Advanced Ocular Systems Limited

Advanced Ocular Systems Limited (AOS) is an ophthalmic specialty company, which is engaged in the design, development and commercialization of innovative ophthalmic products. In addition, the technological platform focuses on the development of pharmaceutical treatments for a wide range of ocular diseases and refractive diseases towards the treatment of vision disorders. The company`s refractive devices portfolio includes corneal inlays and intraocular lenses for vision correction. The company is headquartered in Perth, Australia.The company reported revenues of (Australian Dollars) AUD 1.02 million during the fiscal year ended December 2008, a decrease of 59.75% from 2007. The operating loss of the company was AUD 18.54 million during the fiscal year 2008, as compared to an operating loss of AUD 16.52 million during 2007. The net loss of the company was AUD 18.54 million during the fiscal year 2008, as compared to a net loss of AUD 13.97 million during 2007.