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Alimera, pSivida win FDA nod for Iluvien, finally

 
• By Donna Young

Shares of Alimera and pSivida continued to rise in premarket trading on 29 September after jumping in after-hours trading on 26 September when they revealed the FDA had finally granted its approval to Iluvien (fluocinolone acetonide intravitreal implant) as a treatment for diabetic macular edema (DME) in patients previously treated with a course of corticosteroids without a clinically significant rise in intraocular pressure.

Shares of Alimera and pSivida continued to rise in premarket trading on 29 September after jumping in after-hours trading on 26 September when they revealed the FDA had finally granted its approval to Iluvien (fluocinolone acetonide intravitreal implant) as a treatment for diabetic macular edema (DME) in patients previously treated with a course of corticosteroids without a clinically significant rise in intraocular pressure.

Iluvien had been previously rejected three times by the agency (scripintelligence, 21 October 2013,

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