Latest Drug-Related Developments in Global Dry Eye Disease Market - PowerPoint PPT Presentation

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Latest Drug-Related Developments in Global Dry Eye Disease Market

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The global dry eye disease market capturing a revenue share of $8884.34 million by 2032, CAGR of 5.11% during the assessment forecast period, 2023-2032. Read More – PowerPoint PPT presentation

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Title: Latest Drug-Related Developments in Global Dry Eye Disease Market


1
Latest Drug-Related Developments in Global Dry
Eye Disease Market As per a study on the
incidence and prevalence of dry eye disease in
the United States, the dry eye disease (DED)
prevalence was 5.28 overall, with 2.96 male
beneficiaries and 7.78 female beneficiaries.
According to another study on the economic burden
of dry eye disease in the United States, DED
incurred 55.4 billion in costs annually. Our
predictions project that the global eye disease
market growth is estimated to progress at a CAGR
of 5.11 during 23-32 and garner 8884.34 million
by 2032. As a result, drugs designed with
specific DED indications are ushering in a new
era in dry eye disease management.
  • This blog focuses on some of the recent strategic
    developments related to dry eye disease drugs.
  • OptiLight by Lumenis
  • On 29th April 2021, Lumenis Ltd announced the
    grant of FDA approval for its newest intense
    pulsed light (IPL) device. Subsequently, Lumenis
    launched OptiLight, a bright solution for dry
    eyes.
  • Intense pulsed light (IPL) therapy is a new
    treatment for rosacea and evaporative dry eye.
    Meibomian gland dysfunction (MGD) increases the
    severity of dry eye disease (DED) and can
    clinically impact the patient's quality of life.
    Intense pulsed therapy (IPL) can benefit dry eye
    by enhancing the dysfunction of the meibomian
    glands.
  • OptiLight is patented with Lumenis' OPT
    technology and is designed for a controlled,
    precise, and consistent light-based treatment of
    dry eye disease.
  • Dr. Steven J. Dell, the lead investigator in the
    Lumenis' clinical trial for the FDA and medical
    director

of Dell Laser Consultants, said, "We deal with
dry eye every day, but unless we address the
2
  • underlying inflammation, it's difficult to
    meaningfully impact the disease. OptiLight helps
    us to address the inflammation, as shown in
    Lumenis' IPL clinical trials, and improves signs
    of dry eye disease due to MGD, positioning it as
    a valuable tool in our dry eye toolkit." (Source)
  • Kala announces to sell INVELTYS and EYSUVIS
  • On 23rd May 2022, Kala Pharmaceuticals announced
    its entry into a definitive agreement to sell its
    intellectual property assets and commercial
    portfolio to Alcon Inc. This entails INVELTYS, a
    corticosteroid for treating post-operative pain
    and inflammation following ocular surgery.
    Alongside EYSUVIS, the first and only United
    States Food and Drug Administration
    (FDA)-approved medicine for the short-term
    treatment of symptoms and signs of dry eye
    disease. Kala will receive an advance payment of
    60 million and be eligible for commercial-based
    sales milestone payments.
  • Mark Iwicki, Chief Executive Officer and
    Chairman, Kala, said, "The sale of EYSUVIS and
    INVELTYS is an important step as we execute on
    our strategic plan and pursue our mission of
    delivering innovative therapies that can address
    significant unmet needs in ophthalmology."
    (Source)
  • New Drug Application (NDA) for Reproxalap by
    Aldeyra Therapeutics
  • On 7th February 2023, Aldeyra Therapeutics
    announced the US Food and Drug Administration's
    (FDA) approval for the New Drug Application (NDA)
    for topical ocular Reporxalap. The company
    develops innovative therapies designed to treat
    immune-mediated diseases. The NDA is supplemented
    by previously announced efficacy and safety
    results from well-controlled and adequate
    clinical trials. These encompass data for ocular
    redness, Schirmer test 10 mm responder analysis,
    Schirmer test, ocular redness, and ocular dryness
    symptom score.
  • Reporxalap is a first-in-class investigational
    new drug candidate for treating the symptoms and
    signs of dry eye disease. In dry eye disease
    patients, RASP (reactive aldehyde species) may
    facilitate changes in tear lipid composition,
    ocular redness, diminished tear production, and
    ocular inflammation. Accordingly, Reproxalap
    presents a differentiated and novel approach for
    treating the symptoms of dry eye disease.
  • As stated by Todd C. Brady, MD, Ph.D., President
    and Chief Executive Officer of Aldeyra, "NDA
    acceptance marks a critical regulatory milestone
    for Aldeyra as reproxalap continues to advance
    toward potential regulatory approval for the
    treatment of dry eye disease." (Source)
  • New Drug Application (NDA) for CyclASol by
    Novaliq
  • On 24th October 2022, Novaliq announced the US
    FDA approval of the New Drug Application (NDA)
    for CyclASol. It is a novel anti-inflammatory
    product for treating signs and symptoms of dry
    eye disease. It is preservative-free due to the
    novel carrier and contains no oils or
    surfactants. It offers additional clinical
    benefits like reduced visual disturbances and
    enhanced tolerability.
  • According to Christian Roesky, Ph.D., CEO,
    Novaliq, "This is an exciting time for
    ophthalmologists and optometrists and their
    patients as we are one step closer to address
    important needs and to better treat a serious
    ocular surface condition affecting millions of
    Americans. If approved, CyclASol would be a
    highly potent but comfortable anti-inflammatory
    therapy for patients with dry eye disease."
    (Source)
  • Ongoing Research Development in Global Dry
    Disease Market
  • As per several research investigations, dry eye
    is a lifestyle disease, and most of the
    population is

vulnerable. Accordingly, there have been ongoing
research and developments related to dry eye
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  • treatment and solutions. For instance, European
    Dry Eye Network was established in Europe under
    Horizon 2020. It is a platform for the training
    and career development of 10 early-stage
    researchers (ESRs) in vision sciences. Such
    platforms are predicted to enhance research
    efforts for dry eye disease treatment,
    subsequently influencing the global dry eye
    disease market growth.
  • FAQs
  • Which country has lucrative prospects in the
    global dry eye disease market?
  • A China has lucrative prospects in the global
    dry eye disease market.
  • What are the risk factors of dry eye disease?
  • A As per global experts, the non-modifiable risk
    factors of dry eye disease are age, connective
    tissue diseases, Meibomian Gland Dysfunction,
    Sjogren's syndrome, etc.
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