Diagnostics on the Rise

Richard Lindstrom, MD, opened up the Diagnostics-Impact on the Premium Channel with an overview of the market including a look at competitors. Video Highlights 00:37 – Global revenues in diagnostics continue to grow. 00:55 – There are 700 diagnostic products and 85 manufacturers. 01:35 – Investment in funding imaging, OCT, optical biometry and operating microscopes.…

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Aerie Looks for Rhopressa NDA in Q3

Aerie Pharmaceuticals has completed all patient visits in two Phase III clinical trials of the Rho kinase inhibitor Rhopressa (netarsudil) 0.02% for treatment of glaucoma and expects to file a New Drug Application with the FDA in the third quarter of this year, president and COO Tom Mitro reported at OIS@ASCRS 2016. Rhopressa lowers intraocular…

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MIGS Market Just Beginning to Hit Its Stride

Glaucoma is the second leading cause of blindness worldwide, and the number of people with some form of glaucoma is expected to rise to 80 million by 2020, said Ike Ahmed, MD. “This is a $6 billion market that’s continuing to grow, but our current therapies are suboptimal,” he said, adding adherence, side effects, and…

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InnFocus Targeting Trabeculectomy

InnFocus’ MicroShunt is the only micro-invasive glaucoma surgery (MIGS) device undergoing a randomized clinical trial that uses trabeculectomy as the comparator. “We want to get to a point where trabeculectomy is really out of the market,” said Russ Trenary, president and CEO. “The stand-alone market is the place to be.” The glaucoma surgical procedure market…

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Ivantis Goes After Canal-based MIGS

Ivantis was founded in 2007 by two coronary stent inventors to develop “the only minimally invasive microstent for glaucoma that dilates and scaffolds Schlemm’s canal.” With 25 full-time employees, the company has raised $102 million, and closed a $71 million B round last year, said Dave van Meter, president and CEO. More than 2,500 patients…

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Allergan Sees MIGS as “Ready to Explode”

Allergan purchased AqueSys (developer of the Xen Gel Stent) in a $20 million deal earlier this year. “Just a few years ago, the energy and excitement in ophthalmology was not in glaucoma,” said Dave LeCause, vice president, US eye care. Between 2010 and 2014, the US glaucoma market remained flat, but the introduction of micro-invasive…

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Five Novel Innovations from WTF@OIS

The “What’s the Future@OIS” session at OIS@ASCRS 2016 showcased five novel innovations in ophthalmology that are difficult to place into any existing categories of ophthalmic devices and drugs. Here’s a quick look at them. Depressurizing goggles for glaucoma. Equinox is developing the Balance Goggles, which create a small vacuum on the eyes for people with…

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How Eyenovia Aims to Solve the Problem of Eyedroppers

The natural solution to the problems associated with delivering drops to the front of the eye is inkjet printing, Eyenovia director Curt LaBelle, MD, told the “What’s the Future?” session at OIS@ASCRS 2016 in describing his company’s proprietary drug delivery device. The device looks like a small, white upright torpedo with a button and an…

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Goggles Target Pressure Differentials in Glaucoma

The idea for Equinox, and the first non-surgical, non-drug treatment for glaucoma, came to John Berdahl, MD, while he and his wife were scuba diving. People with high intraocular pressure (IOP) could wear the company’s Balance Goggles overnight to alleviate pressure on and around the optic nerve. Dr. Berdahl, Equinox founder and CEO, reported on…

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Glaukos Recounts IPO Roadshow

Glaukos completed its IPO on June 25, 2015, but the road getting there was a long one. Before going public, the company that was founded in 2001 raised more than $150 million of enterprise capital in six rounds of financing. It was the first to enter into the micro-invasive glaucoma surgery (MIGS) space, and began…

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InnFocus’ Trenary Discusses New Funding, Timeline

To watch InnFocus’ OIS Companies to Watch Presentaion Click Here InnFocus CEO Russ Trenary participated in our Glaucoma section of OIS@ASCRS. We caught up with him in the hallways to discuss his company’s success. He’s also been a guest on our OIS Podcast. Video Highlights: 00:30 – How much did InnFocus raise and who were…

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