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Home » Topics » Disease categories and therapies » Ophthalmic

Ophthalmic
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Close up of Valeda system

Lumithera eyes global ocular disease market in Diopsys deal

March 4, 2022
By Catherine Longworth
Lumithera Inc. has completed the acquisition of Diopsys Inc. to expand its footprint of ocular disease care. Under the terms of the agreement, Pine Brook, N.J.-based Diopsys is now a wholly owned subsidiary of Poulsbo, Wash.-based Lumithera, with its electroretinography technology adding to Lumithera’s photobiomodulation (PBM) Valeda light delivery system for dry age-related macular degeneration (AMD) treatment.
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Omni system diagram

Sight Sciences launches campaign to increase stand-alone glaucoma surgeries

Feb. 28, 2022
By Annette Boyle
With a round of conference presentations and a new marketing program launched this week, Sight Sciences Inc. kicked off a focused effort to increase awareness of its Omni surgical system’s FDA clearance for glaucoma procedures performed independently of cataract surgery. The coordinated push aims to further boost revenues, which saw an estimated 65% increase compared to 2020 and 12% increase quarter-on-quarter, based on preliminary fourth quarter and fiscal year 2021 results.
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Close-up of elderly eye

Retispec develops noninvasive early Alzheimer’s diagnostic

Feb. 10, 2022
By Annette Boyle
As attention turns to new drugs that can address the growing burden of Alzheimer’s disease (AD) in an aging global population, Retispec Inc. has developed a noninvasive test that may be able to detect early signs of the neurodegenerative disease decades before clinical symptoms appear – and when therapies appear to be most helpful in slowing or reversing Alzheimer’s. By using “off-the-shelf” ophthalmic equipment, the Toronto-based company’s solution enables assessment by optometrists or other eye professionals during a standard eye exam.
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Hands holding arrow-shaped puzzle pieces

Second Sight acquires Nano Precision in all-stock deal

Feb. 9, 2022
By Catherine Longworth
Second Sight Medical Products Inc. has struck a deal to acquire Nano Precision Medical Inc. (NPM) in an all-stock transaction. NPM will merge with a wholly owned subsidiary of Second Sight, and the combined company will focus on the development of drug and device medical implants. The deal comes less than a year after Second Sight’s proposed acquisition of French company Pixium Vision LLC fell through in controversial fashion. The company will issue approximately 134 million shares of its common stock to acquire full ownership of NPM and shareholders will acquire approximately 23% equity of the combined company
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NICE offers selective laser therapy for glaucoma and ocular hypertension

Feb. 1, 2022
By Mark McCarty
The U.K. National Institute for Health and Care Excellence (NICE) has endorsed the use of selective laser therapy treatment (SLT) instead of eyedrops as treatment of chronic open-angle glaucoma (COAG) and ocular hypertension. The shift would seem to drive spending in the U.K. away from drugs and toward devices for a condition afflicting nearly 10% of citizens over the age of 75.
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Eyelib in an eye clinic

Mikajaki reported European commercial launch for its automated ophthalmic diagnostics platform

Jan. 27, 2022
By Bernard Banga
PARIS – Mikajaki SA reported the commercial launch of Eyelib, a robotic ophthalmic diagnostics platform. One year after obtaining CE marking, the Swiss-based med-tech is rolling out a wide-scale launch of its automatic ophthalmology examination system onto the European market.
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Close-up of elderly eye

Microkpro receives NMPA’s first approval of artificial cornea free of biological materials

Jan. 25, 2022
By Doris Yu
Beijing Microkpro Medical Instrument Co. Ltd. has received marketing approval for its artificial cornea from China’s NMPA. Miok Keratoprosthesis is the world’s first artificial cornea made of 100% non-biological materials and does not require co-implantation of donor corneas, according to Microkpro Medical.
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Eye wireframe illustration

Glaukos sees a way to raise revenue with Iprime clearance

Jan. 7, 2022
By Annette Boyle
Glaukos Corp. received a green light from the FDA for its Iprime device for the delivery of viscoelastic fluid during ophthalmic surgery, which could help the company to recover some of the revenue lost by cuts to reimbursement for its minimally invasive glaucoma surgery (MIGS) product, Istent. A launch date has not been announced.
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Man wearing Ophthalmic Sciences' VR headset

Ophthalmic Sciences eyes 2023 for launch of AI device for glaucoma

Dec. 6, 2021
By Catherine Longworth
Israeli startup Ophthalmic Sciences Ltd. is targeting 2023 for regulatory clearance of its artificial intelligence (AI)-based contactless intraocular pressure (IOP) measuring device, IO Perfect. The technology, which combines AI visual analysis in a virtual reality headset, enables remote monitoring of glaucoma. The device is designed to be used at home, in eye clinics, emergency room departments, pharmacies and primary physician settings.
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Product image with microscopic close up

Istar reports first implants of Miniject glaucoma device after CE mark approval

Nov. 19, 2021
By Nuala Moran
LONDON – The first commercial implantations of Istar Medical SA’s minimally invasive Miniject supraciliary glaucoma drainage device have taken place in Germany, following European CE approval for the product.
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