January 2016 Newsletter

January 20, 2016:

2015 in Review: Ophthalmic Industry Continues to Expand at Dizzying Pace

This year, Market Scope has divided our “Year in Review” coverage across the January and February issues of the newsletter.

January 20, 2016:

Irvine, CA, is Nexus of Global Innovation In Ophthalmology

Area leads in eye care firms, technology, talent pool, and other lifestyle benefits.

January 20, 2016:

Date for Pearson’s Return Uncertain as Valeant Provides Financial Update

Company expects 2016 revenues of $12.5 billion to $12.7 billion.

January 20, 2016:

Valeant’s Walgreens Deals May Disrupt Pricing of Ophthalmic Drugs

The first agreement cuts the wholesale list prices of branded prescription eye and skin products by 10 percent; the second reduces the price of more than 30 branded products to that of generics.

January 20, 2016:

Allergan, Pfizer Discuss Whether Combined Entity Will Split in 2018

Pfizer CEO Ian Read said he is creating the infrastructure, even though the decision is two years away.

January 20, 2016:

Alcon Opens $8 Million Training Center for Eye Care Professionals

The 36,000-square-foot center features a fully equipped optometric training clinic and 12-station wet lab.

January 20, 2016:

US Lawmakers Suspend Medical Device Tax, Boost Funding for Health Agencies

Overall, the IRS collected $1.4 billion in medical device taxes in 2013 and $1.9 billion in 2014.

January 20, 2016:

2015 in Review: IOL Market Shows Modest Growth, Driven by Premium IOLs

Global revenues totaled $3.26 billion, an increase of 6 percent over 2014; cataract surgeries grew to nearly 24.4 million globally.

January 20, 2016:

2015 in Review: FLCS Use Rises, But Key Opinion Leaders Not Convinced

Several companies working on automated capsulotomy devices as alternative.

January 20, 2016:

2015 in Review: Refractive Surgery Market Sees Slight Increase in Demand

Japan continued to see a drop in interest for LASIK, though at a slower rate; other markets saw roughly flat demand or an upward tick.

January 20, 2016:

2015 in Review: Retinal Pharma Market Maintains Intense Pace

Anti-VEGFs Lucentis and Eylea gained new indications; Ophthotech’s Fovista continued to create excitement; and Spark reported positive results.

January 20, 2016:

2015 in Review: Retinal Surgical Device Market Posts Strong Results

Global revenues totaled nearly $1.8 billion for the year; Alcon saw robust demand for its market-leading Constellation.

January 20, 2016:

2015 in Review: Late-Stage Glaucoma Drug Candidates Jockey for Finish Line

FDA accepted Bausch + Lomb’s NDA for Vesneo in September 2015; Aerie allowed to alter the primary endpoint in Rhopressa’s second Phase III study.

January 20, 2016:

2015 in Review: MIGS Advances Headline Glaucoma Surgery Market

Glaukos became first publicly traded MIGS company, while nearly 70,000 iStents were implanted in the US in 2015.

January 20, 2016:

2015 in Review: Diagnostic Equipment Market Sees Advances in Biometry, OTC

Introduction of OCT angiography provided visibility to additional structures in eye; Zeiss gained approval in this space with AngioPlex add-on for Cirrus 5000.

January 20, 2016:

2015 in Review: Dry Eye Procedure Segment Grows; Pharma Has Mixed Success

TearScience’s LipiFlow procedure showed impressive revenue gains; Ikervis was launched in Europe, while other drug candidates faced setbacks.

January 20, 2016:

Market Report: Ophthalmic Diagnostic Equipment Market Generates $3.1 Billion in 2015

More than 75 firms manufacture ophthalmic diagnostic equipment; Carl Zeiss Meditec is the market leader in this segment with a 25 percent market share.

January 20, 2016:

Market Report: Dry Eye Market will be Driven by New Drugs and Procedures, Improving Access to Care

Revenues in the segment are estimated to total $2.8 billion in 2015.

January 20, 2016:

Lee Nordan Dies at 69

The highly acclaimed ophthalmologist died Dec. 21, 2015, following a battle with glioblastoma.

January 20, 2016:

Vision Improving in Briton with Alpha IMS Implant

Rhian Lewis was originally diagnosed with retinitis pigmentosa at age 5 and lost all of her vision six years before her implant procedure.

January 20, 2016:

January 2016 News Briefs

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