UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
CURRENT REPORT
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Item 8.01 Other Events.
On April 26, 2024, Sight Sciences, Inc. (“Sight Sciences” or the “Company”) received a positive jury trial verdict of $34 million finding that Alcon Inc., Alcon Vision, LLC, Alcon Research, LLC, and Ivantis, Inc. willfully infringed, directly and indirectly, three Sight Sciences’ asserted patents. The monetary damages comprised $5.5 million in lost profits damages and $28.5 million in royalty damages for commercial sales of the Hydrus Microstent for the period between its commercial launch through trial. The verdict was entered in the U.S. District Court for the District of Delaware, in a lawsuit that the Company filed on September 16, 2021 (No. 21-CV-1317). The patents at issue were U.S. Patent Nos. 8,287,482, 9,370,443, and 11,389,328. The verdict is subject to appeal.
Hydrus is a registered trademark of Alcon Vision LLC.
On April 29, 2024, the Company issued a press release relating to the verdict as discussed above. The information in the press release, attached hereto as Exhibit 99.1, is being furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section. Such information shall not be deemed incorporated by reference into any filing of the Company under the Securities Act of 1933, as amended, or the Exchange Act, whether made before or after the date hereof, regardless of any general incorporation language in such filing, except as otherwise expressly set forth by specific reference in such filing.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
| Exhibit No. | Description | |
| 99.1 | Press Release dated April 29, 2024 | |
| 104 | Cover Page Interactive Data File, formatted in Inline XBRL. | |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Date: April 29, 2024 | By: | /s/ Alison Bauerlein | ||||
| Chief Financial Officer |