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Latest Industry News & Trends
4/22/2019
OphthalmicPress Release
China’s Crackdown on Health Agencies Opens Door for Global Ophthalmic Firms
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China's massive overhaul of its health agencies is continuing the Communist Party's push to open the country to more health care therapies and technologies. The move is creating new opportu...
4/19/2019
NewsletterOrthopedic
FDA Publishes Throckmorton’s Statement on Opioid Tapering
Douglas Throckmorton, MD, from the FDA Center for Drug Evaluation issued a statement on opioid analgesic label changes. The FDA published the statement on April 9 to give physicians guidelines for ...
4/19/2019
NewsletterOrthopedic
FDA Announces Final Classification of Posterior Cervical Screws
The US FDA announced April 1 that it has classified posterior cervical screw systems as Class II, devices with special controls. This classification will come into full effect May 1, 2019. After th...
4/19/2019
NewsletterOrthopedic
Scilex, Semnur Merge to Form Non-Opioid Pain Management Company
Sorrento Therapeutics announced March 22 that its subsidiary Scilex Pharmaceuticals is merging with privately owned Semnur Pharmaceuticals to form Scilex Holding Company. Scilex’ lead product is ZT...
4/19/2019
NewsletterOrthopedic
Ocugen, Histogenics Agree to Reverse Merger
Privately held Ocugen will become a public company in a reverse merger with orthopedics company Histogenics, the two announced April 8. The transaction is expected to close late in Q2-2019 or in Q3...
4/19/2019
BreakingOphthalmic
Supreme Court Refuses to Hear Allergan’s Appeal over Restasis Patents
The US Supreme Court has rejected Allergan’s bid to use tribal sovereign immunity to protect Restasis’ patents from inter partes review proceedings. The court refused April 12 to hear Allergan’s ap...
4/19/2019
BreakingOphthalmic
Ophthotech Rebrands as Iveric after Licensing Gene Therapy Program
Ophthotech has changed its name to Iveric bio and updated its ticker symbol on the Nasdaq Global Select Market to “ISEE.” The New York company said April 16 that the move reflects its new focus on ...
4/19/2019
BreakingOphthalmic
US FDA Accepts Novartis’ BLA for Brolucizumab in Wet AMD
Novartis announced April 15 that the US FDA has accepted its biologics license application for brolucizumab (RTH258) for wet age-related macular degeneration. The Swiss company said it used a prior...
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