Iridex Corp


[email protected]

According to a correspondence filed with the SEC in 2011: "We have a distribution agreement with Iran Memco, based in Iran, who operates as our distributor for ophthalmology products in Iran. We have been working with Iran Memco since 2007."


“In December 2005, we [Iridex] received a purchase order from Hamilens Co., a distributor in Tehran, Iran for two OcuLight SLx Infrared Lasers, 20 Gauge straight Endoprobes and two Dovetail lens filters with an aggregate purchase price equal to $39,040.00. The products related to this order were shipped on December 30, 2005. Iridex received a partial payment of $15,472.00 in June 2006 for this order.” (SEC Correspondence, 2007)


According to an Annual Report filed with the SEC: "United States export laws permit the sale of medical products to certain countries under embargo by the United States government if the seller of such products obtains a license to do so, which requirements are in place because the United States has designated such countries as state sponsors of terrorism. Certain of our products have been sold in Iran, Sudan and Syria under license through distribution agreements with independent distributors. The aggregate revenue generated by sales of our products into Iran, Sudan and Syria have been immaterial to our business and results of operations. We may continue to supply medical devices to Iran, Sudan and Syria and other countries that are under embargo by the United States government upon obtaining all necessary licenses." 


Listed by U.S. Government as doing business in Iran. (U.S. Securities and Exchange Commission, List of Companies Doing Business With State Sponsors Of Terror, Removed from the internet in July of 2007)

No response at this time.