The NIH admission funds advancing and planned ytic activities and will be acclimated to:
“We are captivated to be alive with the advisers at the NIH and are acutely beholden of this admission as we aim to beforehand Orion and assignment against basal a final ytic abstraction to accretion FDA approval. With this grant, we are one footfall afterpiece to bringing Orion to a broader bazaar that potentially treats a articulation of the millions of dark individuals accepted who accept no added option,” declared Will McGuire, President and CEO of Second Sight.
About Second Sight
Second Sight Medical Products, Inc. (NASDAQ: EYES) develops, articles and markets implantable beheld prosthetics that are advised to bear advantageous bogus eyes to dark individuals. A accustomed all-around baton in neuromodulation accessories for blindness, the aggregation is committed to developing new technologies to amusement the broadest citizenry of sight-impaired individuals.
Second Sight’s Argus® II Retinal Prosthesis Arrangement is the alone FDA and CE Mark accustomed accessory for alleviative retinitis pigmentosa, with accurate implant backbone of assorted years. In 2016, the aggregation appear bristles year results. Today, several Argus II accessories accept been built-in and operational in bodies for added than 10 years. The aggregation is developing the Orion™ I Beheld Cortical Prosthesis which is advised to accommodate advantageous bogus eyes to individuals who are dark due to assorted causes. The company’s U.S. abode are in Los Angeles, and European abode are in Lausanne, Switzerland. Added advice is accessible at www.secondsight.com.
About Retinitis Pigmentosa
Affecting one in 4,000 individuals worldwide, retinitis pigmentosa (RP) is a rare, affiliated abiogenetic ataxia that amercement retinal beef alleged photoreceptors. Photoreceptors blot and catechumen ablaze into electrical signals beatific to added retinal cells, again through the optic assumption to the academician which processes them into images. Accepted aboriginal affection of RP, generally accomplished in childhood, accommodate adversity seeing at night and absent borderline vision. Later, the ache may advance to abashing of vision, adit vision, accident of axial eyes or accident of the adeptness to see colors. In abounding cases, astringent eyes problems action in aboriginal adulthood. RP may appulse an individual’s adeptness to accomplish capital tasks of circadian active such as reading, driving, walking after assistance, or acquainted faces and objects.
About the Argus II Retinal Prosthesis Arrangement
The Argus® II Retinal Prosthesis Arrangement is an established, FDA and CE mark accustomed retinal implant that delivers a advantageous ysis of bogus eyes to individuals who are dark due to astringent to abstruse retinitis pigmentosa (RP). The Argus II works in abode of absent photoreceptor beef and sends electrical pulses to absolute applicable retinal beef to abet beheld perception. The arrangement works by converting images captured by a miniature video camera army on glasses into a alternation of baby electrical pulses, which are transmitted wirelessly to an arrangement of electrodes built-in on the apparent of the retina. These pulses activate the retina’s absolute cells, enabling acumen of patterns of ablaze in the brain. The user learns to adapt these beheld patterns in adjustment to achieve some beheld function. The Argus platform, which leverages the unique, patented architecture of its 60-contact array, is accurate by added than 10 years of ytic acquaintance and has been evaluated in assorted associate advised publications. Argus II was additionally the aboriginal retinal neuromodulation prosthesis to accept boundless bartering approval and is anon accessible at added than 50 arch medical centers in North America, Europe, the Middle East and Asia. Further advice on the abiding allowances and risks can be begin in the associate advised cardboard at: http://www.sciencedirect.com/science/article/pii/S0161642016305796.
About the Orion Beheld Cortical Prosthesis Arrangement
Leveraging Second Sight’s 20 years of acquaintance in neuromodulation for vision, the Orion™ Beheld Cortical Prosthesis Arrangement is an built-in cortical dispatch accessory advised to accommodate advantageous bogus eyes to individuals who are dark due to a advanced ambit of causes, including glaucoma, diabetic retinopathy, optic assumption abrasion or disease, or forms of blight and trauma. The Orion Arrangement is advised to catechumen images captured by a miniature video camera army on glasses into a alternation of baby electrical pulses. The accessory is advised to bypass afflicted or afflicted eye ysis and to abode these electrical pulses wirelessly to an arrangement of electrodes built-in on the apparent of the brain’s beheld cortex, area it is advised to accommodate the acumen of patterns of light. A achievability abstraction of the Orion I accessory is currently underway at the Ronald Reagan UCLA Medical Center in Los Angeles and Baylor College of Medicine in Houston. No appear in-human abstracts is accessible yet for the Orion system. Based on the after-effects of this aboriginal in-human testing of the Orion I cortical dispatch device, the aggregation anticipates admission of the aing abstraction in 2019.
Forward attractive account
This columnist absolution contains advanced statements aural the acceptation of Section 27A of the Balance Act of 1933, as amended, and Section 21E of the Balance Exchange and Exchange Act of 1934, as amended, which are advised to be covered by the “safe harbor” created by those sections. All statements in this absolution that are not based on absolute actuality are “forward attractive statements.” These statements may be articular by words such as “estimates,” “anticipates,” “projects,” “plans,” “goal,” or “planned,” “seeks,” “may,” “will,” “expects,” “intends,” “believes,” “should,” and agnate expressions, or the abrogating versions thereof, and which additionally may be articular by their context. All statements that abode operating achievement or contest or developments that Second Sight expects or anticipates will action in the future, such as declared objectives or goals, or that are not contrarily absolute facts, are advanced statements. While administration has based any advanced statements included in this absolution on its accepted expectations, the advice on which such expectations were based may change. Advanced statements absorb inherent risks and uncertainties which could account absolute after-effects to alter materially from those in the advanced statements as a aftereffect of assorted factors, including those risks and uncertainties declared in the Risk Factors and in Management’s Discussion and Analysis of Financial Condition and After-effects of Operations sections of our Anniversary Report, on Analysis 10-K, filed on March 20, 2018, our best contempo 10-Q, filed on August 7, 2018, and our added letters filed from time to time with the Balance and Exchange Commission. We appetite you to accede those risks and uncertainties in evaluating our advanced statements. We attention readers not to abode disproportionate assurance aloft any such advanced statements, which allege alone as of the date made. Except as contrarily appropriate by the federal balance laws, we abandon any obligation or adventure to about absolution any updates or revisions to any advanced account independent herein (or elsewhere) to reflect any change in our expectations with attention thereto, or any change in events, conditions, or affairs on which any such account is based.
About the National Institutes of Health (NIH)
NIH, the nation’s medical ysis agency, includes 27 Institutes and Centers and is a basal of the U.S. Department of Health and Human Services. NIH is the primary federal bureau administering and acknowledging basic, clinical, and translational medical research, and is investigating the causes, treatments, and cures for both accepted and attenuate diseases. For added advice about NIH and its programs, appointment www.nih.gov.
Investor Relations:Institutional InvestorsIn-Site Communications, Inc.Lisa Wilson, PresidentT: 212-452-2793E: [email protected] InvestorsMZ North AmericaGreg Falesnik, Managing DirectorT: 949-385-6449E: [email protected]:Nobles All-around CommunicationsLaura Nobles or Helen ShikT: 617-510-4373E: [email protected]: [email protected]
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