EternaTear is developing a next-generation therapy for the over-the-counter dry eye market.
EternaTear is developing a next-generation therapy for the over-the-counter dry eye market.Dry eye is the inability of the tear film and lids to protect the surface of the eye, resulting in itching, burning, and pain. With a dozen or more underlying causes, dry eye is notoriously difficult to diagnose and treat, and if left untreated, it can lead to permanent corneal damage. Patients with even moderate dry eye can suffer from debilitating symptoms that lead to a drastically reduced quality of life. Current treatment options are limited, and most patients rely on over-the-counter eye drops for temporary relief. But because they neither treat the root cause nor appropriately address the symptoms, current products on the market fail to provide adequate relief and must be reapplied as often as 6-12 times every day.By pairing proven technologies with pioneering research, EternaTear™ is developing a product that is closest to natural tears. Using a previously unrecognized mechanism, EternaTear™ can remain on the eye for an extended period of time, reducing the number of applications per day and giving Dry Eye patients lasting relief.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
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Oct 11, 2020 | Series A | $4.90M | 1 | Keiretsu Forum | — | Detail |
Investor Name | Lead Investor | Funding Round |
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Keiretsu Forum | Yes | Series A |