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The Ophthalmologist / Issues / 2016 / May / Business in Brief
Professional Development Anterior Segment Cornea Business and Entrepreneurship

Business in Brief

CXL gets the green light in the USA, Valeant announces new CEO, and Alcon teams up with PowerVision

By Mark Hillen 5/5/2016 1 min read

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  • Avedro has finally received the long-awaited FDA approval for its corneal collagen cross-linking platform. The KXL System – and Photexra Viscous and Photrexa photoenhancers for use with the system – are indicated for the treatment of progressive keratoconus. 
  • Valeant has announced Joseph Papa from OTC pharma company Perrigo, as its new CEO. Papa is expected to join the company in early May.
  • Alcon has entered a strategic alliance with PowerVision to develop fluid-based accommodating IOLs for cataract patients who also have presbyopia. The alliance will fund further clinical development and trials, and will provide Alcon with the option to purchase PowerVision.

  • Nicox has submitted a new drug application to the FDA for AC-170 – a cetirizine eye drop formulation for the treatment of ocular itching associated with allergic conjunctivitis.  
  • The dust is still settling after the Allergan-Pfizer deal fell through in early April. Whilst rumors are rife that Allergan may be interested in Bausch+Lomb, there is no clear answer yet, although industry insiders are saying that Allergan is not denying that Bausch + Lomb is not of interest if it is available for the right price. 
  • ArcScan has received FDA 510(k) clearance for its ArcScan Insight 100 device which is indicated for refractive surgical planning and evaluation of anterior segment pathology.

About the Author(s)

Mark Hillen

I spent seven years as a medical writer, writing primary and review manuscripts, congress presentations and marketing materials for numerous – and mostly German – pharmaceutical companies. Prior to my adventures in medical communications, I was a Wellcome Trust PhD student at the University of Edinburgh.

More Articles by Mark Hillen

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