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Nova Eye Medical Secures $6.6M to Accelerate US and German Expansion

6:17pm on Sunday 1st of June, 2025 AEST Medical Technology
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Nova Eye Medical Secures $6.6M to Accelerate US and German Expansion

6:17pm on Sunday 1st of June, 2025 AEST
Key Points
  • $6.6 million raised via two-tranche placement
  • Major shareholder commits A$1.1 million; directors contribute A$125,000
  • Global sales up 39% year-over-year, with 48% growth in the US
  • Glaucoma division expected to be profitable in H2 FY25
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