Developer docs
API playgroundTry for free, no card

Search company profiles

TearScience

Full company profile

uuid000371t

Namestring
TearScience
Legal namestring
Johnson & Johnson Vision Care, Inc.
Company typeenum
Public
Founded yearint
2005
Descriptiontext

TearScience is a medical device franchise operating as a wholly-owned product line within Johnson & Johnson Vision Care, Inc., a subsidiary of Johnson & Johnson, Inc. (NYSE: JNJ). Founded in 2005 and headquartered in Morrisville, North Carolina, the franchise focuses on the diagnosis and treatment of Meibomian Gland Dysfunction (MGD), a chronic, progressive, obstructive condition affecting tear film quality and the ocular surface. Its portfolio serves eye care professionals (optometrists, ophthalmologists, and clinics) in the United States through direct field sales and the JNJVISIONPRO professional ordering platform.

The product portfolio is organized as a coordinated diagnostic-to-treatment workflow. LipiView II Ocular Surface Interferometer and LipiScan Dynamic Meibomian Imager provide objective assessment of tear film and meibomian gland structure, while the Meibomian Gland Evaluator is used during routine eye exams to assess gland function. The LipiFlow Thermal Pulsation System delivers controlled heat and pulsatile pressure to clear gland obstructions and restore meibomian function. The franchise is protected by a substantial granted US patent estate covering thermal pulsation methods, interferometry, and meibomian imaging. The franchise reports clinical evidence that 86% of dry eye patients have MGD, 63% of pre-cataract patients show MGD signs, 60% of contact lens wearers have MGD, and 80% of long-term glaucoma medication users have MGD, addressing an addressable population of 745 million+ people worldwide with dry eye.

TearScience generates revenue through hardware sales of capital medical devices to eye care professionals, with quote-based pricing routed through direct sales representatives and online ordering via JNJVISIONPRO. The franchise leverages J&J Vision's professional marketing, the Johnson & Johnson Institute for clinical education, and alignment with ASCRS Cornea Committee consensus guidelines to support adoption. Operating geographies are currently US-focused, with European expansion indicated by senior leadership presence in the region.

Short descriptiontext

TearScience is a wholly-owned Johnson & Johnson Vision product line that develops and sells the LipiFlow, LipiView II, LipiScan, and Meibomian Gland Evaluator devices for diagnosing and treating Meibomian Gland Dysfunction in eye care practices.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
101–250
akta.pro rankint
HeadquartersMorrisville, United States
HQ citystring
Morrisville
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
meibomian gland dysfunction treatment, dry eye diagnosis devices, ocular surface imaging, thermal pulsation therapy, ophthalmic medical devices
Industry1 code
1Dry Eye & Ocular Surface Devices (Meibography, Tear Osmolarity, IPL, Thermal Pulsation)
CodeHLAHAJAFPrimaryYes
NAICS code2 codes
  • Electromedical and Electrotherapeutic Apparatus Manufacturing334510
  • Ophthalmic Goods Manufacturing339115
SIC code2 codes
  • Surgical & Medical Instruments & Apparatus3841
  • Electromedical & Electrotherapeutic Apparatus3845
Product category
Ophthalmic Medical Devices
Social media profiles2 records
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model2 records
1Medical Device Sales
TypeHardware Sales
Description

Sale of TearScience diagnostic and treatment devices (LipiFlow, LipiView, LipiScan) to eye care professionals and clinics for MGD assessment and treatment.

jnjvisionpro.com
2Diagnostic Equipment
TypeHardware Sales
Description

Sale of MGD assessment tools including LipiScan Dynamic Meibomian Imager and LipiView II Ocular Surface Interferometer for clinical evaluation of meibomian gland dysfunction.

jnjvisionpro.com
Marketing channels3 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels2 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Technology or R&D, Supply Chain, Marketing or Sales, Operations, Personnel
Pricing details1 tier
1Medical devices for MGD diagnosis and treatment - pricing available through sales representatives
ModelOtherBilling cadenceMulti-year contract
Notes

Quote-based pricing through sales representatives. Professional rebates available (1-800-876-4596).

jnjvisionpro.com
GTM typeB2B
B2B
Offering typeHardware or Manufacturing
Hardware or Manufacturing
Brand1 of 3 records shown
1LipiFlow
Description

LipiFlow Thermal Pulsation System - Treatment device for Meibomian Gland Dysfunction (MGD)

jnjvisionpro.com
+2 more records
Core offering1 text field

TearScience develops, manufactures, and sells ophthalmic medical devices that diagnose and treat Meibomian Gland Dysfunction (MGD), a chronic, progressive, obstructive condition affecting the ocular surface. The portfolio combines diagnostic imaging and interferometry devices (LipiScan, LipiView II, Meibomian Gland Evaluator) with the LipiFlow Thermal Pulsation System for treatment, enabling eye care professionals to evaluate and manage MGD in their patients.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 2 values shown
  • 86% of patients with dry eye are affected by MGD - TearScience portfolio helps evaluate for it
+1 more record
Product overview1 text field

TearScience is a product portfolio under Johnson & Johnson Vision focused on Meibomian Gland Dysfunction (MGD) management. The portfolio includes diagnostic devices (LipiScan Dynamic Meibomian Imager, LipiView II Ocular Surface Interferometer, Meibomian Gland Evaluator) for evaluating MGD and the LipiFlow Thermal Pulsation System for treating the condition. Together, these products enable eye care professionals to evaluate, treat, and manage MGD in patients—a chronic, progressive, obstructive condition affecting the ocular surface. The TearScience portfolio is part of Johnson & Johnson Vision's broader Ocular Surface care offerings.

Product and service1 record
1LipiFlow Thermal Pulsation System
Scale indicator6 records

Each record includes

Type, Value, Description, Source

Partnership1 partner
Strategic tierCoreTypeStrategic or Co-development Partner
Description

ASCRS Cornea Committee provides consensus-based clinical practice guidelines for MGD evaluation and treatment. TearScience references ASCRS guidelines supporting their MGD treatment approach. Guidelines are available as PDF resources on the TearScience product page.

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight4 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

SightSciences markets TearCare, a thermal-based MGD treatment system directly competing with TearScience's LipiFlow. Both target ophthalmology/optometry clinics with a device-plus-procedure approach to evaporative dry eye.

TypeDirect peer
Description

MiBo Medical offers the MiBo Thermoflo, a thermal therapy device for MGD. It directly competes with LipiFlow in eye care clinics by delivering controlled heat to the meibomian glands as an in-office treatment.

TypeDirect peer
Description

Alcon launched the iLux MGD treatment device, directly competing with TearScience's LipiFlow in optometry and ophthalmology channels. Alcon's broad surgical and vision-care portfolio gives iLux an existing distribution overlay.

TypeDirect peer
Description

Lumenis' OptiLight IPL system is an FDA-cleared intense-pulsed-light therapy for dry eye/MGD that competes head-to-head with TearScience's LipiFlow in ophthalmic clinics, offering an alternative in-office treatment modality.

TypeBroad incumbent
Description

Bausch + Lomb is a diversified ophthalmic incumbent with surgical, pharmaceutical, and consumer eye-care products. It competes broadly with J&J Vision (TearScience's parent) across the dry-eye and ocular-surface category.

TypeBroad incumbent
Description

Carl Zeiss Meditec is an established ophthalmic diagnostics and surgical devices incumbent. Its imaging/diagnostic portfolio overlaps with TearScience's LipiView/LipiScan meibography and ocular surface assessment products.

TypeBroad incumbent
Description

Nidek manufactures ophthalmic diagnostic and surgical devices including imaging systems used for ocular surface and anterior segment evaluation. Its diagnostic imaging devices are used in similar ECP workflows as TearScience.

TypeBroad incumbent
Description

Topcon produces ophthalmic imaging and diagnostic equipment commonly used in optometry and ophthalmology clinics, overlapping with TearScience's meibography and ocular surface imaging use cases.

TypeEmerging player
Description

NovaBay's Avenova eyelid hygiene products target the same MGD/dry-eye patient population as TearScience, though positioned as a clinic-recommended consumer/complementary therapy rather than an in-office device.

TypeEmerging player
Description

OCuSOFT supplies eyelid hygiene and dry-eye products (lid scrubs, tears) commonly used as adjuncts to MGD therapy. It addresses the same dry-eye patient base that TearScience targets with its in-office systems.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers1 record

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment2 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile1 record

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature3 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles2 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

Subsidiaries1 record

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds5 records

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors7 records

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

TearScience

Ophthalmic Medical Devicesjnjvisionpro.com

TearScience is a wholly-owned Johnson & Johnson Vision product line that develops and sells the LipiFlow, LipiView II, LipiScan, and Meibomian Gland Evaluator devices for diagnosing and treating Meibomian Gland Dysfunction in eye care practices.

What TearScience does

TearScience is a medical device franchise operating as a wholly-owned product line within Johnson & Johnson Vision Care, Inc., a subsidiary of Johnson & Johnson, Inc. (NYSE: JNJ). Founded in 2005 and headquartered in Morrisville, North Carolina, the franchise focuses on the diagnosis and treatment of Meibomian Gland Dysfunction (MGD), a chronic, progressive, obstructive condition affecting tear film quality and the ocular surface. Its portfolio serves eye care professionals (optometrists, ophthalmologists, and clinics) in the United States through direct field sales and the JNJVISIONPRO professional ordering platform.

The product portfolio is organized as a coordinated diagnostic-to-treatment workflow. LipiView II Ocular Surface Interferometer and LipiScan Dynamic Meibomian Imager provide objective assessment of tear film and meibomian gland structure, while the Meibomian Gland Evaluator is used during routine eye exams to assess gland function. The LipiFlow Thermal Pulsation System delivers controlled heat and pulsatile pressure to clear gland obstructions and restore meibomian function. The franchise is protected by a substantial granted US patent estate covering thermal pulsation methods, interferometry, and meibomian imaging. The franchise reports clinical evidence that 86% of dry eye patients have MGD, 63% of pre-cataract patients show MGD signs, 60% of contact lens wearers have MGD, and 80% of long-term glaucoma medication users have MGD, addressing an addressable population of 745 million+ people worldwide with dry eye.

TearScience generates revenue through hardware sales of capital medical devices to eye care professionals, with quote-based pricing routed through direct sales representatives and online ordering via JNJVISIONPRO. The franchise leverages J&J Vision's professional marketing, the Johnson & Johnson Institute for clinical education, and alignment with ASCRS Cornea Committee consensus guidelines to support adoption. Operating geographies are currently US-focused, with European expansion indicated by senior leadership presence in the region.

TearScience firmographics

Firmographics
Name
TearScience
Legal name
Johnson & Johnson Vision Care, Inc.
Website
https://jnjvisionpro.com
Company type
Public
Founded year
2005
Operating status
Operating
Headcount range
101–250 employees
Short description
TearScience is a wholly-owned Johnson & Johnson Vision product line that develops and sells the LipiFlow, LipiView II, LipiScan, and Meibomian Gland Evaluator devices for diagnosing and treating Meibomian Gland Dysfunction in eye care practices.
Ownership category
akta.pro rank

TearScience industry classification

Industry
Product category
Ophthalmic Medical Devices
NAICS
Electromedical and Electrotherapeutic Apparatus Manufacturing (334510), Ophthalmic Goods Manufacturing (339115)
SIC
Surgical & Medical Instruments & Apparatus (3841), Electromedical & Electrotherapeutic Apparatus (3845)
akta.pro primary industry
Dry Eye & Ocular Surface Devices (Meibography, Tear Osmolarity, IPL, Thermal Pulsation) (HLAHAJAF)

Keywords

  • Meibomian gland dysfunction treatment
  • Dry eye diagnosis devices
  • Ocular surface imaging
  • Thermal pulsation therapy
  • Ophthalmic medical devices

Where TearScience is headquartered

Location

Headquarters

HQ city
Morrisville
HQ country
United States
HQ region
North America

Offices1 record

Markets served

TearScience business model

Business model
GTM type
B2B
Offering type
Hardware or Manufacturing
Cost components
Technology or R&D, Supply Chain, Marketing or Sales, Operations, Personnel

Revenue model

  1. Medical Device Sales: Sale of TearScience diagnostic and treatment devices (LipiFlow, LipiView, LipiScan) to eye care professionals and clinics for MGD assessment and treatment.
  2. Diagnostic Equipment: Sale of MGD assessment tools including LipiScan Dynamic Meibomian Imager and LipiView II Ocular Surface Interferometer for clinical evaluation of meibomian gland dysfunction.

Pricing tiers

ModelBillingPrice
OtherMulti-year contractMedical devices for MGD diagnosis and treatment - pricing available through sales representatives

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

TearScience product offering

Product offering

Core offering

TearScience develops, manufactures, and sells ophthalmic medical devices that diagnose and treat Meibomian Gland Dysfunction (MGD), a chronic, progressive, obstructive condition affecting the ocular surface. The portfolio combines diagnostic imaging and interferometry devices (LipiScan, LipiView II, Meibomian Gland Evaluator) with the LipiFlow Thermal Pulsation System for treatment, enabling eye care professionals to evaluate and manage MGD in their patients.

Product overview

TearScience is a product portfolio under Johnson & Johnson Vision focused on Meibomian Gland Dysfunction (MGD) management. The portfolio includes diagnostic devices (LipiScan Dynamic Meibomian Imager, LipiView II Ocular Surface Interferometer, Meibomian Gland Evaluator) for evaluating MGD and the LipiFlow Thermal Pulsation System for treating the condition. Together, these products enable eye care professionals to evaluate, treat, and manage MGD in patients—a chronic, progressive, obstructive condition affecting the ocular surface. The TearScience portfolio is part of Johnson & Johnson Vision's broader Ocular Surface care offerings.

Differentiator

Problem solved

Functional benefit

Brands

  • LipiFlow: LipiFlow Thermal Pulsation System - Treatment device for Meibomian Gland Dysfunction (MGD)
  • LipiView
  • LipiScan

Products and services

  • LipiFlow Thermal Pulsation System

Quantifiable outcome

  • 86% of patients with dry eye are affected by MGD - TearScience portfolio helps evaluate for it
  • +1 more outcomes

Companies that use TearScience

Customer profile

Named customers1 record

Segments2 records

Ideal customer profiles1 record

TearScience technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature3 records

TearScience partnerships and signals

Strategic signal

Partnerships

One partnership is on record.

  • ASCRS (American Society of Cataract and Refractive Surgery)coreStrategic or Co-development PartnerASCRS Cornea Committee provides consensus-based clinical practice guidelines for MGD evaluation and treatment. TearScience references ASCRS guidelines supporting their MGD treatment approach. Guidelines are available as PDF resources on the TearScience product page.

Scale indicators6 records

Recent moves6 records

Expansion highlights4 records

TearScience competitors and assessment

Company assessment

Direct peers

  • SightSciences: SightSciences markets TearCare, a thermal-based MGD treatment system directly competing with TearScience's LipiFlow. Both target ophthalmology/optometry clinics with a device-plus-procedure approach to evaporative dry eye.
  • MiBo Medical Group: MiBo Medical offers the MiBo Thermoflo, a thermal therapy device for MGD. It directly competes with LipiFlow in eye care clinics by delivering controlled heat to the meibomian glands as an in-office treatment.
  • Alcon: Alcon launched the iLux MGD treatment device, directly competing with TearScience's LipiFlow in optometry and ophthalmology channels. Alcon's broad surgical and vision-care portfolio gives iLux an existing distribution overlay.
  • Lumenis (Boston Scientific): Lumenis' OptiLight IPL system is an FDA-cleared intense-pulsed-light therapy for dry eye/MGD that competes head-to-head with TearScience's LipiFlow in ophthalmic clinics, offering an alternative in-office treatment modality.

Broad incumbents

  • Bausch + Lomb: Bausch + Lomb is a diversified ophthalmic incumbent with surgical, pharmaceutical, and consumer eye-care products. It competes broadly with J&J Vision (TearScience's parent) across the dry-eye and ocular-surface category.
  • Carl Zeiss Meditec: Carl Zeiss Meditec is an established ophthalmic diagnostics and surgical devices incumbent. Its imaging/diagnostic portfolio overlaps with TearScience's LipiView/LipiScan meibography and ocular surface assessment products.
  • Nidek: Nidek manufactures ophthalmic diagnostic and surgical devices including imaging systems used for ocular surface and anterior segment evaluation. Its diagnostic imaging devices are used in similar ECP workflows as TearScience.
  • Topcon Healthcare: Topcon produces ophthalmic imaging and diagnostic equipment commonly used in optometry and ophthalmology clinics, overlapping with TearScience's meibography and ocular surface imaging use cases.

Emerging players

  • NovaBay Pharmaceuticals: NovaBay's Avenova eyelid hygiene products target the same MGD/dry-eye patient population as TearScience, though positioned as a clinic-recommended consumer/complementary therapy rather than an in-office device.
  • OCuSOFT: OCuSOFT supplies eyelid hygiene and dry-eye products (lid scrubs, tears) commonly used as adjuncts to MGD therapy. It addresses the same dry-eye patient base that TearScience targets with its in-office systems.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

TearScience social profiles

Digital presence

TearScience financial estimates

Financial estimate

Revenue estimate

Valuation estimate

TearScience leadership team

Management profile

Number of profiles

Profiles2 records

TearScience subsidiaries and ownership

Company hierarchy

Subsidiaries1 record

TearScience funding detail

Funding detail

Funding overview

Funding rounds5 records

Investors7 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

TearScience M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about TearScience

What does TearScience do?

TearScience develops, manufactures, and sells ophthalmic medical devices that diagnose and treat Meibomian Gland Dysfunction (MGD), a chronic, progressive, obstructive condition affecting the ocular surface. The portfolio combines diagnostic imaging and interferometry devices (LipiScan, LipiView II, Meibomian Gland Evaluator) with the LipiFlow Thermal Pulsation System for treatment, enabling eye care professionals to evaluate and manage MGD in their patients.

Is TearScience a public or private company?

TearScience is a public company. It is classified as corporate owned and is currently operating.

When was TearScience founded?

TearScience was founded in 2005. It employs 101 to 250 people.

Where is TearScience based?

TearScience is headquartered in Morrisville, United States, in the North America region.

How does TearScience make money?

Two revenue lines are on record. Medical Device Sales are the primary driver. The others are diagnostic Equipment.

Who are TearScience's main competitors?

Direct peers on record are SightSciences, MiBo Medical Group, Alcon and Lumenis (Boston Scientific). Broad incumbents are Bausch + Lomb, Carl Zeiss Meditec, Nidek and Topcon Healthcare. Emerging players are NovaBay Pharmaceuticals and OCuSOFT.

Does TearScience have an API?

No public API is recorded for TearScience.

What industry is TearScience in?

TearScience's product category is Ophthalmic Medical Devices. Its primary akta.pro industry code is HLAHAJAF, Dry Eye & Ocular Surface Devices (Meibography, Tear Osmolarity, IPL, Thermal Pulsation). Its NAICS code is 334510 and its SIC code is 3841.

Unlock the full company data

50 free credits on sign-up, no credit card required.

Contact sales
Live signals
PR NewswireNew Prospective Study Shows Significant Reduction In Reports Of Postoperative Halos From Patients Treated With TearScience LipiFlow Treatment Prior To Bilateral Cataract SurgeryJohnson & Johnson Vision presented new clinical study findings showing that treating cataract surgery patients with TearScience LipiFlow prior to surgery significantly reduced patient-reported postoperative halos compared to a control group (58.6% vs 79%) and produced larger improvements in Meibomian Gland Score (107% vs 66%). The post-market, prospective, randomized, multi-center study involved 115 subjects across five U.S. sites and was presented at the ASCRS/ASOA Annual Meeting.PR NewswireTearScience Introduces LipiFlow® Activator IITearScience, a privately held medical device company based in Morrisville, North Carolina, announced the release of its LipiFlow Activator II treatment disposable, a new environmentally sustainable version of its original Activator component for treating meibomian gland dysfunction (MGD). The Activator II maintains the same quality, efficacy, and sterility standards as the original while being compatible with existing LipiFlow systems and featuring a reusable cable that reduces medical waste in landfills. The company's LipiFlow treatment volume grew nearly threefold in 2016, and the product is backed by more than 30 peer-reviewed studies demonstrating sustained efficacy.PR NewswireA Single LipiFlow® Treatment Demonstrates Sustained Improvement in Gland Function and Symptoms in Patients with MGD and Dry Eye in a Long Term StudyTearScience announced the publication of a clinical trial demonstrating that a single LipiFlow treatment provides sustained improvement in meibomian gland function and dry eye symptoms for 12 months. The study found that 86% of patients required no additional prescription therapy after the initial treatment, supporting early intervention protocols for meibomian gland dysfunction.PR NewswireTearScience® Names Edward J. Holland, MD to Board of DirectorsTearScience, a privately held medical device company based in Morrisville, North Carolina, announced the appointment of Edward J. Holland, MD to its Board of Directors. Dr. Holland, a recognized leader in cornea and ocular surface health, previously worked closely with the company as its technology and market evolved. This marks the first time Dr. Holland has joined a commercial Board of Directors, and he will provide guidance on advancing understanding of Meibomian Gland Dysfunction among eye care professionals.FinSMEsTearScience Completes Series D FundingTearScience, a Morrisville, N.C.-based medical device company, completed its Series D funding. The backers and deal amount were not disclosed. The company manufactures LipiView and LipiFlow for treating meibomian gland dysfunction.PR NewswireTearScience® Closes Series D Funding, Exceeds Sales Plan for Fifth Consecutive QuarterTearScience announced the successful completion of its Series D funding round, signaling strong investor confidence in the medical device company. The company also reported a 139% increase in LipiFlow patient treatments and historic sales growth driven by significant price reductions on its equipment and disposables.PR NewswireTearScience® North American Sales Grew 35% in 2015TearScience announced 35% year-over-year sales growth in 2015, with the number of practices purchasing its diagnostic and treatment products for meibomian gland disease doubling and patients treated increasing 60%. The growth followed CEO Joseph Boorady's strategy execution, including the launch of Dynamic Meibomian Imaging and a 50% price reduction on disposable activators in October 2015. The company expects to build on these results in 2016 following its most successful American Academy of Ophthalmology trade show in company history.FinSMEsTearScience Completes $44.5M Financing RoundTearScience completed a $44.5M Series C funding round with new investors including Essex Woodlands Health Ventures, Investor Growth Capital, and General Catalyst. The funds will support commercialization of devices for diagnosing and treating chronic dry eye disease, with European CE Mark certification and U.S. FDA clearance sought. Products are expected to be available within 12 months.