Oculight Launches US Subsidiary OCU L&C
Oculight announced the launch of OCU L&C, a fully-owned U.S. subsidiary. OCU L&C will focus on the commercialization of its products in the U.S.
Oculight is an ophthalmic medical device developer based in Korea founded in 2017 by Dr. Dong Heun Nam, a renowned ophthalmic surgeon and a professor at Gachon University Gil Medical Center. He developed Oculight’s leading device, the iChopper.
iChopper is a surgical endoilluminator with a chopping function for cataract surgery to provide intracameral illumination rather than the conventional microscopic illumination. “The human eyes are only the size of a coin and require[s] extremely delicate work. However, the conventional cataract surgery method cannot secure the full visibility of the eye during surgery,” said Dr. Nam. The iChopper may significantly decrease the complication rate by providing better visibility for the operating surgeon.
In 2020, Oculight began to commercialize the iChopper, and successfully developed a medical light source device to provide higher efficiency for the iChopper. In the upcoming years, Oculight expects to receive FDA regulatory clearance for the chopper and commercialize it in the U.S. through OCU L&C with selected local partners.