Quick Hits
Implanted IOP sensor successful in trial
It delivers pressure readings on demand.
Implandata Ophthalmic Products GmbH (Hanover, Germany) has successfully completed its ARGOS-01 pilot study for the first implantable, permanent IOP sensor. The micro sensor allows close monitoring of patients’ disease status and glaucoma therapy success, with IOP readings obtained on demand through a hand-held RFID device.
Through simple and more frequent measurements of IOP, the ophthalmologist has faster access to information on therapy response, enabling the doctor to adjust therapy immediately or when necessary, preventing further vision loss due to increased IOP. Patients can perform measurements by themselves at home and under normal life conditions, potentially leading to increased adherence to therapy regimens.
“This is a major technology milestone and clinical breakthrough,” says Robert N. Weinreb, MD, director of Shiley Eye Centers at the University San Diego and a consultant to Implandata. “Glaucoma clinicians and researchers from all over the world are eagerly awaiting applicable technologies to continuously measure real intraocular pressure. This will lead to more efficient management and improved therapy of glaucoma patients.”
In addition, Implandata believes its technology could represent the starting point to find answers to fundamental, currently unanswered questions, such as what specific pressure situations are responsible for progression of glaucoma and how therapeutic regimens can be adjusted accordingly.
Patients can obtain IOP readings on demand with a radio frequency device.
Within the ARGOS-01 study, six glaucoma patients were implanted with the micro sensor for IOP measurement at University Eye Clinic in Aachen, Germany. Over 12 months, the investigators monitored tolerance of the implant and functionality. They reported limited product-related issues, all of which a minor design optimization of the implant addressed.
Implandata says the sensor implants have delivered reliable measurements of intraocular pressure. Currently, Implandata is preparing its multi-centric ARGOS-02 study, which will include a larger number of patients.
IN THE NEWS
Court upholds Allergan patent on Lumigan
US District Court for the Eastern District of Texas ruled on that one of Allergan’s key products, the glaucoma medication Lumigan 0.01% (bimatoprost), has been entitled to patent protection until 2027. Several drug companies had announced intentions to produce generic versions of Lumigan, claiming that the five patents protecting the drug were no longer valid. The judge ruled the defendants could not sell their generic versions of bimatoprost until Allergan’s last patent expires in 2027.
Regeneron to begin two-drug trial for treatment of wet AMD
Anti-VEGF and anti-PDGF in a single injection.
The race for a next-generation therapy to combat wet AMD continues as Regeneron Pharmaceuticals has announced plans to soon launch a clinical trial combining two internally developed drugs in a single injection. This move represents an advance for Regeneron’s research efforts. No other company developing drugs to treat retinal disease has yet been able to begin a clinical trial combining two therapeutic agents in a single injection
In mid-January, Regeneron and Bayer HealthCare said they have agreed to move ahead with an innovative antibody to PDGFR-beta, or platelet derived growth factor receptor-beta, as a potential combination therapy with its approved drug Eylea (aflibercept) for the treatment of wet AMD.
Regeneron says preclinical data has suggested that combining PDGFR-beta blockade with vascular endothelial growth factor (VEGF) blockade by Eylea can provide advantages over inhibiting VEGF alone in the treatment of this disease. First human clinical studies are currently planned to begin in the next few months, Regeneron says.
“Given the multi-factorial nature of wet AMD, there is a potential for additional benefits to patients by addressing different pathways responsible for this devastating condition,” says Kemal Malik, MB, member of the Bayer HealthCare executive committee and head of global development for the company. “Inhibition of PDGF is one such pathway and we are looking forward to developing a potential combination therapy together with Regeneron.”
Adds George D. Yancopoulos, MD, PhD, chief scientific officer of Regeneron and president of Regeneron Laboratories: “Bayer has been a great collaborator in the development and commercialization of Eylea outside the United States. We look forward to building on our relationship in ophthalmology with this potential next-generation product candidate which will combine Regeneron’s PDGFR-beta antibody and Eylea in a single intravitreal injection.”
Under the terms of the agreement, Bayer HealthCare will make an up-front payment of $25.5 million to Regeneron and will share global development costs for the program. Bayer HealthCare will have exclusive commercialization rights to the combination product outside the United States, where it will share profits from international sales equally with Regeneron. Within the United States, Regeneron has exclusive commercialization rights and will retain 100% of the profits from sales.
IN THE NEWS
Carl Zeiss Meditec buys IOL maker
Carl Zeiss Meditec AG has acquired 100% ownership of IOL maker Aaren Scientific through its US subsidiary, Carl Zeiss Meditec (Dublin, Calif.). Aaren, which has 235 employees and is based in Ontario, Calif., has been manufacturing IOLs for 25 years and has pioneered computer-controlled IOL manufacturing. Aaren had sales of around $20 million in 2012, most of which came from outside the United States.
Zeiss said the acquisition, reportedly for $70 million in cash, will offer ophthalmic surgeons a broader portfolio of IOL solutions. Within the United States, Aaren’s range of Aaris IOLs are manufactured using the company’s proprietary hydrophobic acrylic material. Aaren’s three-piece IOLs are FDA-approved and available in both spherical and aspherical designs. Aaris says its hydrophobic three-piece IOLs offer a square-edge design, superior stability and a refractive index equal to PMMA, but with no glistenings. The FDA recently approved the company’s Aero IOL Injection System for use with Aaren’s three-piece IOLs.
Carl Zeiss Meditec said Aaren CEO and co-founder Rick Aguilera and his entire management team will remain in place.
Generic bromfenac approved
Hi-Tech Pharmacal Co. said the FDA has granted final approval for the company’s abbreviated new drug application for bromfenac ophthalmic solution 0.09% (once-a-day), the generic for ISTA Pharmaceuticals’ Bromday ophthalmic solution, 0.09%. The product is used to treat postoperative inflammation and ocular pain in patients who have undergone cataract surgery. Hi-Tech, which is in the process of being acquired by Akorn Inc., plans to launch the product immediately.
Hearing services can be a profit center |
tips of the month |
In recent years, many ophthalmology practices seeking to develop the self-pay percentage of their revenues have added hearing services to their patient offerings. Here, Peter J. Polack, MD, FACS, of Ocala Eye (Ocala, Fla.) explains the advantages of adding hearing services to your practice.
1. Hearing services are complementary to an eye-care practice. Because most ophthalmology practices serve a patient base weighted toward a senior population, these same seniors are also excellent candidates to have their hearing checked. It’s quite common to find hearing loss associated with eye disease, with many patients unaware they have a hearing deficit.
2. Patients trust their eye doctor. In a survey of patients that our practice conducted before we added hearing services, 80% of respondents said they would trust us to evaluate their hearing.
3. Hearing programs are relatively easy to initiate. We chose to affiliate with a leader in turnkey hearing programs for ophthalmic practices. This is because the company offered us pricing advantages on hearing aids and supplies, while also providing expert assistance in setting up our program. Your biggest decision will be hiring a qualified hearing professional to run the program. The hearing services company can provide a list of suitable candidates.
CORRECTION
In the “AAO New Technology Report” (December 2013, page 68) the topical NSAID Prolensa (bromfenac, Bausch + Lomb, Rochester, N.Y.) was misidentified as a topical corticosteroid. The companion drug, Lotemax (lotoprednol) is a corticosteroid. Ophthalmology Management regrets the error.
New federal standards allow faster claims payments
Electronic claims processing made simpler.
By René Luthe, Senior Associate Editor
With all the regulatory burdens weighing on medical practices this year, Robert Tennant, senior policy advisor at Medical Group Management Association, wants physicians to know the Affordable Care Act includes something to make their lives easier.
“Buried in the ACA section 1104, Administrative Simplification — it requires the government to develop new standards and what are called operating rules for many of the transactions that practices engage in with health plans.,” he notes.
These simplification opportunities for practices include EFT — electronic funds transfer — as well as electronic remittance advice, or ERA, the information the payer sends back to the practice regarding payment of individual claims. Health insurance companies now must offer both to practices in standard formats.
A streamlined process
Instead of the current practice of receiving reimbursement from payers in the form of a paper check in the mail, and then sometime later receiving a paper remittance advice for those claims, also through the mail, these two steps can be done electronically. While EFT gets a practice its reimbursements more quickly by depositing them directly into the practice’s bank account, ERA enables the practice to avoid the difficulties that often occur when the identification numbers associated with the remittance advice statement do not match the reimbursements, or payers bundle their payments and staff try to determine if the plan paid correctly.
“It’s a huge drain on practice resources,” says Mr. Tennant. “That will all change with ERA, in which the health plan has to send what is called a ‘trace number’ that matches the payment with the remittance.” If you have not implemented practice management system software capable of processing these automated transactions yet it would preclude your participation in ERA, but not, thankfully, EFT. “You can be totally paper, but for EFT, all you need is a bank account and you get those payments sent to you electronically,” Mr. Tennant explains.
A standardized EFT enrollment website is available (www.caqh.org) but as of now only a handful of payers are participating. Until more do, practices wanting to enroll in EFT or ERA should go to the websites of payers with whom they have contracts to do so.
IN THE NEWS
Imprimis to pursue compounding initiatives
Imprimis Pharmaceuticals (San Diego), a pharmaceutical company focused on commercial development of novel drug formulations and drug-delivery technologies, said it will pursue a compounding pharmacy strategy in 2014 and beyond.
The recently passed Drug Quality and Security Act allows large drug-compounding facilities to register as “outsourcing facilities.” Imprimis says it hopes to eventually establish and voluntarily register its outsourcing facilities and be subject to all regulatory requirements and regular FDA inspection.
“We believe that bipartisan passage of this law sends a clear signal that our leaders in Washington recognize the broad benefits of compounding pharmacies and the important role they play in the evolving healthcare delivery landscape, said Mark L. Baum, Imprimis chief executive officer..
ReSure Sealant gets FDA approval
For preventing wound leaks after cataract surgery.
Ocular Therapeutix (Bedford, Mass.) has received FDA approval to commercialize the ReSure Sealant in the United States, with an indication for prevention of postoperative fluid egress from incisions with a demonstrated wound leak following cataract surgery.
The ReSure Sealant is the first and only sealant that is FDA-approved for ophthalmic use.
The company said ReSure Sealant was evaluated in a prospective, controlled, randomized, multicenter clinical trial for prevention of fluid egress in clear corneal incisions against sutures, and demonstrated superiority over sutures by successfully preventing wound leaks in 95.9% of cases, compared to 65.9% of cases with sutures. The ReSure Sealant also demonstrated significantly fewer device-related adverse events than the control group — 1.6% vs. 30.6%, respectively.
“Eye surgeons have been waiting for an alternative to suture that is easy to apply, comfortable for the patient, and does not require removal following surgery,” says John Hovanesian, MD, of Harvard Eye Associates, Laguna Hills, Calif., and a principal investigator in the pivotal clinical trial. “Beyond those advantages, the ReSure Sealant has shown itself to be even more effective than suture in sealing corneal incisions against the real-world forces that can cause wound leaks after cataract surgery. I foresee this device becoming a staple in ophthalmic practices nationwide.”
ReSure Sealant is a patented polyethylene glycol-based (PEG) hydrogel applied as a liquid and gels on the surface of the eye in less than 20 seconds. Once the ReSure material gels, it remains localized over the incision to seal the wound and form a lubricious surface barrier.
The material is designed to stay on the incision in the immediate postoperative period when wounds are the most vulnerable to leakage, after which it gently sloughs off in the patient’s tears.
IN THE NEWS
Kala explores new pathway for loteprednol etabonate
Kala Pharmaceuticals has submitted an Investigational New Drug application to the FDA to initiate a phase 3 clinical program for its loteprednol etabonate ophthalmic nano-suspension product for the treatment of postoperative inflammation and pain following cataract surgery. The company’s proprietary Mucosal Penetrating Product (MPP) formulation delivers the drug through the mucus layer of the ocular surface, with the goal of facilitating penetration into deeper tissues of the eye, including the aqueous humor and retina.
This will be the first human trial for loteprednol etabonate using this pathway. Kala says it plans to go directly from preclinical testing to a phase 3 trial because loteprednol etabonate is an FDA-approved steroid that has been in regular use for a number of years. The trial objective is to demonstrate anti-inflammatory efficacy similar to that of other steroid-based treatments with less frequent (twice-daily) dosing while maintaining the safety profile of current loteprednol etabonate products.
Eleven Biotherapeutics to go public
Eleven Biotherapeutics (Cambridge, Mass.), a developer of ophthalmic drugs based on a proprietary protein engineering platform, has filed a registration statement with the SEC to sell shares of the company to the public to raise up to $69 million. The number of shares to be offered and the price range for the shares has not yet been announced. The stock will trade on NASDAQ under the symbol EBIO
Currently, Eleven has a topical dry eye therapy about to enter phase 3 clinical trials and a topical drug to treat allergic conjunctivitis about to enter phase 2 clinical trials. The company has other injectable ophthalmic drugs entering preclinical testing for the treatment of DME and uveitis.
LASIK pioneer Dr. David Dulaney dies
David Dulaney, MD, a founding partner of the now statewide Barnet Dulaney Perkins ophthalmology practice in Arizona, died at age 76. Dr. Dulaney was known as an innovator and LASIK pioneer.
Colleagues considered Dr. Dulaney a true visionary, continually pushing the envelope toward innovation and new ideas. He was one of the first US ophthalmologists to perform LASIK, purchasing the first microkeratome in the United States after having traveled to Bogota, Colombia, to see it used. He was also one of the few first investigators to use the implantable contact lens, as early as 1996, almost 10 years before FDA approval.
Dr. Dulaney was the first ophthalmologist to perform a procedure on the Wavelight Allegretto laser when it was brought to the United States for clinical trials. His history includes being the first in Arizona to use a YAG, one of the first in the state to develop an ASC for eye surgery and being an early adopter of clear cornea incisions in cataract surgery.
AqueSys receives additional financing
AqueSys Inc., a California-based medical device company that develops, manufactures and internationally markets the XEN Gel Stent technology for treating glaucoma, has secured $43.6 million in new financing from its venture capital partners.
AqueSys also successfully completed enrollment of its first FDA IDE study and begun enrollment of its second FDA-approved IDE study with another XEN Gel Stent model. OM