Author: Healio ophthalmology

TearLab posts quarterly net loss

TearLab reported a net loss of $0.9 million, or $0.09 per share, in the first quarter of 2018 compared with a net loss of $4.4 million, or $0.82 per share, in the same time period of 2017.
Revenues for the quarter decreased 3.8% from 2017’s total of $6.7 million to $6.4 million this year, according to a press release.
Research and development costs decreased from $1.5 million to $1 million for the quarter, while general and administrative costs went down from $2.2 million to $2 million.
The company had $7.4 (Read more...)

TearLab posts quarterly net loss

TearLab reported a net loss of $0.9 million, or $0.09 per share, in the first quarter of 2018 compared with a net loss of $4.4 million, or $0.82 per share, in the same time period of 2017.
Revenues for the quarter decreased 3.8% from 2017’s total of $6.7 million to $6.4 million this year, according to a press release.
Research and development costs decreased from $1.5 million to $1 million for the quarter, while general and administrative costs went down from $2.2 million to $2 million.
The company had $7.4 (Read more...)

June is Cataract Awareness Month

Prevent Blindness has named June Cataract Awareness Month, using the designation to educate the public about risk factors, symptoms and treatment options.
More than 25 million Americans have cataract, with that number expected to grow to 38.5 million by 2032 and 45.6 million by 2050, according to the organization.
Risk factors include aging, intense heat or long-term UV exposure, inflammation, certain diseases such as diabetes, hereditary influences, eye injuries and smoking.
Healio.com/OSN presents the top five cataract-related articles from the first half of 2018:
 
FDA approves Dexycu to

June is Cataract Awareness Month

Prevent Blindness has named June Cataract Awareness Month, using the designation to educate the public about risk factors, symptoms and treatment options.
More than 25 million Americans have cataract, with that number expected to grow to 38.5 million by 2032 and 45.6 million by 2050, according to the organization.
Risk factors include aging, intense heat or long-term UV exposure, inflammation, certain diseases such as diabetes, hereditary influences, eye injuries and smoking.
Healio.com/OSN presents the top five cataract-related articles from the first half of 2018:
 
FDA approves Dexycu to

Kala posts quarterly loss

Kala Pharmaceuticals reported a net loss of $11.3 million in the first quarter of 2018 compared with a net loss of $9.8 million in the same time period of 2017, according to a company press release.
General and administrative expenses increased from $1.5 million in 2017’s first quarter to $5.5 million this year, while research and development expenses decreased from $8 million to $5.7 million.
The company had cash of $100.5 million as of March 31.

Kala posts quarterly loss

Kala Pharmaceuticals reported a net loss of $11.3 million in the first quarter of 2018 compared with a net loss of $9.8 million in the same time period of 2017, according to a company press release.
General and administrative expenses increased from $1.5 million in 2017’s first quarter to $5.5 million this year, while research and development expenses decreased from $8 million to $5.7 million.
The company had cash of $100.5 million as of March 31.

APAO welcomes new member societies

Last month we featured the Asia Pacific Tele-Ophthalmology Society in the APAO Edition of Ocular Surgery News. This month we conclude the introduction to our new members by featuring the Asian Neuro-Ophthalmology Society, an associate member of the Asia-Pacific Academy of Ophthalmology.
Founded in 2002, the Asian Neuro-Ophthalmology Society (ASNOS) holds scientific meetings every 2 years with a unique clinicopathologic case presentation conference in the style of the Frank B. Walsh Society meeting, known as “Walsh in Asia,” to promote and expedite the development of

APAO welcomes new member societies

Last month we featured the Asia Pacific Tele-Ophthalmology Society in the APAO Edition of Ocular Surgery News. This month we conclude the introduction to our new members by featuring the Asian Neuro-Ophthalmology Society, an associate member of the Asia-Pacific Academy of Ophthalmology.
Founded in 2002, the Asian Neuro-Ophthalmology Society (ASNOS) holds scientific meetings every 2 years with a unique clinicopathologic case presentation conference in the style of the Frank B. Walsh Society meeting, known as “Walsh in Asia,” to promote and expedite the development of

Iridex posts first quarter net loss

Iridex reported a net loss of $3.6 million in the first quarter of 2018 compared with a net loss of $1.9 million in 2017’s first quarter.
Operating expenses for the quarter rose from $6.3 million in 2017 to $7.5 million this year, which Iridex attributed to investments supporting its commercial infrastructure, including sales and marketing expense increases, according to a press release.
Revenue was down from $10.5 million in the first quarter of 2017 to $9.5 million. The decrease was attributed to lower retina product revenues due to the voluntary (Read more...)

Iridex posts first quarter net loss

Iridex reported a net loss of $3.6 million in the first quarter of 2018 compared with a net loss of $1.9 million in 2017’s first quarter.
Operating expenses for the quarter rose from $6.3 million in 2017 to $7.5 million this year, which Iridex attributed to investments supporting its commercial infrastructure, including sales and marketing expense increases, according to a press release.
Revenue was down from $10.5 million in the first quarter of 2017 to $9.5 million. The decrease was attributed to lower retina product revenues due to the voluntary (Read more...)

FDA issues draft guidance to promote competition, access to drugs

The FDA released several draft guidances today that it said it hopes will assist generic drug makers get their products through the development and approval process while keeping the agency’s Risk Evaluation and Mitigation Strategy, or REMS, safety controls in place.
“Bringing together multiple products under one REMS program can have real benefits for the health care system, including for providers. But, the generic drug maker has to negotiate with the brand firm to enter into a shared REMS programs before the generic drug can be approved. We know that (Read more...)