Pilgrim Petroleum Corp. (PGPM)

[deafchild]

Implantable Vision Inc

(OTC: IMVS)
Contact Information
Implantable Vision Inc
25730 Lorain Road
North Olmsted, OH 44070
UNITED STATES
Tel. [phone]

Industry: Internet
Employees: 5

Implantable Vision, Inc. was incorporated on March 2, 1981 as Arrowhead Energy Corporation in the State of Utah. On December 16, 2005, the Company acquired JIGJIG. The Company changed its name to Implantable Vision, Inc. in December 2005 in connection with the acquisition of JIG. It is a development-stage company that is developing, and intends to commercialize, phakic intraocular lenses to capture a portion of the refractive surgical vision correction market. The Company has developed an innovative and proprietary technology platform that is the foundation for P-IOL products for the treatment of myopia and hyperopia. It has designed and is currently seeking regulatory approval for two P-IOL products: the TP.2 Phakic Lens and the Phakic Refractive Lens. The development of the TP.2 was the catalyst that led to the formation of our company and is its lead product. The TP.2 was designed to treat both major vision disorders: myopia and hyperopia. This product is undergoing international clinical testing, and the data from these clinical tests would be utilized to apply for a CE Mark, which would allow it to market and sell the TP.2 in Europe and other participating countries. It also plans to seek FDA approval for the TP.2, which would allow it to market and sell the TP.2 in the U.S. The Company's second product, the PRL, has not yet received FDA approval for commercial sale in the United States. However, it has received a CE Mark for marketing and sale in Europe and certain other participating countries. The Company relies on a combination of contractual provisions, confidentiality procedures and patent, trademark, copyright and trade secrecy laws to protect the proprietary aspects of its technology. As of November 12, 2007, Implantable Vision had five employees and one consultant.


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