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Sight Sciences, Inc. - SGHT STOCK NEWS

Welcome to our dedicated page for Sight Sciences news (Ticker: SGHT), a resource for investors and traders seeking the latest updates and insights on Sight Sciences stock.

Sight Sciences, Inc., headquartered in Menlo Park, California, is a prominent medical device company dedicated to innovating and commercializing cutting-edge technologies for the treatment of prevalent eye diseases. The company operates through two main segments: Surgical Glaucoma and Dry Eye.

In the Surgical Glaucoma segment, Sight Sciences offers the OMNI Surgical System. This versatile device allows for both canaloplasty and trabeculotomy with a single corneal incision, aimed at reducing intraocular pressure in adults with primary open-angle glaucoma. The efficacy of OMNI has been demonstrated in multiple clinical trials, showing favorable outcomes in lowering intraocular pressure across various stages of glaucoma.

In the Dry Eye segment, the TearCare System is available for ophthalmologists and optometrists. This system helps manage dry eye disease through a single interventional eyelid procedure, providing significant improvements in the signs and symptoms of the condition over time.

Recent clinical trials have highlighted the effectiveness of these devices. For example, the GEMINI Study demonstrated successful results using OMNI combined with cataract surgery, and the SAHARA trial confirmed the benefits of TearCare compared to traditional treatments.

Financially, Sight Sciences derives key revenue from its Surgical Glaucoma segment. The company has seen active customer engagement, as evidenced by the number of OMNI and SION system orders, as well as TearCare SmartLids sales.

For investors and stakeholders, Sight Sciences continues to be a compelling entity with its relentless focus on reimagining eye care through transformative technologies. The company's commitment to improving patient outcomes and expanding its market presence underscores its significance in the ophthalmic medical device industry.

Rhea-AI Summary
Sight Sciences announces results of a large-scale study comparing MIGS technologies for glaucoma patients. TCOR procedure using OMNI Surgical System shows significant reduction in IOP and medication usage. OMNI technology delivers clinically meaningful and durable results. Independent data from the IRIS Registry informs surgeons' decision-making. Sight Sciences aims to elevate the standard of care with its technologies.
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Sight Sciences updates revenue guidance for Q3 2023 to $19.0M-$20.0M, expects decrease in new account additions and utilization due to proposed LCDs. Revenue from Dry Eye segment to be slightly down sequentially. Full year 2023 revenue guidance updated to $80.0M-$82.0M, representing 12%-15% growth compared to 2022.
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Sight Sciences appoints Matthew Link as Chief Commercial Officer
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Sight Sciences to present at Morgan Stanley conference
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Sight Sciences, Inc. (Nasdaq: SGHT) will report Q2 2023 financial results on August 3. The company focuses on developing eyecare technology to improve patients' lives. Investors can access a live webcast of the conference call on the company's website.
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Sight Sciences, Inc. announces six-month results from the SAHARA trial, demonstrating the superiority of interventional eyelid procedures enabled by TearCare over Restasis eye drops for the treatment of dry eye disease. The trial achieved its primary endpoint, showing statistically significant improvements in tear break up time (TBUT) and non-inferiority in Ocular Surface Disease Index (OSDI). TearCare patients experienced improvement in key signs and symptoms of dry eye. The results support the clinical superiority of TearCare technology and highlight the potential to change how meibomian gland disease and dry eye are treated in the future.
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Sight Sciences announces two-year results of the ROMEO study, demonstrating sustained and clinically meaningful reductions in IOP and glaucoma medication usage with the OMNI Surgical System technology. No serious adverse events were reported during the study.
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FAQ

What is the current stock price of Sight Sciences (SGHT)?

The current stock price of Sight Sciences (SGHT) is $4.01 as of November 22, 2024.

What is the market cap of Sight Sciences (SGHT)?

The market cap of Sight Sciences (SGHT) is approximately 204.4M.

What does Sight Sciences, Inc. do?

Sight Sciences, Inc. develops and commercializes surgical and nonsurgical technologies for treating prevalent eye diseases, focusing on glaucoma and dry eye disease.

What products are offered by Sight Sciences in the Surgical Glaucoma segment?

Sight Sciences offers the OMNI Surgical System, which facilitates canaloplasty and trabeculotomy to reduce intraocular pressure in patients with primary open-angle glaucoma.

What is the TearCare System?

The TearCare System is a product in Sight Sciences' Dry Eye segment designed for managing dry eye disease through an interventional eyelid procedure.

Where is Sight Sciences, Inc. headquartered?

Sight Sciences, Inc. is headquartered in Menlo Park, California, United States.

What were the findings of the GEMINI Study?

The GEMINI Study showed successful 12-month and 36-month results of the OMNI Surgical System combined with cataract surgery for glaucoma patients.

How does Sight Sciences contribute to treating dry eye disease?

Sight Sciences contributes to treating dry eye disease through its TearCare System, which has shown significant improvements in clinical trials.

What financial segment drives Sight Sciences' revenue?

Sight Sciences derives key revenue from its Surgical Glaucoma segment.

Who can I contact for investor relations at Sight Sciences?

For investor relations, contact Philip Taylor at Gilmartin Group via email at Investor.Relations@SightSciences.com or phone at 415.937.5406.

Are there any recent clinical highlights for Sight Sciences?

Yes, recent clinical highlights include the GEMINI Study for glaucoma and the SAHARA trial for dry eye disease, both showing favorable outcomes.

What trademarks does Sight Sciences hold?

Sight Sciences holds trademarks for Sight Sciences, TearCare, OMNI, and SION in the United States and other territories.

Sight Sciences, Inc.

Nasdaq:SGHT

SGHT Rankings

SGHT Stock Data

204.36M
40.24M
19.9%
51.1%
2.23%
Medical Devices
Surgical & Medical Instruments & Apparatus
Link
United States of America
MENLO PARK