.FDA Approves Bausch + Lomb, Novaliq Dry Eye Disease Drug

BIOMARKER

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1. The FDA has approved Bausch + Lomb and Novaliq's Miebo ophthalmic solution to treat dry eye disease.

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2. Miebo is administered as a single drop four times a day and targets tear evaporation.

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3. The drug's active ingredient, perfluorohexyloctane, forms a protective layer over the tear film.

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4. Clinical studies showed that Miebo significantly improved eye dryness and ocular surface integrity.

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5. Symptom relief was observed as early as day 15 and lasted for the entire 57-day duration.

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6. Miebo is expected to be available in the US market in the second half of 2023.

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7. No boxed warning is included on Miebo's label, but patients are cautioned about the risk of blurred vision.

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8. Bausch + Lomb licensed Miebo from Novaliq, with milestones and royalties tied to net sales.

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9. Competitors in the dry eye disease space include Aldeyra's reproxalap and Palatin Technologies' PL9643.

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10. Aldeyra's reproxalap has shown potential benefits in ocular dryness and tear production, with a decision expected in November 2023, while Palatin Technologies presented positive early Phase III data for PL9643.

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