Novartis eyes a new market with its buyout of a small digital therapeutics player
Novartis has scooped up a digital therapeutics player working on a new treatment for lazy eye.
The company is Phoenix-based Amblyotech, which has been pursuing work on a combination gaming and video approach to training eyes to work together. But the buyer and private seller are keeping the terms to themselves.
The software they developed “employs a unique visual presentation, called dichoptic display, where each eye is presented with a different image using a proprietary algorithm to obtain co-operation with both eyes working together to view a full image.”
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