BIOPHTA Pioneers a Visionary Approach to Eye Disease Treatment

June 5, 2024, 9:34 am
BIOPHTA
BIOPHTA
AppCauseDeliveryDevelopmentDrugHealthTechITManufacturingMedTechPlatform
Location: France, Ile-de-France, Paris
Employees: 1-10
Founded date: 2020
Total raised: $7.09M
In a groundbreaking development, BIOPHTA, a cutting-edge preclinical biotech company based in Paris, has successfully secured a substantial €6.5 million in Seed funding to propel its innovative technology for treating eye diseases to new heights. This significant funding round, spearheaded by UI Investissement, Elaia, and GO Capital, with additional support from Unither Pharmaceuticals and HTL Biotechnology, marks a pivotal moment in BIOPHTA's journey towards revolutionizing ocular care.

Founded by the visionary duo of Jean Cuiné and Jean Garrec, BIOPHTA stands at the forefront of a new era in ophthalmology, leveraging their extensive expertise in the field to drive forward a transformative approach to treating eye diseases. With a focus on accelerating the first-in-human trial of topical ophthalmic inserts for glaucoma and advancing a second program targeting macular edema, BIOPHTA is dedicated to addressing the two primary causes of blindness on a global scale.

At the core of BIOPHTA's groundbreaking technology lies its proprietary "thiomer" biopolymers platform, which promises to redefine the standard of care for ocular diseases. The company's innovative ophthalmic insert, a 3mm diameter mini-tablet, represents a paradigm shift in ocular treatment, offering a noninvasive and self-administered therapy that delivers continuous and controlled drug doses for a remarkable 7-day duration.

With a focus on enhancing treatment efficacy and patient adherence, BIOPHTA's technology overcomes the challenges associated with traditional eye drops and invasive intraocular injections, offering a more convenient and effective solution for individuals suffering from eye diseases. By providing a unique approach to continuous drug micro-dosing, BIOPHTA aims to improve outcomes for patients while reducing the burden of treatment.

The recent Seed funding not only signifies a major milestone for BIOPHTA but also underscores the company's unwavering commitment to bringing sight-saving therapies to individuals in need of simple and efficient treatments. With the support of key investors and industry partners, BIOPHTA is poised to make a significant impact in the field of ophthalmology, offering hope to millions of individuals worldwide affected by vision impairment.

As BIOPHTA continues to push the boundaries of innovation in ocular care, the company's pioneering technology holds the potential to revolutionize the treatment landscape for a range of eye conditions, including allergic conjunctivitis, dry eye syndrome, post-cataract surgery, and age-related macular degeneration. With a strong foundation built on a series of prestigious awards and accolades, including recognition from the European Union, the US Academy of Medicine, and the French Ministry of Research, BIOPHTA is well-positioned to lead the way in addressing the global challenge of vision impairment.

In conclusion, BIOPHTA's recent Seed funding represents a significant step forward in the company's mission to transform the treatment of eye diseases and improve the lives of patients worldwide. With a visionary approach, a commitment to innovation, and a dedication to advancing ocular care, BIOPHTA is poised to make a lasting impact in the field of ophthalmology and bring hope to those affected by vision impairment.