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Ocular Therapeutix brings in $14mm through its Series D round; adds money

Executive Summary

Ocular Therapeutix Inc. (focused on the delivery of ophthalmic drugs using hydrogel technology) has raised $14mm through its Series D venture round. New investor Ascension Health Ventures led and was joined by current shareholders including Polaris Ventures, SV Life Sciences, and Versant Ventures. The company will use the proceeds for Phase II trials of its sustained drug delivery system--a moxifloxacin-loaded punctum plug--later this year to reinforce safety and test efficacy, and to study the punctum plugs in the future for glaucoma, dry eye, and allergies.
Deal Industry
  • Biotechnology
  • Medical Devices
    • Biomaterials
    • Surgical Equipment & Devices
      • Surgical Sealants
  • Pharmaceuticals
    • Drug Delivery
      • Controlled Release
Deal Status
  • Final
Deal Type
  • Financing
    • Private Placement

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