NanoVision Group and OVI Lens enter into advanced technology collaboration and license agreement

Moscow, Russia - NanoVision Group and OVI Lens, Italy, have reached an agreement for the manufacturing and distributing ophthalmic products, as well as for a collaboration on new technology development.

The partnership will enable OVI Lens to manufacture advanced, world-class bandage and therapeutic contact lenses under the umbrella of NanoVision Group. From September 2014, NanoVision will distribute OVI Lens's Quotidia® therapeutic, Quotidia® Daily Aloe, Quotidia® Therapeutic Aloe and Quotidia® Scleral Aloe contact lenses in Asia, Europe and the Middle East under the NanoVision brand and on an exclusive or co-exclusive basis, depending on the market.

OVI Lens’s portfolio integrates NanoVision’s planned extensive line of hydrophobic and hydrophilic acrylic IOLs, including the Hoffer Lens, NanoLens, and 3D Lens brands of IOLs for implantation after cataract removal as well as the line of proprietary VIZUM® Excimer and femtosecond laser systems for refractive, corneal and cataract surgery.

“Part of our growth strategy is to broaden our product portfolio and meet the growing demands of both hospitals and ambulatory surgery centers. This strategic alliance will enhance our manufacturing supply chain efficiency and accelerate new product development. OVI Lens is an ideal partner to assist NanoVision in broadening our offer and driving costs out of our supply chain,” says Dimitrii Dementiev, MD, Chairman of NanoVision Group.

About OVI Lens

Since the company was founded in 2011, OVI Lens has focused on the improvement in the quality of sight and surgical outcomesIn 2012, OVI Lens completed its products portfolio with Quotidia® therapeutic, Quotidia® Daily Aloe, Quotidia® Therapeutic Aloe e Quotidia® Scleral Aloe allowing patients to better recovery after surgical interventions. This was a significant technological step forward for the surgical world and the patients. OVI Lens is currently developing new applications of this breakthrough technology.

About NanoVision

NanoVision Group is a global eye health company focused on protecting, enhancing, and restoring peoples’ sight.

NanoVision develops, manufactures and markets one of the most comprehensive product portfolios in the industry which includes innovative and versatile laser-based medical systems, sustained drug delivery devices, intraocular lenses and ophthalmic surgical devices and instruments for the ophthalmology market. Founded in 2011, the company is headquartered in Moscow, Russia.

NanoVision LLC, Russia
Berezovaya Alleya str. 5A, 127273 Moscow, Russia
Tel. +7 (495) 287.75.42
www.nanovisiongroup.com

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