• Positions company for several new product launches and scaling of operations to meet rising demand globally

• $1 billion of new capital raised to refinance debt and fund accelerated growth

Waltham, MA, March 10th, 2025 – BVI Medical, a leading global ophthalmic device company dedicated to sitting at the forefront of advancements in eye surgery, today announced the completion of a $1 billion strategic capital raise in partnership with TPG, a leading global alternative asset management firm. This investment, which fully refinances BVI’s existing debt and adds new equity from both TPG and new investors, strengthens the company’s financial position as it looks to accelerate product innovation and expand its global footprint.

This financing follows a period of accelerated momentum for BVI, during which the company has significantly grown its portfolio of product offerings and built one of the most robust product pipelines in the industry. Most recently, BVI expanded its IOL manufacturing in Europe to meet growing global demand, introduced new product lines such as SERENITY and SERENITY Toric premium monofocal IOLs, and strengthened its market position through strategic acquisitions.

“This investment marks a pivotal moment for BVI as we scale our capabilities to meet the rising demand for advanced ophthalmic solutions,” said Shervin Korangy, President and CEO. “We are redefining the future of eye surgery and changing the competitive landscape by driving the launch of breakthrough technologies that will empower surgeons worldwide.”

“TPG is proud to continue our partnership with BVI as it works to scale its global impact in ophthalmic care,” said Kendall Garrison, Partner at TPG. “The company has strengthened its market position while advancing patient care worldwide and this investment will further drive innovation and expansion. We look forward to supporting BVI’s continued success,” added John Schilling, MD, Co-Managing Partner at TPG Capital.

---

About BVI Medical

BVI® is a diversified global ophthalmic device company with a mission to deliver high-quality solutions and innovation for advancing eye surgery and improving patients’ vision. With nine decades of developing leading products and solutions, BVI partners with ophthalmic surgeons to improve the vision of millions of patients across the globe. Our organization supports surgical teams in more than 90 countries worldwide, either directly or through our network of trusted distributors.

To learn more about BVI Medical and its mission to advance the future of vision, visit https://www.bvimedical.com.

Press Contact

• EyeXchange Solutions connects experienced and emerging surgeons across cataract, glaucoma, and retina specialties to share insights, refine techniques, and address complex cases.

• BVI Medical aims to facilitate a collaborative forum fostering learning in ophthalmology through video series, engaging email discussions, and interactive quizzes.

Waltham, MA, January 31st, 2024 – BVI Medical, a diversified global ophthalmic device company committed to advancing eye surgery and improving patients’ vision, is excited to introduce EyeXchange Solutions. This new platform is designed to advance vision care through a comprehensive program of educational resources and clinical support, empowering surgical decisions, enhancing provider experiences, reducing the economic burden on healthcare systems, and optimizing patient care in cataract, glaucoma, and retina specialties.

In an ever-evolving field, EyeXchange Solutions facilitates insights to surgeons to navigate complex cases, refine techniques, and engage in meaningful discussions about the future of ophthalmology. By connecting experienced professionals with younger generations of surgeons, the platform fosters a continuous exchange of perspectives and practical skills.

Platform’s Core Tenets

• Education & Support: Dedicated to continuous learning through peer-to-peer education (in person or on demand), case studies, interactive surveys, and both didactic and hands-on clinical experiences.

• Patient-Centricity: Focused on improving patient outcomes by addressing the challenges and complexities inherent in vision care.

• Knowledge Sharing: Promotes collaboration, through a central intelligence hub.

“EyeXchange Solutions is about creating conversations that matter—bringing people together to share insights and learn from one another’s experiences. At BVI Medical, we are committed to being a trusted thought partner in addressing the complexities of modern ophthalmic care,” said Aimee Shimamoto, Vice President, Co-Head Global Marketing at BVI Medical.

Key Features

• EyeXchange Talks: Video series hosted on EyeXchange Solutions’ official website or presented live at major events, moderated by respected leaders in the field.

• Physician Perspectives: Thought-provoking questions sent via email each month to encourage discussion and share insights.

• Interactive Quiz: Engaging quizzes offering participants the opportunity to expand their knowledge and apply new concepts in their practice.

Through this new platform, BVI Medical reaffirms its dedication to fostering meaningful dialogue within the ophthalmology community. EyeXchange Solutions aligns with the company’s mission to support professionals navigating complex cases while providing valuable insights into perioperative, procedural, and business practices.

To learn more and join the conversation, visit https://eyexchange.bvimedical.com/

***

About BVI Medical

BVI® is a diversified global ophthalmic device company with a mission to deliver high-quality solutions and innovation for advancing eye surgery and improving patients’ vision. With nine decades of developing leading products and solutions, BVI partners with ophthalmic surgeons to improve the vision of millions of patients across the globe. Our organization supports surgical teams in more than 90 countries worldwide, either directly or through our network of trusted distributors.

Press Contact

David Chavez, Global Communications Lead

[email protected] 

+1 (857) 869 8706