intraocular manipulations, aiming to increase efficiency and safety during cataract surgeries. The company primarily serves the healthcare sector, specifically targeting ophthalmologists and clinics in the United States, operating within the Health Tech & Life Sciences sector, with a focus on medical devices and medical treatment.

Strategic signal

APX Ophthalmology ceased operations in May 2024, indicating a significant strategic shift or market challenge that led to the company's non-active status. This development signals to investors and innovation teams that the company is no longer pursuing its initial objectives related to ophthalmic device development.

Company Intelligence Q&A

What is the primary product developed by APX Ophthalmology?

APX Ophthalmology developed the APX 200, a scissor-like device designed for pupil dilation and expansion during ophthalmic surgical procedures, featuring blunt, rounded tips and a Nitinol spring.

When was APX Ophthalmology founded and by whom?

APX Ophthalmology was founded in October 2011 by co-founders Elie Eliachar and Ehud Assia.

What is the current operational status of APX Ophthalmology?

APX Ophthalmology became non-active in May 2024, ceasing its operations.

In which market does APX Ophthalmology primarily operate?

APX Ophthalmology primarily targets the United States market for its medical devices.

What is a key feature of the APX Ophthalmology device?

The APX Ophthalmology device is designed for easy insertion and removal, does not impede surgical instruments, and provides effective pupil dilation with a high safety profile, particularly for eyes with small pupils or floppy iris syndrome.