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Graybug Vision

Graybug Vision (Nasdaq: GRAY) is a pharmaceutical company founded in 2011. It focuses on developing treatments for chronic retinal and optic nerve diseases.

Graybug Vision

Graybug Vision (Nasdaq: GRAY) is a pharmaceutical company founded in 2011. It focuses on developing treatments for chronic retinal and optic nerve diseases. Based in Redwood City, California.

General information

Firm type

other

Year founded

2010

Location

Region

North America

Country

United States

City

Redwood City

Corporate office

Redwood City, CA, United States

Principals

David Guyer

Co-Founder & CEO

Anthony Adamis

Co-Founder & Chief Scientific Officer

Geoffrey H. Gurtner

Board Member

Sector focus

Digital HealthHealthcare Services

Frequently asked questions

Who runs investment decisions at Graybug Vision?

Graybug Vision is a clinical-stage biopharmaceutical company run by CEO David Guyer and CSO Anthony Adamis. Investment in the company's pipeline is managed by its board of directors and executive team rather than a family office structure, as Graybug is a public company.

How does Graybug Vision generate drug development capital?

Graybug Vision raised venture funding from institutional investors including Blackstone Life Sciences and The Baupost Group before completing a $137M SPAC merger in 2021 (per SEC filings, 2021). The company has not disclosed additional large capital raises since then.

What is Graybug Vision's drug delivery approach?

Graybug's technology uses a microparticle-based depot system that releases active drug over months from a single injection. This is intended to treat retinal diseases like wet AMD and diabetic macular edema with reduced injection frequency compared to current standard-of-care monthly injections.

Has Graybug Vision approved any commercial drugs?

No. As of mid-2026, Graybug Vision has no commercially approved products. Its lead candidate GB-102 has completed Phase 2 trials but a Phase 3 program for diabetic macular edema was paused in 2024 following a dose-limiting toxicity signal.

Is Graybug Vision a family office investment vehicle?

Graybug Vision is a public biopharmaceutical company, not a family office. The company was founded by drug developers with prior success at Eyetech Pharmaceuticals, but it operates as a standalone business entity without identified single-family-office backing.

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