ATLANTA, Sept. 12, 2017 (GLOBE NEWSWIRE) — Alimera Sciences, Inc. (NASDAQ:ALIM) (Alimera), a leader in the commercialization and development of prescription ophthalmic pharmaceuticals, today announced that ILUVIEN, its sustained release intravitreal implant for the treatment of diabetic macular edema (DME), is now available in Ireland through VHI Healthcare Group, the leading Irish healthcare provider.
âDiabetes remains the most serious cause of severe vision loss in people of working age in Ireland, and diabetic macular edema is the cause in around 10% of those cases,â said Marie Hickey Dwyers, former president of the Irish College of Ophthalmologists. âThe approval of ILUVIEN in Ireland is exciting news for all those patients who are no longer responding to their first-line DME treatment. The ILUVIEN implant could mean the difference between a patient having increasingly deteriorating sight, and being able to drive again. I look forward to having ILUVIEN as an option for my patients.â
âIn post-marketing studies in our European markets and the U.S., ILUVIEN has proven to be an effective, long-lasting treatment for DME that decreases treatment burden. We are excited that DME patients in Ireland will have access to this long-lasting treatment that provides continuous daily micro-dosing for up to three years,â said Dan Myers, Alimeraâs CEO. âWe are also proud to be working with the largest Irish healthcare provider to open the gateway for ILUVIEN in Ireland.â
ILUVIEN (fluocinolone acetonide intravitreal implant) 0.19 mg is a sustained release intravitreal implant indicated in the E.U. to treat vision impairment associated with chronic DME considered insufficiently responsive to available therapies. Each ILUVIEN implant with its continuous microdosing is designed to release submicrogram levels of fluocinolone acetonide, a corticosteroid, for 36 months, enabling the physician to treat the disease consistently every day.
About Diabetic Macular Edema (DME)
DME, the primary cause of vision loss associated with diabetic retinopathy, is a disease affecting the macula, the part of the retina responsible for central vision. When the blood vessel leakage associated with diabetic retinopathy results in swelling of the macula, the condition is called DME. The onset of DME is painless and may go unreported by the patient until it manifests with the blurring of central vision or acute vision loss. The severity of this blurring may range from mild to profound loss of vision. The Wisconsin Epidemiologic Study of Diabetic Retinopathy found that over a 10-year period approximately 19% of people with diabetes included in the study were diagnosed with DME. All people with type 1 or type 2 diabetes are at risk of developing DME.
About VHI Healthcare Group
Since 1957, VHI has been helping people in Ireland to access the best value, quality private healthcare through its extensive range of diverse healthcare products and services. With one million customers, they continue to be the market leader for health insurance in Ireland. The brand promise – âWhen you need us, we’re thereâ – is true for practically every medical eventuality, whether you need coverage for hospital treatment, daycare treatment, day-to-day expenses, multi-trip travel insurance, expatriate insurance, dental, walkâin urgent care, medical screening, occupational health, employee assistance programs or hospital in the home services. Customers and their dependents are covered individually, or through membership of one of more than 8,000 corporate and affinity group schemes countrywide.
For more information, visit https://www.vhi.ie/home.
About Alimera Sciences, Inc.
Alimera, founded in June 2003, is a pharmaceutical company that specializes in the commercialization and development of prescription ophthalmic pharmaceuticals. Alimera is presently focused on diseases affecting the back of the eye, or retina, because these diseases are not well treated with current therapies and will affect millions of people in our aging populations. Alimeraâs commitment to retina specialists and their patients is manifest in Alimeraâs product and development portfolio designed to treat early- and late-stage diseases. For more information, please visit www.alimerasciences.com.
Forward Looking Statements
This press release contains âforward-looking statements,â within the meaning of the Private Securities Litigation Reform Act of 1995, regarding, among other things, the availability of ILUVIEN to patients in Ireland. Such forward-looking statements are based on current expectations and involve inherent risks and uncertainties, including factors that could delay, divert or change any of them, and could cause actual results to differ materially from those projected in its forward-looking statements. Meaningful factors which could cause actual results to differ include, but are not limited to, the willingness of physicians in Ireland to accept ILUVIEN for use with their DME patients, as well as the other factors discussed in the âRisk Factorsâ and âManagementâs Discussion and Analysis of Financial Condition and Results of Operationsâ sections of Alimeraâs Annual Report on Form 10-K for the year ended December 31, 2016 and Quarterly Report on Form 10-Q for the quarter ended June 30, 2017, which are on file with the Securities and Exchange Commission (SEC) and available on the SECâs website at www.sec.gov. Additional factors may be set forth in those sections of Alimera’s Quarterly Report on Form 10-Q for the quarter ending September 30, 2017, to be filed in the fourth quarter of 2017 with the SEC. In addition to the risks described above and in Alimeraâs Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, Current Reports on Form 8-K and other filings with the SEC, other unknown or unpredictable factors also could affect Alimeraâs results. There can be no assurance that the actual results or developments anticipated by Alimera will be realized or, even if substantially realized, that they will have the expected consequences to, or effects on, Alimera. Therefore, no assurance can be given that the outcomes stated in such forward-looking statements and estimates will be achieved.
All forward-looking statements contained in this press release are expressly qualified by the cautionary statements contained or referred to herein. Alimera cautions investors not to rely too heavily on the forward-looking statements Alimera makes or that are made on its behalf. These forward-looking statements speak only as of the date of this press release (unless another date is indicated). Alimera undertakes no obligation, and specifically declines any obligation, to publicly update or revise any such forward-looking statements, whether as a result of new information, future events or otherwise.