Ophthalmology Startup Raises $7.9M in Capital for Retinal Microneedle Project

Alpharetta, Ga.-based ophthalmology startup Clearside Biomedical announced it has raised $7.9 million in capital and may raise more than another half million to run clinical trials of its microneedle ocular injection treatments for retinal diseases.

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The microneedles deliver medication directly between the choroid and sclera to treat retinal disease and are hoped to be more effective than eye drops and less invasive than hypodermic needles or surgery. Trials of its product CLS1001 are expected to begin this quarter.

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