Pursuant to the company’s mission, CryoCrate will focus on dramatically improving the manner in which corneas are managed, from collection to transplantation. At present, eye banks are challenged in the following areas:

  • 10M patients worldwide are currently waiting for cornea transplantation
  • Estimates suggest the annual cornea donation rate will reach 175K in 2021
  • Cornea inventories will remain grossly insufficient to meet current and future demand
  • Corneas CANNOT be cryopreserved
  • Many US-derived corneas are exported
  • TIME is critical in cornea donation and management
  • Storage at 4°C only good for 1-2 weeks
  • Additional screening for disease would be beneficial
  • Matching cornea "age" with the age of the patient not always possible
  • Artificial corneas which are the future approach to meeting the demand for transplantable corneas will also need to be cryopreserved to enable their widespread distribution

CryoCrate’s ability to freeze corneas shortly after collection will greatly improve the quality of corneas that can be made available for transplantation. The ability to maintain the quality of corneas for longer than two weeks will also make it possible to increase the number of corneas that can be exported to areas with insufficient supply, revolutionizing the global cornea transplantation market.

“Having the ability to preserve corneas beyond the current two-week shelf life would revolutionize the global cornea transplant market.” --Ophthalmologist

“The ability to freeze corneas shortly after collection would greatly improve the quality of corneas that we export as well as increase the number of corneas available for export.” --Eye Bank Director