Welcome to our dedicated page for Sight Sciences news (Ticker: SGHT), a resource for investors and traders seeking the latest updates and insights on Sight Sciences stock.
Sight Sciences, Inc. (SGHT) pioneers transformative ophthalmic devices for glaucoma and dry eye treatment, merging surgical precision with evidence-based therapeutic solutions. This page serves as the definitive source for SGHT-related news, offering stakeholders timely updates on advancements shaping eye care innovation.
Access press releases, clinical trial results, and regulatory milestones covering minimally invasive glaucoma surgery (MIGS) technologies like the OMNI Surgical System and the TearCare System for dry eye management. Our curated collection ensures professionals and investors stay informed about product approvals, peer-reviewed research, and strategic partnerships driving the company’s growth.
Explore updates across key areas including surgical device innovations, real-world clinical data, and regulatory filings. Each announcement is vetted for relevance, providing actionable insights into SGHT’s market position and technological leadership in interventional eyecare.
Bookmark this page for streamlined access to Sight Sciences’ latest developments. Regularly updated with authoritative content, it empowers users to track progress in ophthalmic treatment solutions backed by clinical validation and engineering excellence.
Sight Sciences reported first quarter 2024 financial results, generating $19.3 million in total revenue, an increase of 2% compared to the prior year. The company achieved an 86% total gross margin and reduced cash used to $10.8 million. Additionally, a positive jury trial verdict was received in a patent infringement case, awarding $5.5 million in lost profits and $28.5 million in royalty damages. Clinical highlights included successful results from MIGS studies and the TearCare System trials. Despite a 32% decrease in Dry Eye revenue, the company remains optimistic about growth opportunities in the Surgical Glaucoma and Dry Eye segments for 2024.
Sight Sciences, Inc. (Nasdaq: SGHT) won a $34 million patent infringement case against Alcon for their Hydrus Microstent in a positive jury trial verdict. The damages include $5.5 million in lost profits and $28.5 million in royalty damages. The verdict is subject to appeal.
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