Oxford Finance LLC (Oxford), a specialized financial firm that provides senior debt to life sciences and healthcare companies worldwide, announced the completion of a $60 million senior guaranteed term loan with RxSight, Inc. (RxSight or Company), a privately-owned, portable medical generation company that has announced the world’s first FDA-approved adjustable intraocular lens (LIO) and a custom design after cataract surgery. The budget will be used for general current capital, adding sales and marketing, and studies and development.
The Companys project is to revolutionize high-end cataract surgery by allowing surgeons to team up with their patients to achieve optimized effects for each single eye. RxSight Light Adjustable Lens provides amazing visual effects Patients can now customize their vision after a cataract surgery until it meets their non-public needs and lifestyle requirements. This optimization is performed through an ophthalmologist after lens implantation thanks to a series of gentle repair procedures in the workplace that take only a few minutes each.
RxSights lightweight adjustable lenses provide invaluable advancement in the cataract surgery market, Christopher A said. Herr, managing director of Oxford Finance, needs.
Today, about a hundred leading U. S. surgeons have been able to find a problem. But it’s not the first time They use the adjustable lens to provide exceptional personalized vision to their cataract patients. We are very pleased to be able to work with Oxford Finance for a secure additional investment to drive continued commercial expansion and technological inventions for high-end market cataract surgery,” said Shelley Thunen, Chief Financial Director of RxSight.
About Oxford Finance LLC
Oxford Finance is a specialized financial company that offers world-class guaranteed loans to public and personal life sciences and fitness companies around the world. For more than 20 years, Oxford has provided flexible financing responses to its clients, allowing them to maximize their capital by leverage their assets. In recent years, Oxford has provided more than $6 billion in loans, with lines of credit ranging from $5 million to $150 million. Oxford is headquartered in Alexandria, Virginia, with more offices in San Diego, California; Palo Alto, California; and the main spaces of Boston and New York. For more information, visit https://oxfordfinance. com/
About RxSight, Inc.
RxSight, Inc. , Aliso Viejo, CA is a personal medical generation company aimed at the progression and commercialization of the world’s first and only adjustable intraocular lens (LIO). The RxSight LIO optimizes a patient’s vision after crystalline implantation and healing, using the exclusive RxSights Soft Scattering Device to, as it should be, reshape the implanted lens and download a custom recipe for optimal vision results.
Additional information about RxSight can be found at www. rxsight. com.
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Foresite Capital, a life sciences investment firm that budgets visionary fitness entrepreneurs, announced the hiring of Alisa Mall as executive director of corporate strategy.
Alisa is a former Carnegie Corporation of New York, where she was Executive Director for more than 11 years, specializing in the management of corporate portfolios of real estate and herbal resources, as well as inflation methods and absolute return methods. with business development, long-term capital strategy, investor relations and ESG commitment. Early in her career, she was a lawyer in California with Orrick Herrington
Alisa is a star of the endowment and base community, said Jim Tananbaum, CEO and CEO of Foresite Capital. She brings a rich delight and an exclusive attitude to our team. We are honored that you have selected to register with us and take a look before running in combination to fund the marketing specialists who are transforming fitness care.
At Carnegie, Alisa oversaw diversity and inclusion efforts to promote investment groups and companies. His achievements in this domain come with the progression and implementation of a procedure to compare investment managers in their internal diversity and inclusion efforts and support emerging managers in their efforts. to integrate ESG’s most productive practices into their businesses. You will continue similar efforts at Foresite Capital to promote diversity, equity and inclusion in life sciences and fitness care.
Foresite Capitals’ portfolio includes the next generation of corporations that are reshaping health care, using the knowledge science team to do so, Alisa Mall said. The opportunity to enroll in this team and the assistance to continue with your project to promote measurable positive effects and quality of life was something I could not resist.
About Foresite Capital
Foresite Capital’s budget visionary fitness entrepreneurs. With approximately $3 billion in assets under management, Foresite Capital has a team of doctors, engineers, analysts and partners who advise companies at all stages of their lifecycle. The company is headquartered in San Francisco. For more information, visit www. foresitecapital. com.
NextInput, Inc. , a leader in MEMS-based sensing solutions, announced that cumulative shipments of the company’s aircraft exceeded the 30 million-unit mark in November, a 50% increase in overall unit shipments in just 3 months. successful first quarter in the third quarter and is expanding its forecast for the year to reflect a 250% profit expansion by 2020.
Our 250% profit expansion, acceleration of unit shipments, and resulting profitability obviously demonstrate our traction in the market as consumers continue to design with our technology, says Ali Foughi, CEO and founder of NextInput. We are intensely focused on expanding our IHM. platform with disruptive detection responses and will soon build our footprint with new state-of-the-art sensors.
About NextInput
Silicon Valley-based NextInput, Inc. provides MEMS-based sensing responses for the consumer, automotive, mobile, robotics, IoT, medical, and commercial markets.
2020 NextInput, Inc. All rights reserved. NextInput, ForceTouch” and ForceGauge
Source: NextInput, Inc.
Rite Aid (NYSE: RAD) has rented to Texanna Reeves, a renowned leader in diversity and inclusion, to expand and implement the organization’s overall diversity, inclusion and club strategy. Rite Aid continued to hire senior executives to advance its broader RxEvolution strategy, and the addition of Reeves points to the organization’s commitment to sustainable systemic replacement as a key component of its overall transformation.
Diversity and inclusion are a must in everything we do at Rite Aid,” said Jessica Kazmaier, executive vice president and human resources director at Rite Aid. To better serve our communities, our business will need to reflect those communities. Texanna will help elevate and focus our global efforts to be an equivalent opportunity selection employer for others with broad perspectives and experiences, cultures, genders, races and generations. We know this will contribute to a better and more powerful effective Rite Aid.
In her role as Vice President of Diversity, Equity and Inclusion, Reeves will work hard with Rite Aids executives, adding Rite Aids CEO Heyward Donigan to facilitate the most productive practices by fostering and affirming an inclusive corporate culture. shared duty to achieve Rite Aids’ strategic diversity, inclusion and membership goals, eventually aligning itself with RxEvolution’s strategy. Your tasks will come with the construction and leadership of an interfunctional diversity corporate board at Rite Aid and the partnership with Human Resources Centers of Excellence (EIC) and the legal branch of the organization to integrate DE’s most productive practices.
I believe it is vital to move beyond rhetoric and try to make measurable progress in mastering diversity, equity and inclusion. I am very pleased that Rite Aid is so committed to advancing those pasts in the organization and recognizes the relevance of DE
Reeves has been very delighted in the creation and execution of diversity and inclusion methods in Fortune hundred companies such as Merck, South Carolina Johnson, Sodexo and Georgia-Pacific Corporation. It also provides Rite Aid with enlightened leadership in DE
About Rite Aid Corporation
Rite Aid Corporation is at the forefront of offering daily fitness and retail facilities to more than 1. 6 million Americans. Our pharmacists are especially well positioned to interact with customers and their physical condition. We offer a complete diversity of fitness products and facilities for the entire circle. through more than 2,400 retail pharmacies in 18 states. Through Elixir, we provide pharmaceutical benefits and facilities to approximately four million members across the country. For more information, www. riteaid. com.
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