Wize Pharma

Treatments for Ophthalmic Disorders

Health Tech & Life Sciences
Acquired (Inactive) by - on Mar 2021 - closed due to acquisition
Acquired Hod HaSharon Founded 1982
Total raised
$5.2M
Last: PIPE 2019-12
Stage
Acquired
Founded
1982
Headcount
3
HQ
Hod HaSharon
Sector
Health Tech & Life Sciences

About

Wize Pharma is a clinical-stage biopharmaceutical company currently focused on the treatment of ophthalmic disorders, including dry eye syndrome (DES) and other inflammatory conditions. Wize has in-licensed certain rights to purchase, market, sell, and distribute a formula known as LO2A, a drug developed for the treatment of DES and other ophthalmological illnesses, including CCH and Sjgrens syndrome. LO2A is currently registered and marketed in Germany and Switzerland for the treatment of DES; in Hungary for the treatment of DES, CCH, and Sjgrens; and in the Netherlands for the treatment of DES and Sjgrens. Wizes strategy involves engaging local or multinational distributors to handle the distribution of LO2A. The company has finished a phase 2 trial of LO2A for patients with CCH and is currently conducting a phase 4 study of LO2A for DES in patients with Sjgrens. LO2A was developed by Prof. Shabtay Dikstein of the Hebrew Universitys School of Pharmacy as a substitute for natural tears to lubricate and protect ocular surface tissues.

Funding history · 2 rounds · $5.2M total

2019-12
PIPE $760K
2018-10
PIPE $4.5M

Sectors & technology

Primary sector
Health Tech & Life Sciences
Sub-sectors
Health Tech & Life SciencesPharma & Medical BiotechnologyDrugs Discovery & Development
Technologies
Materials & Substances
Target customers
Healthcare & Life SciencesLife SciencesPharmaceuticals
Business model
B2BB2C

Tags

pharmaceuticalsbiopharmaceuticalpatientstreatmentsophthalmologydrug-developmentinflammatory-diseaseseye-diseasesdoctors