
Oculeve was a medical device company that developed TrueTear, a first-in-class non-invasive nasal neurostimulation device that activates the nasolacrimal pathway to stimulate natural tear production in patients with dry eye disease. Founded out of Stanford Biodesign, the company raised $24M before being acquired by Allergan in 2015 for $125 million upfront. The TrueTear device received FDA clearance and commercialized under Allergan.
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