Avedro lands $25 million financing round

Avedro announced in a press release it has received a commitment of $25 million in financing led by Lilly Asia Ventures, with participation from existing investors OrbiMed Advisors, InterWest Partners and HealthQuest Capital.
“This new funding brings together an exceptional syndicate of investors who are committed to helping us achieve [our] goal,” Reza Zadno, PhD, CEO of Avedro, said in the release. “It will allow us to accelerate adoption of the only FDA-approved cross-linking treatment and the development of our next-generation corneal remodeling applications.”
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