Iveena Delivery Systems, Inc.

Sandy, UT · Founded 2014 · Medtech · Private

IVMED-80, a topical eye drop therapeutic that restores lysyl oxidase activity to strengthen corneal collagen and treat keratoconus

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Updated · iveenamed.com

Sector
Medtech
Headquarters
Sandy, UT
Founded
2014
Latest Form D
$2.5M offered, May 2019
Total capital
$6.6M
Federal grants
$6.6M
11 awards · 2014–2025
Rank in peer group#12 of 41
Private capital raised
$10K
4 Form D · last May 2019
89 months since last filing
Federal contracts
None on recordNo federal contract awards found.
Granted patents
0
5 pending

Capital timeline

201420162018202020222024FEDERAL ↑EQUITY ↓Cumulative $12.5M$544K$1M$1.7M$909K$934K1st Form D$10K4th Form D$2.5M
201420162018202020222024FEDERAL ↑EQUITY ↓Cumulative $12.5M$1M$1.7M$934K4th Form D$2.5M

Latest events

  • Federal grantHealth and Human S · Phase II · Topical Eyedrops Increasing Lysyl Oxidase and Dopamine Activity to Control Myopia$934K
  • Federal grantHealth and Human S · Phase I · Topical Eyedrops Increasing Lysyl Oxidase Activity to Control Myopia$345K
  • Federal grantHealth and Human S · Phase II · Topical Eyedrop Therapy for Keratoconus$909K
  • Federal grantHealth and Human S · Phase II · Topical Eyedrop Therapy for Keratoconus$1.7M
  • Federal grantHealth and Human S · Phase II · Targeted Intraceptors for Macular Degeneration$1M
  • Federal grantHealth and Human S · Phase II · Targeted Intraceptors for Macular Degeneration$458K
  • Federal grantHealth and Human S · Phase II · Targeted Intraceptors for Macular Degeneration$544K
  • Offering registeredForm D · SEC · 4th filing$2.5M
  • Offering registeredForm D · SEC · 3rd filing$2.5M
  • Offering registeredForm D · SEC · 2nd filing$1M
  • Private capital raisedForm D · SEC · 1st filing$10K
Show 4 earlier federal awards
  • Federal grantHealth and Human S · Phase I · Topical Eyedrop Therapy for Keratoconus$225K
  • Federal grantNSF · Phase I · SBIR Phase I: Dual suppression of VEGF-A and PDGF-B with extended gene therapy for neovascular AMD$225K
  • Federal grantHealth and Human S · Phase I · Targeted Intraceptor Nanoparticle for Macular Degeneration$25K
  • Federal grantHealth and Human S · Phase I · Targeted Intraceptor Nanoparticle for Macular Degeneration$217K

Node area is scaled to amount. Form D reports securities sold, which can differ from an announced round; filings are numbered in the order they were made.

Federal first

4months

from Iveena Delivery Systems, Inc.’s first federal award to its first private round.

First federal award · Dec 2014
Health and Human S · $217K
First Form D · May 2015
$10K · 1st Form D
Awards before first raise
1 award

An association in public records, not a cause or a prediction.

Standing among 41 peers

Line = median

Medtech · Molecule

  • Federal grants#12 · top 29%

Cumulative measures favor older companies. Rankings describe position today, not outcome. Below the median, ranks show as a band rather than a number.

Founders and team

From SEC Form D filings
  • Balamurali U AmbatiExecutive Officer, DirectorNamed in SEC Form D filings
  • Barry HanoverDirectorNamed in SEC Form D filings
  • David RobinsonDirectorNamed in SEC Form D filings
  • Gerald SimmonsExecutive OfficerNamed in SEC Form D filings
  • Greg JonesDirectorNamed in SEC Form D filings
  • Heffernan U RonDirectorNamed in SEC Form D filings
Show all 10 people
  • James JensenDirectorNamed in SEC Form D filings
  • Jayakrishna U AmbatiDirectorNamed in SEC Form D filings
  • Ned U WeinshenkerExecutive Officer, DirectorNamed in SEC Form D filings
  • Robert U DempseyDirectorNamed in SEC Form D filings

What it has protected

USPTO · 0 granted of 5
  • PendingTreatment Of AstigmatismUSPTOApplication 18274647
  • PendingTreatment Of AstigmatismUSPTOApplication PCTUS2022014198
  • PendingTreatment Of AstigmatismUSPTOApplication 63144237
Show all 5 patent records
  • Treatment Of AstigmatismMar 21, 2024 · Application 18274647Pending
  • Treatment Of AstigmatismApplication PCTUS2022014198Pending
  • Treatment Of AstigmatismApplication 63144237Pending
  • Multi-agent Occular Formulations And Treatment MethodsApplication 62873121Pending
  • Prevention Of Myopic ProgressionApplication 62614230Pending

Regulatory activity · Medtech

Sector-level, not company-level

Rules are matched to sector, not to company. Recent activity in a sector is context rather than a signal about this business — until rules are matched to what a company actually builds, the section is shown as context and nothing more.

Sources

Federal grants from SBIR/STTR, NIH, NSF and DoD records. Federal contracts from USAspending.gov. Private capital from SEC Form D. Patents from USPTO. Publications from OpenAlex. Regulatory activity from the Federal Register. Press matched on company name.

How to read this page

Figures show associations in public records, not causes or predictions. Nothing here is investment advice. An em-dash means no record was found under this company's name, not that none exists.

Data freshness

SEC Form D filings through . SBIR and STTR awards through .