Friday, May 24, 2019
Aequus Pharmaceuticals Inc. is pleased to announce an agreement for the Zepto Precision Pulse Capsulotomy device (“Zepto”) with The Kensington Eye Institute, a world renowned clinic and leader in Canada for cataract, glaucoma, and retina surgery. Additionally, Aequus is pleased to announce the extension of the Zepto distribution agreement with Mynosys, which prolongs the term to April, 2022.
“The Zepto Capsulotomy System has received positive feedback with our customers in specific types of cataract surgeries,” said Ian Ball, CCO of Aequus. “We’re proud to have the Zepto placed in one of the top clinics in Canada, where over 10,000 cataract surgeries are performed every year. Kensington has consistently been home to some of the top eye surgeons in the country and leads in the introduction and development on new technologies in ophthalmology. This placement, along with the extension of the distribution agreement, provides further validation of Aequus’ ability to successfully commercialize assets within Canada.”
“I am really pleased to have access to the Zepto system at Kensington,” said Dr. Rosa Braga-Mele, Director of Cataract Surgery at Kensington Eye Institute. “It has been really useful in my complex cataract surgeries and I'm looking forward to gaining further experience with Zepto.”
The extension of the Mynosys distribution agreement adds an additional year onto the previously agreed upon initial term of the agreement. Thereafter, the term will automatically renew for consecutive three-year terms given Aequus meets certain requirements set out in the agreement.
“We are delighted to announce that we have extended the relationship between the two companies,” said Pat Lydon, Vice President, Mynosys. “We have been tremendously impressed by the professionalism of the company – the excellence of the marketing and overall advocacy that Aequus has created for Zepto has gone beyond our expectations in a partner. We look forward to continuing our partnership to bring this much needed device to the market.”