Eyeonics files plan with SEC for IPO
From Times Staff and Wire Reports
Eyeonics Inc., a medical device company based in Aliso Viejo, filed a plan with regulators to sell as much as $86.3 million in stock in an initial public offering.
Eyeonics makes lenses that can be implanted in the eye after the natural lens develops cataracts. The company says its crystalens model is the first lens approved by U.S. regulators that can correct presbyopia, which makes it hard for people in their 40s and older to see close-up objects. In the first half of 2006, Eyeonics had a $3.5-million loss on revenue of $13.6 million.
