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Saturday / May 21.
HomeminewsSecond Sight 163% Revenue Increase

Second Sight 163% Revenue Increase

Second Sight Medical Products, the US manufacturer of the Argus II implantable visual prosthetic (pictured) has announced a net revenue increase of 55 per cent to US$2.4 million in the fourth quarter of 2015. Net revenue for the full year 2015 grew 163 per cent to $8.9 million.

In its fourth quarter announcements, Second Sight confirmed it had implanted 21 Argus II Retinal Prosthesis Systems worldwide during the fourth quarter of 2015, bringing total implants to 75 in 2015. This compares to 15 implants in the fourth quarter of 2014 and a total of 29 implants in 2014, representing implant volume growth of 40 per cent and 159 per cent respectively.

The company added two new implanting centres during the fourth quarter of 2015, completing the year with 33 centres worldwide, compared to 18 at the end of 2014.

Second Sight announced it had successfully implanted four of its five subjects in the Company’s Dry Age-Related Macular Degeneration (AMD) clinical trial in the U.K.

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