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Second Sight Medical Products (NYSE:EYES) - Why Second Sight Medical Has Skyrocketed 723% In 2 Trading Sessions


Share:
Second Sight Medical Products Inc (NASDAQ: EYES) shares have soared above 723% over the previous two trading sessions with the stock touching an intraday high of $14.83 on Monday. The shares registered a spike of nearly 103% as of Monday’s closing.
What Happened: The California-based developer and marketer of implantable visual prosthetics said on Friday that the United States Food and Drug Administration had approved its Argus 2s Retinal Prosthesis System.
The Argus 2s is used for the treatment of retinitis pigmentosa and is made up of glasses and a video processing unit to be used in combination with the company’s previously implanted Argus II system. ....

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Preview: A Second Sight Buyout Strategy | San Fernando Valley Business Journal


Second Sight Medical Products Inc. plans to combine with Pixium Vision SA, a French company, to pursue their common quest to develop bionic vision systems.
The Sylmar company is working on its next-generation vision prosthetic, called the Orion system, which is complementary to a retinal-based system being made by Pixium.
According to Acting Chief Executive Matthew Pfeffer, both companies have been aware of each other for many years and have had interactions in the past. The transaction will secure the future of both companies by reducing overhead costs and creating synergies, he said.
Read the full story in the March 1 issue of the San Fernando Valley Business Journal.  ....

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Pixium Vision and Second Sight Medical Products announce business combination, creating a global leader in the sight restoration market


Pixium Vision and Second Sight Medical Products announce business combination, creating a global leader in the sight restoration market
Aims to create a global leader with potential to treat nearly all forms of blindness
Combined company to trade on Nasdaq and benefit from business and development synergies in the U.S. and Europe
Transaction provides broader access to financing sources to enable the combined company to accelerate the development and commercialization of its products
Pixium Vision to remain listed on Euronext Growth and to be the largest shareholder of the new combined company listed on Nasdaq
Transaction expected to close in late Q1 or the beginning of Q2 2021 ....

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Investegate |Pixium Vision Announcements | Pixium Vision: Pixium Vision and Second Sight Medical Products announce business combination, creating a global leader in the sight restoration market


Pixium Vision
Pixium Vision and Second Sight Medical Products announce business combination, creating a global leader in the sight restoration market
Pixium Vision and Second Sight Medical Products announce business combination, creating a global leader in the sight restoration market
Pixium Vision and Second Sight Medical Products announce business combination, creating a global leader in the sight restoration market
Aims to create a global leader with potential to treat nearly all forms of blindness
Combined company to trade on Nasdaq and benefit from business and development synergies in the U.S. and Europe
Transaction provides broader access to financing sources to enable the combined company to accelerate the development and commercialization of its products ....

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