Sadly, it looks like Pixium Vision may go bankrupt before long, Cortigent may give up on use of their brain implant as a visual prosthesis to pursue greener pastures, and for many years there will be no medically approved visual prosthesis on the market; $ALPIX $CRTG #FDA #CE
#Pixium #Vision announces the opening of safeguard proceedings https://www.globenewswire.com/news-release/2023/10/09/2756972/0/en/Pixium-Vision-announces-the-opening-of-safeguard-proceedings.html as it "might not be able to face its financial obligations after the end of November 2023 without the protection of such proceedings"; $ALPIX #PixiumVision #blind #blindness
Pixium Vision announces the opening of safeguard proceedings

Pixium Vision announces the opening of safeguard proceedings   Paris, France, October 9, 2023 â€“ 19:00 (CET) â€“ Pixium Vision SA (Euronext Growth Paris -...

Pixium Vision
"As at 9 October 2023, the cash position of the Company amounts to €2.575 million, providing for an estimated cash runway through the end of December 2023"
Likely the only chance for survival is if Pixium Vision can convince investors that their retinal implant technology can evolve into and be retargeted as a generic brain implant to address much bigger markets; $ALPIX #BCI #NeuroTech
Pixium Vision - safeguard proceedings underway https://www.edisongroup.com/research/safeguard-proceedings-underway/32755/ by Edison Group; "likelihood of any material residual value remaining" [...] "highly speculative. As such, we are withdrawing our estimates and forecasts."; $ALPIX
Pixium Vision — Safeguard proceedings underway

Pixium Vision announced that safeguard proceedings have been opened by the Commercial Court of Paris.

Edison Group