Medical Devices. The company is a medical devices company that has developed a beta-radiation system for the treatment of macular degeneration, a disease of the eye’s retina that causes a loss of vision. In macular degeneration abnormal blood vessel growth in the eye causes a displacement of the retina. The company’s apparatus delivers precise radiation therapy to the retina to hinder the blood vessel growth and restore the position of the retina, in order to stabilize vision. This treatment is indicated for the treatment of macular degeneration in conjunction with pharmacological inhibition of blood vessel growth.