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Latest Industry News & Trends
10/18/2019
BreakingFundingMeetingOphthalmic
AAO, ASCRS to Create Business Forums Held at Annual Meetings
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The American Academy of Ophthalmology (AAO) and American Society of Cataract and Refractive Surgery (ASCRS) are adding a business forum to their annual meetings to bring together industry officials...
10/18/2019
BreakingClinical TrialOphthalmicRetina
Korean Drugmaker Set for Phase I Study of Aflibercept Biosimilar Candidate
Alteogen expects to start a Phase I trial of ALT-L9, an aflibercept biosimilar candidate referencing Eylea, this month (October 2019), the South Korean drugmaker has indicated on Clinicaltrials.gov...
10/18/2019
BreakingEarningsOphthalmicSurgical
J&J Vision Surgical Reports Q3-2019 Revenue of $299 Million
The surgical unit of Johnson & Johnson Vision (J&J Vision) posted Q3-2019 revenue of $299 million, an increase of 0.9 percent over Q3-2018, parent Johnson & Johnson reported Oct. 15. Regional resul...
10/18/2019
BreakingOphthalmic
Kedalion Co-founder Mark Blumenkranz, MD, Named CEO
Kedalion Therapeutics of Menlo Park, California, announced Oct. 9 that Mark Blumenkranz, MD, will step into the role of CEO, while continuing as chairman. Current CEO Peter Noymer, PhD, is leaving ...
10/18/2019
BreakingFundingGlaucomaOphthalmic
Myra Medical Raises $3.16 Million in Seed Money to Develop Glaucoma Device
Myra Medical announced Oct. 10 that it raised $3.16 million in its seed round of financing. The newly formed Shifamed portfolio company said the funding will be used to develop an improved device t...
10/18/2019
BreakingOphthalmicPharmaRefractive
Orasis’ Presbyopia Eye Drop Candidate Meets Endpoint in Phase IIb Trial
Orasis Pharmaceuticals announced Oct. 10 that CSF-1 met its primary endpoint in a Phase IIb trial for presbyopia. The Israel-based company is developing CSF-1 as an eye drop alternative to reading ...
10/18/2019
BreakingEarningsOphthalmicRetina
Roche’s Q3-2019 Lucentis Sales Increase 7 Percent
Roche’s Lucentis sales in the US in Q3-2019 totaled $444.25 million (CHF 442 million), a 7 percent increase over Q3-2018, the Swiss company reported Oct. 16. Lucentis sales in the US for the first ...
10/18/2019
BreakingDry EyeOphthalmicPharma
Sun Pharma Launches Cequa in the US for Dry Eye Disease
Sun Pharma has launched Cequa in the US, the India-based drugmaker announced Oct. 14. The twice-daily eye drop is indicated to increase tear production in patients with dry eye disease. Cequa is a ...
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