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Materials
Gelest invests in contact lens firm OcuMedic
by Michael McCoy
October 19, 2019
| A version of this story appeared in
Volume 97, Issue 41
The specialty chemical maker Gelest has invested an undisclosed sum in OcuMedic, a New Jersey–based firm developing a drug-eluting soft contact lens that can replace eye drops. As part of the deal, Gelest will be OcuMedic’s exclusive supplier of acrylic monomers and reactive siloxanes used to produce the lenses. Gelest added to its silicone chemistry base in June when it acquired Bimax, a specialty acrylic monomer firm.
Chemical & Engineering News
ISSN 0009-2347
Copyright © 2024 American Chemical Society
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