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Nova Eye Medical Secures $6.6M to Accelerate US and German Expansion
10:21am on Friday 31st of January, 2025 AEDT
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Medical Technology
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Nova Eye Medical Secures $6.6M to Accelerate US and German Expansion
10:21am on Friday 31st of January, 2025 AEDT
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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Nova Eye Medical (ASX:EYE)
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