Press Releases April 6, 2026 08:00 PM

Iridex Announces New Partnership with EyeProGPO to Expand Member Access to Retina Laser Technology

Iridex partners with EyeProGPO to broaden access and preferred pricing for advanced retina laser technologies

By Priya Menon IRIX
Iridex Announces New Partnership with EyeProGPO to Expand Member Access to Retina Laser Technology
IRIX

Iridex Corporation announces a strategic partnership with EyeProGPO, a major ophthalmology-focused group purchasing organization, to provide its 1,800+ members with preferred pricing on Iridex's retina laser products. This deal expands accessibility of Iridex's cutting-edge laser treatment devices for retinal diseases across ophthalmology practices, ambulatory surgery centers, and hospitals in the U.S., enhancing operational efficiency and value-based purchasing.

Key Points

  • Partnership expands availability of Iridex retina laser technology to over 1,800 EyeProGPO members nationwide.
  • Preferred pricing on flagship products like the PASCAL laser platform and IQ 532/577 lasers aims to improve value for ophthalmic providers.
  • Strengthens existing relationship by adding retina devices to current glaucoma-focused products on contract with EyeProGPO, supporting both clinical and economic benefits.

MOUNTAIN VIEW, Calif., April 07, 2026 (GLOBE NEWSWIRE) -- Iridex Corporation (Nasdaq: IRIX), a worldwide leader providing innovative and versatile laser-based medical systems, delivery devices, and accessories for the treatment of glaucoma and retinal diseases, today announced a new partnership with EyeProGPO, an ophthalmology-focused group purchasing organization serving ophthalmology practices, ambulatory surgery centers (ASC), and hospitals across the United States.

Through this partnership, the 1,800 plus EyeProGPO members can receive preferred pricing on the Iridex PASCAL® laser platform, IQ 532® and IQ 577® lasers, and the OcuLight® TX laser, helping practices, ASCs, and hospitals improve access to Iridex’s proven retina laser technology while supporting operational efficiency and value-based purchasing decisions.

"We are thrilled to partner with Iridex to bring their cutting-edge retina laser technology to our members," said Phil Meyer, COO of EyeProGPO, LLC. "This partnership reflects our strong commitment to equipping our members with the latest advancements in eye care technology, enabling them to deliver the highest quality patient care."

The partnership is designed to expand availability of Iridex’s retina laser portfolio to EyeProGPO members seeking trusted laser solutions for the treatment of retinal diseases. Iridex also currently has its Cyclo G6® laser and glaucoma probes on contract with EyeProGPO, and the addition of the Company’s retina devices further strengthens the relationship by broadening the value Iridex can offer across ophthalmic practices, ASCs, and hospitals. By combining Iridex’s long-standing ophthalmic laser expertise with EyeProGPO’s robust member portal, the companies aim to deliver both clinical and economic value to retina specialists and ophthalmic providers.

Patrick Mercer, President and CEO of Iridex, said, “We are excited to partner with EyeProGPO to extend broader access to Iridex retina laser technology across its growing network of ophthalmology practices, ASCs, and hospitals. The on-contract status reinforces the credibility of our technology and enables a more streamlined sales process for our team and customers. This partnership reflects our commitment to supporting physicians with reliable, clinically proven laser solutions while helping providers realize meaningful value through exclusive member pricing.”

About EyeProGPO
EyeProGPO is an ophthalmology-focused group purchasing organization (GPO) dedicated to helping ophthalmology practices, ambulatory surgery centers (ASCs), and hospitals by providing access to cost-effective products and services and improving operational efficiency. With over 1,800 members, EyeProGPO harnesses collective purchasing power to deliver significant value on ophthalmic supplies, pharmaceuticals, intraocular lenses, capital equipment, and more. Focusing on quality, innovation, and value, EyeProGPO helps its members deliver the best possible patient care.

About Iridex Corporation
Iridex Corporation is a worldwide leader in developing, manufacturing, and marketing innovative and versatile laser-based medical systems, delivery devices, and accessories for the ophthalmology market. The Company’s technologies are used in the treatment of glaucoma, diabetic macular edema, and other retinal diseases. Iridex products are sold in the United States through a direct sales force and internationally primarily through a network of independent distributors into more than 100 countries.

Media Contact
Joan Stauffer
[email protected]

Investor Relations Contact
Philip Taylor
[email protected]


Risks

  • Dependence on continued acceptance and usage of Iridex laser technologies within ophthalmology practices.
  • Potential competitive pressures from other medical laser technology providers impacting market share.
  • Economic or reimbursement changes affecting purchasing decisions by ophthalmic practices and surgery centers.

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