About Medical Instrument Development Laboratories
Medical Instrument Development Laboratories is a company based in San Leandro (United States) founded in 1981 was acquired by HOYA Surgical Optics in October 2018. Medical Instrument Development Laboratories has raised $50 million across 1 funding round from investors including Orbimed, Frontline BioVentures and SBCVC. Medical Instrument Development Laboratories has completed 1 acquisition, including Fritz Ruck. Medical Instrument Development Laboratories offers products and services including Vitreous Cutters, Bi-Blade Vitreous Cutters, and Single-Step Cannula Insertion System. Medical Instrument Development Laboratories operates in a competitive market with competitors including Kodiak Sciences, Pixium Vision, Second Sight, Eyedaptic and iScience Interventional, among others.
- Headquarter San Leandro, United States
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Sectors
Healthcare
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Mid Labs Ltd.
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$50 M (USD)
in 1 rounds
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Latest Funding Round
$50 M (USD), Series C
Oct 16, 2014
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Investors
Orbimed
& 3 more
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Employee Count
Not available
- Investments & Acquisitions
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Acquired by
HOYA Surgical Optics
(Oct 30, 2018)
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Products & Services of Medical Instrument Development Laboratories
Medical Instrument Development Laboratories offers a comprehensive portfolio of products and services, including Vitreous Cutters, Bi-Blade Vitreous Cutters, and Single-Step Cannula Insertion System.
Tools for vitrectomy procedures to remove vitreous humor effectively.
Advanced cutters for precise ophthalmic surgical interventions.
System for simplified cannula placement in eye surgeries.
Funding Insights of Medical Instrument Development Laboratories
Medical Instrument Development Laboratories has successfully raised a total of $50M through 1 strategic funding round. The most recent funding activity was a Series C round of $50 million completed in October 2014. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Medical Instrument Development Laboratories
Medical Instrument Development Laboratories has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Orbimed, Frontline BioVentures and SBCVC.
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Investments are made by OrbiMed in global healthcare innovations across biopharmaceuticals and related fields.
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China-based startups are invested in by SBCVC across diverse sectors.
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Investor details for Medical Instrument Development Laboratories
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Investments & Acquisitions by Medical Instrument Development Laboratories
Medical Instrument Development Laboratories has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Fritz Ruck.
Investment portfolio details for Medical Instrument Development Laboratories
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Developer of ophthalmic surgical devices and consumables
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Locked | Locked | 1981 | Locked |
Complete acquisition details for Medical Instrument Development Laboratories
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Financial Statements - Medical Instrument Development Laboratories
Detailed financials for Medical Instrument Development Laboratories
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Medical Instrument Development Laboratories Comparisons
Peer comparison for Medical Instrument Development Laboratories
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Competitors of Medical Instrument Development Laboratories
Medical Instrument Development Laboratories operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Kodiak Sciences, Pixium Vision, Second Sight, Eyedaptic and iScience Interventional, among others.
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Therapeutics for retinal diseases are developed by the company.
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Bionic vision restoration systems are provided for sight restoration.
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Implantable visual prosthetics for blind individuals are developed and provided.
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A wearable augmented reality vision assistance solution
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Microcatheter and imaging technologies for ophthalmic procedures are developed.
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Detailed competitors of Medical Instrument Development Laboratories
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Latest news on Medical Instrument Development Laboratories
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Frequently Asked Questions about Medical Instrument Development Laboratories
Medical Instrument Development Laboratories was founded in 1981 and raised its 1st funding round 33 years after it was founded.
Medical Instrument Development Laboratories is headquartered in San Leandro, United States. It is registered at San Leandro, California, United States.
Kai Chen is the current CEO of Medical Instrument Development Laboratories.
Medical Instrument Development Laboratories is a funded company, having raised a total of $50M across 1 funding round to date.
Medical Instrument Development Laboratories develops ophthalmic products for ophthalmic system manufacturers. Their product offering includes Adaptable Vit Enhancer, Ultimate Vit Enhancer, Vitreous Cutters, Single Step Cannula Insertion Systems and Titanium Forceps.
Medical Instrument Development Laboratories's top competitors include Kodiak Sciences, Second Sight and Pykus Therapeutics.
Medical Instrument Development Laboratories offers Vitreous Cutters, Bi-Blade Vitreous Cutters, and Single-Step Cannula Insertion System.
Medical Instrument Development Laboratories has made 1 acquisition, including Fritz Ruck.
Medical Instrument Development Laboratories has 4 investors. Key investors include Orbimed, Frontline BioVentures, SBCVC, and HOYA Surgical Optics.