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Presbia PLC (LENS.OQ)

LENS.OQ on NASDAQ Stock Exchange Capital Market

0.55USD
22 Apr 2019
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Latest Key Developments (Source: Significant Developments)

Presbia Plc Determines That FDA Will Not Be Willing To Grant Co's Pending Application For Premarket Approval For Co's Microlens Product
Monday, 22 Apr 2019 05:25pm EDT 

April 22 (Reuters) - Presbia PLC ::PRESBIA PLC - DETERMINED THAT FDA WILL NOT BE WILLING TO GRANT CO'S PENDING APPLICATION FOR PREMARKET APPROVAL FOR THE COMPANY’S MICROLENS PRODUCT.PRESBIA PLC - FDA IS LIKELY TO REQUIRE THAT NEW, ADDITIONAL CLINICAL TRIAL TO BE UNDERTAKEN AND COMPLETED PRIOR TO ISSUING ANY APPROVAL OF PMA.PRESBIA PLC - DETERMINED THAT IT WILL NEED AN INVESTOR OR STRATEGIC PARTNER IN ORDER TO CONTINUE PURSUIT OF THE TRIAL AND THE PMA APPLICATION.PRESBIA PLC - ON APRIL 18, BOARD APPROVED REDUCTION OF STAFFING & EFFORTS BY CO FOR PURSUIT OF PREMARKET APPROVAL FOR CO'S MICROLENS PRODUCT.PRESBIA PLC - APPROVED A PARTIAL REDUCTION OF SCOPE OF THE BUSINESS OF THE COMPANY IN THE UNITED STATES.PRESBIA PLC - RECEIVED A STAFF DETERMINATION LETTER FROM THE LISTING QUALIFICATIONS DIVISION OF THE NASDAQ STOCK MARKET.PRESBIA PLC - ABOUT 3 EMPLOYEES OR CONTRACTORS WILL BE RETAINED AT IRVINE LOCATION AND REST WILL BE TERMINATED.PRESBIA PLC - MARK YUNG, EXECUTIVE CHAIRMAN OF BOARD AND CHIEF EXECUTIVE OFFICER, NOTIFIED THE BOARD OF HIS RESIGNATION AS AN OFFICER OF THE COMPANY.PRESBIA PLC - APPOINTED ZOHAR LOSHITZER AS EXECUTIVE CHAIRMAN OF THE BOARD AND CHIEF EXECUTIVE OFFICER EFFECTIVE MAY 1, 2019.  Full Article

Presbia PLC Files Non-Timely 10-K With U.S. SEC
Monday, 1 Apr 2019 04:45pm EDT 

April 1 (Reuters) - Presbia PLC ::PRESBIA PLC FILES NON-TIMELY 10-K WITH U.S. SEC.PRESBIA PLC SAYS EXPECTS TO REPORT NET LOSS OF ABOUT $8.4 MILLION FOR FISCAL 2018 VERSUS NET LOSS OF ABOUT $17 MILLION FOR FISCAL 2017 - SEC FILING.  Full Article

Presbia says terminates nearly half of its workforce
Thursday, 14 Dec 2017 05:13pm EST 

Dec 14 (Reuters) - Presbia Plc ::PRESBIA SAYS TERMINATED 15 EMPLOYEES OUT OF ITS 39 EMPLOYEES - SEC FILING.PRESBIA PLC - "COMPANY IS ALSO IN PROCESS OF IMPLEMENTING OTHER COST SAVING INITIATIVES".  Full Article