InSite, Nicox enter licensing agreement for AzaSite, AzaSite Xtra and BromSite

InSite Vision and Nicox have entered into a licensing agreement for the development and commercialization of InSite’s AzaSite, AzaSite Xtra and BromSite, according to a press release.Under the agreement, Nicox is granted exclusive rights to commercialize the products in Europe, the Middle East and Africa. InSite will receive an upfront payment of $3 million and potentially $13.75 million in milestone payments, the release said.

Myopia in Chinese students more prevalent in middle-income province vs. low-income province

The prevalence of clinically significant myopia among middle-income students in China may be almost twice that of lower-income students, according to a study.The study compared students from China’s 14th ranked administrative region of Shaanxi vs. students from the second poorest province of Gansu; 19,626 students were randomly selected from one class among the fourth and fifth grades from one school of each township from each of the provinces. Clinically significant myopia was classified as uncorrected visual acuity of 6/12 or worse in either eye and a spherical equivalent of–0.5 D (Read more...)