The document discusses micro-invasive glaucoma surgery (MIGS) and the CyPass micro-stent developed by Transcend Medical for treating glaucoma. It provides an overview of CyPass' development from 2005 to 2015, including pilot studies, ongoing clinical trials in the US and EU, and preliminary positive results showing reduced intraocular pressure. The document also discusses the potential of MIGS generally and CyPass specifically to provide an alternative between eye drop medications and more invasive surgeries like trabeculectomy for treating glaucoma.