LAL

RxSight, Inc. Reports First Quarter 2024 Financial Results

Retrieved on: 
월요일, 5월 6, 2024

ALISO VIEJO, Calif., May 06, 2024 (GLOBE NEWSWIRE) -- (NASDAQ: RXST) – RxSight, Inc., an ophthalmic medical device company dedicated to providing high-quality customized vision to patients following cataract surgery, today reported financial results for the three months ended March 31, 2024.

Key Points: 
  • ALISO VIEJO, Calif., May 06, 2024 (GLOBE NEWSWIRE) -- (NASDAQ: RXST) – RxSight, Inc., an ophthalmic medical device company dedicated to providing high-quality customized vision to patients following cataract surgery, today reported financial results for the three months ended March 31, 2024.
  • Revenue growth was driven by a 92% increase in LAL revenue and a 35% increase in LDD revenue, compared to the first quarter of 2023.
  • Cash, cash equivalents and short-term investments as of March 31, 2024, were $125.4 million compared to $127.2 million at December 31, 2023.
  • On Monday, May 6, 2024, at 1:30 p.m. Pacific Time, the company will host a conference call to discuss its first quarter 2024 financial results.

Fujifilm and Predictive Oncology Announce Collaboration to Reduce Protein Interference in Bacterial Endotoxin Detection Testing of Biopharmaceuticals

Retrieved on: 
목요일, 4월 25, 2024

Corporation (Fujifilm), a supplier of high purity chemicals and reagents, and Predictive Oncology Inc., (NASDAQ: POAI), a leader in AI-driven drug discovery and biologics, announced today that the companies have entered into a collaboration and co-marketing agreement to reduce protein interference in bacterial endotoxin testing of biopharmaceutical products.

Key Points: 
  • Corporation (Fujifilm), a supplier of high purity chemicals and reagents, and Predictive Oncology Inc., (NASDAQ: POAI), a leader in AI-driven drug discovery and biologics, announced today that the companies have entered into a collaboration and co-marketing agreement to reduce protein interference in bacterial endotoxin testing of biopharmaceutical products.
  • Per the terms of the agreement, Predictive Oncology will utilize its novel EndoPrep™ sample treatment technology (EndoPrep), together with Fujifilm’s PYROSTAR™ bacterial endotoxin detection reagent (PYROSTAR), to detect residual endotoxins more accurately in biopharmaceuticals by eliminating protein interference from the drug product in the detection assay.
  • The Limulus Amebocyte Lysate (LAL) test is recognized by the U.S. Pharmacopeia (USP) for determining endotoxin levels in many biopharmaceuticals.
  • *Compared to traditional industry standards of utilizing heat-treatment or dilution to remove the interference of high protein.

RxSight Announces Commercial Launch of its Newest Light Adjustable Lens™, the LAL+™, and Features Multiple Doctor Presentations at the Upcoming ASCRS Annual Meeting

Retrieved on: 
목요일, 4월 4, 2024

The company now offers two lenses in the Light Adjustable Lens platform: the LAL® and the Light Adjustable Lens+™ (LAL+).

Key Points: 
  • The company now offers two lenses in the Light Adjustable Lens platform: the LAL® and the Light Adjustable Lens+™ (LAL+).
  • In addition, RxSight’s Light Adjustable Lens system, comprised of the RxSight Light Adjustable Lens® (LAL/LAL+), RxSight Light Delivery Device (LDD™) and accessories, will be the subject of various doctor presentations at the annual meeting of the American Society of Cataract and Refractive Surgery (ASCRS) in Boston on April 5-8, 2024.
  • At this year's ASCRS meeting, the company anticipates more than 20 scientific papers, posters, and presentations on the topic of the Light Adjustable Lens, including:
    Benefits of Performing Arcuate Incisions with a Dual-Pulsed Femtosecond Laser on Patients Receiving a Light Adjustable Lens.
  • A schedule of these presentations, which are not affiliated with the official ASCRS program, is available here and at the company’s booth throughout ASCRS.

RxSight, Inc. Reports Fourth Quarter and Full Year 2023 Financial Results

Retrieved on: 
수요일, 2월 28, 2024

Revenue growth was driven by a 52% increase in LDD revenue and a 98% increase in LAL revenue compared to the fourth quarter of 2022.

Key Points: 
  • Revenue growth was driven by a 52% increase in LDD revenue and a 98% increase in LAL revenue compared to the fourth quarter of 2022.
  • Gross profit for the fourth quarter of 2023 was $17.7 million or 62% of revenue, an increase of $10.2 million or 138% compared to gross profit of $7.4 million or 46% of revenue for the fourth quarter of 2022.
  • Total operating expenses for the fourth quarter of 2023 were $28.5 million, a 27% increase from $22.4 million in the fourth quarter of 2022, reflecting the company’s ongoing investments to grow its LDD installed base and support increased LAL procedure volumes.
  • On Wednesday, February 28, 2024, at 1:30 p.m. Pacific Time, the company will host a conference call to discuss its fourth quarter 2023 and full year 2023 financial results.

New Bioscience Lab Expands Access to Fast, Affordable Bioscience Testing

Retrieved on: 
목요일, 2월 29, 2024

MIAMISBURG, Ohio, Feb. 29, 2024 /PRNewswire-PRWeb/ -- Bioscension Laboratory Services (Bioscension) today announced the opening of a full-service bioscience testing lab in Miamisburg, Ohio. The lab, which is built with extensive capacity, offers critical services such as bioburden, protein, total organic carbon (TOC), hemoglobin, and LAL testing at a reduced rate to combat increasing prices and excess demand in the lab testing industry.

Key Points: 
  • Newly Opened Lab in Miamisburg, Ohio, Promises Easier Access to More-Economical Bioscience Testing
    MIAMISBURG, Ohio, Feb. 29, 2024 /PRNewswire-PRWeb/ -- Bioscension Laboratory Services (Bioscension) today announced the opening of a full-service bioscience testing lab in Miamisburg, Ohio.
  • The lab, which is built with extensive capacity, offers critical services such as bioburden, protein, total organic carbon (TOC), hemoglobin, and LAL testing at a reduced rate to combat increasing prices and excess demand in the lab testing industry.
  • Bioscience services such as protein, hemoglobin, TOC, and bioburden testing are essential to the development work of medical technology companies, pharma companies, and others.
  • Many companies, especially smaller ones, have experienced the bottle necks associated with the growth in demand for bioscience testing due to increased FDA requirements and industry growth.

American Vision Partners Now Offering the Light Adjustable Lens, Customized Vision after Cataract Surgery

Retrieved on: 
목요일, 2월 8, 2024

PHOENIX, Feb. 8, 2024 /PRNewswire-PRWeb/ -- Barnet Dulaney Perkins Eye Center, an American Vision Partners affiliate, is now offering the Light Adjustable Lens™ from RX Sight, a new intraocular lens that provides the opportunity to adjust and customize vision after cataract surgery.

Key Points: 
  • Barnet Dulaney Perkins Eye Center, an American Vision Partners affiliate, is now offering the Light Adjustable Lens™ from RX Sight, a new intraocular lens that provides the opportunity to adjust and customize vision after cataract surgery.
  • PHOENIX, Feb. 8, 2024 /PRNewswire-PRWeb/ -- Barnet Dulaney Perkins Eye Center, an American Vision Partners affiliate, is now offering the Light Adjustable Lens™ from RX Sight, a new intraocular lens that provides the opportunity to adjust and customize vision after cataract surgery.
  • The Light Adjustable Lens™ (LAL) is an advanced technology lens option for cataract and refractive lens exchange patients.
  • Light Adjustable Lens patients will undergo standard cataract surgery, followed by additional light treatments to achieve their desired vision results.

Charles River Introduces the First Rapid Animal-Free Bacterial Endotoxin Test

Retrieved on: 
월요일, 1월 29, 2024

Designed to deliver rapid, quantitative results, the rCR cartridges are pre-loaded with all the reagents required to perform an endotoxin test, eliminating need for preparation of multiple reagents, and reducing the opportunity for technician error.

Key Points: 
  • Designed to deliver rapid, quantitative results, the rCR cartridges are pre-loaded with all the reagents required to perform an endotoxin test, eliminating need for preparation of multiple reagents, and reducing the opportunity for technician error.
  • Historically, endotoxin testing has relied on the Atlantic horseshoe crab, whose blood contains LAL, an aqueous extract of blood cells.
  • Charles River continues to apply the highest scientific standards when offering new and innovative products in its BET portfolio.
  • “The launch of Charles River’s Endosafe® Trillium™ cartridge revolutionizes the way the industry approaches endotoxin testing while strengthening our united commitment to sustainability initiatives.

RxSight, Inc. Announces Preliminary Unaudited Fourth Quarter and Full-Year 2023 Financial and Operational Results and 2024 Guidance

Retrieved on: 
일요일, 1월 7, 2024

ALISO VIEJO, Calif., Jan. 07, 2024 (GLOBE NEWSWIRE) -- RxSight, Inc., an ophthalmic medical device company dedicated to providing high-quality customized vision to patients following cataract surgery, today announced certain preliminary unaudited financial and operational results for the fourth quarter and full-year 2023 and provided full-year 2024 guidance.

Key Points: 
  • ALISO VIEJO, Calif., Jan. 07, 2024 (GLOBE NEWSWIRE) -- RxSight, Inc., an ophthalmic medical device company dedicated to providing high-quality customized vision to patients following cataract surgery, today announced certain preliminary unaudited financial and operational results for the fourth quarter and full-year 2023 and provided full-year 2024 guidance.
  • Preliminary unaudited cash, cash equivalents and short-term investments as of December 31, 2023, is expected to be $127.2 million.
  • RxSight anticipates full-year 2024 revenue of $128.0 million to $135.0 million, reflecting growth of approximately 44% to 52% over 2023.
  • Audited full-year 2023 and unaudited fourth quarter 2023 financial results are anticipated to be announced in February 2024.

RxSight, Inc. Reports Third Quarter 2023 Financial Results

Retrieved on: 
목요일, 11월 9, 2023

The company increased its full-year 2023 guidance range for revenue and gross margin; operating expense guidance was narrowed.

Key Points: 
  • The company increased its full-year 2023 guidance range for revenue and gross margin; operating expense guidance was narrowed.
  • Cash, cash equivalents and short-term investments as of September 30, 2023 were $131.9 million compared to $147.1 million as of June 30, 2023.
  • In the third quarter of 2023, the company raised approximately $11.7 million, net of fees and expenses, through the sale of common stock under its At-the-Market facility.
  • On Thursday, November 9, 2023, at 1:30 p.m. Pacific Time, the company will host a conference call to discuss its third quarter 2023 financial results.

T. Hunter Newsom, MD Returns to His Hometown and Joins His Father, Dr. William Newsom of Eye Associates of Gainesville, Bringing Innovative Technologies to Alachua County

Retrieved on: 
금요일, 12월 15, 2023

GAINESVILLE, Fla., Dec. 15, 2023 /PRNewswire-PRWeb/ -- T. Hunter Newsom, MD, a distinguished Tampa-based ophthalmologist and founder of Newsom Eye, has returned to his hometown of Gainesville, Florida, and is adding a new location, Eye Associates of Gainesville. Dr. T. Hunter Newsom brings a wealth of expertise in advanced eye care, including the pioneering Light Adjustable Lens and Collagen Cross-Linking (CXL) for keratoconus patients, and will be working alongside his father, William Newsom, MD.

Key Points: 
  • T. Hunter Newsom, MD, a board-certified ophthalmologist, specializes in cataract, LASIK surgery, and the EVO Implantable Contact Lens (ICL) procedures.
  • T. Hunter Newsom, MD, alongside his wife Stacy Newsom, both alumni of the University of Florida, cherish deep ties with the community.
  • Under T. Hunter Newsom MD's leadership, Newsom Eye has been at the forefront of ophthalmological advancements, participating in multiple FDA studies.
  • The collaboration between T. Hunter Newsom, MD and Eye Associates of Gainesville marks a new chapter in providing top-tier eye care in the region.