Oyster is a clinical stage pharmaceutical company focused on the discovery development & commercialization .
Oyster Point Pharma is a clinical-stage biopharmaceutical company focused on the discovery, development and commercialization of first-in-class pharmaceutical therapies to treat ocular surface diseases. Oyster Point Pharma’s lead product candidate, OC-01, a highly selective nicotinic acetylcholine receptor (nAChR) agonist, is being developed as a nasal spray to treat the signs and symptoms of dry eye disease. Dry eye disease is a chronic, progressive condition that impacts more than 30 million Americans and is growing in prevalence. OC-01’s novel mechanism of action re-establishes tear film homeostasis by activating the trigeminal parasympathetic pathway to stimulate the glands and cells responsible for natural tear film production, known as the Lacrimal Functional Unit (LFU).
| Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
|---|---|---|---|---|---|---|
| Feb 26, 2019 | Series B | $93M | 1 | — | — | Detail |
| Nov 7, 2017 | Series A | $22M | 1 |
Versant Ventures
|
— | Detail |
| Investor Name | Lead Investor | Funding Round |
|---|---|---|
Versant Ventures
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— | Series B |