ReVision Optics, maker of the Raindrop near vision inlay, has folded, according to an announcement on the company’s website.
“It is with regret that we have to close our doors,” the announcement reads. “The Raindrop inlay will not be sold to ophthalmic practices or distributors as of Tuesday, January 30, 2018.”
The FDA approved the Raindrop inlay in June 2016, making it the second implantable corneal device for the correction of near vision in patients who have not had cataract surgery, and the first device to change the shape of the cornea to correct vision.
With the company’s closure, the Raindrop Rebate will no longer be honored, the announcement said.
Any questions can be addressed to the ReVision hotline at 1-866-934-6592 through April 30.
AcuFocus, as the only other company with a corneal inlay approved by the FDA for presbyopia, thanked the team at ReVision for the work they it contributed to the field in a statement.
“We feel fortunate to have had the opportunity to work with their team over the years to build the market. Great strides have been made in that time, and we look forward to carrying the torch on in their honor as we continue to pioneer this segment,” the statement reads.
Editor’s note: This article has been updated to include a statement from AcuFocus.