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Financing and Stock Offerings

'Bionic eye' maker Second Sight of Sylmar files for IPO

'Bionic eye' maker Second Sight of Sylmar files for IPO

"Bionic eye" manufacturer Second Sight Medical Products Inc. wants to offer its stock to the public.

The Sylmar company makes a prosthetic retina that improves vision for patients with a rare disease called retinitis pigmentosa. It filed for an initial public offering with the Securities and Exchange Commission on Monday.

Second Sight's Argus II system was approved by the Food and Drug Administration last year. The system, which includes a video camera and transmitter mounted on eyeglasses, translates light and movement into electrical signals that are sent to electrodes implanted in a patient's retina.

"We are very pleased to have filed our [IPO]...