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LaunchLumiThera Inc. announces FDA authorization of Valeda Light Delivery System to improve vision in dry AMD patients.

Nov 05, 2024
PoulsboInformation TechnologyHealthcareHealth Care

Product Description

LumiThera Inc. has received FDA authorization for its Valeda Light Delivery System, the first-ever treatment for vision loss in patients with dry age-related macular degeneration (AMD). The device aims to improve best corrected visual acuity over 24 months, marking a significant advancement in non-invasive treatment options for disease progression.

Company Information

Company

LumiThera

Location

19578 10TH AVE NE, SUITE 200

Poulsbo, Washington, United States

About

LumiThera, Inc. is a commercial-stage medical device company initially focused on treating patients affected by dry age-related macular degeneration. The Company’s expertise is in the application of photobiomodulation (“PBM”), using non-invasive light emitting diodes (“LED”) for acute and chronic ocular diseases and disorders. The Company is developing an ophthalmic LED office-based instrument to be used in multiple ocular conditions or disorders as non-invasive medical treatments.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.