Second Sight Medical Products Merges With Nano Precision Medical to Form Vivani Medical
August 30, 2022
Second Sight Medical Products entered into a definitive all-stock agreement to acquire full ownership of privately held Nano Precision Medical, with NPM surviving the merger. The combined company (later renamed Vivani Medical) will focus on development of drug and device medical implants for chronic diseases, including NPM-119 for Type 2 diabetes and continued exploration of Second Sight’s Orion visual prosthesis.
- Buyers
- Second Sight Medical Products, Inc.
- Targets
- Nano Precision Medical, Inc.
- Industry
- Healthcare Services
- Location
- California, United States
- Transaction Type
- Buyout
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