AqueSys has pioneered the development of XEN45, a soft shunt that is implanted in the eye through a minimally invasive procedure and can be used in patients with or without cataract surgery. XEN45 does not contain any medicine. Instead, the shunt helps drain fluid from the eye, decreasing the pressure in the eye that leads to glaucoma. XEN45 has been shown to provide a robust efficacy profile with minimal side effects. XEN45 has received a CE mark in the European Union, and is also approved for use in Turkey, Canada and Switzerland. In the U.S., the product is entering late-stage development.