IOPtima Completes Development of Novel Laser-Based Therapy for Glaucoma

Business Wire

IOPtima announced today that it has completed development of its OT134 device, a novel laser-based therapy for the treatment of glaucoma. The second-generation OT134 is based on IOPtima's smart laser-based technology known as LNPDS (CO2 Laser Non-Penetrating Deep Sclerectomy) that has already been successfully tested on 23 glaucoma patients in clinical trials. The OT134 upgrades the previous prototype with improved efficacy and ergonomic features.

"Our innovative laser-based technology for the first time provides eye surgeons with an easy-to-use and safe method for treating glaucoma that is likely to be adopted by a large number of eye surgeons," said Dr. Joshua Degani, CEO of IOPtima.

"IOPtima's laser filtration system offers significant efficacy and safety advantages, as well as the risk of far fewer complications, over traditional drug and surgery therapies for glaucoma," said Prof. Ehud Assia, M.D., Director of the Dept. of Opthalmology at Meir Hospital, Israel and IOPtima's Chief Scientist.

IOPtima plans to begin later this year a multinational long-term human clinical trial testing the OT134's efficacy at leading ophthalmology centers around the world.

About IOPtima's Technology

The most efficient currently-used surgical approach is known as Trabeculectomy. Non-Penetrating Deep Sclerectomy surgery is a similar but modified procedure causing a significantly smaller number of side effects. Both technologies reduce intraocular pressure, the key cause of glaucoma, by removing scleral tissue in a small flap of the eye. Whereas in conventional trabeculectomy, the surgeon penetrates through the wall of the eye, in the NPDS procedure, the surgeon only penetrates to approximately 95% of the scleral depth while leaving a residual intact thin layer of several dozen microns. Doing so without inadvertently perforating the thin trabecular membrane is at present very demanding and requires great skill and vast experience. Consequently only a small number of eye surgeons are able to perform this procedure, and the potential benefits of the non-penetrating surgical approach are not widely available to glaucoma patients.

IOPtima's unique approach removes the risk of perforating the membrane and minimizes the risk of perforating the scleral tissue because its CO2 laser-based system is self-terminating once the desired scleral thickness has been achieved. This elegant self-regulation is possible because the CO2 laser essentially stops ablating as soon as it comes in contact with the intra-ocular percolated liquid, which is what occurs as soon as the laser reaches the optimal residual intact layer thickness.

The OT134 is expected to make non-penetrating deep sclerectomy surgery accessible to all eye surgeons in a safe, fast and cost effective manner.

The Market

It is estimated that nearly 67 million people worldwide suffer from glaucoma. Glaucoma is a chronic disease that requires life-long therapy. Medication treatments, amounting to $2-3 billion spent globally each year, often fail because of low patient compliance and because in many cases it has limited long term efficacy. Early surgical intervention is sometimes more effective than surgery performed after many years of drug therapy.

In the United States, glaucoma is the second leading cause of blindness. It is estimated that up to 3 million Americans, aged 40 and over, have glaucoma and 15 million more are at risk for vision loss from glaucoma. Today, about 500,000 surgical procedures are performed annually in the USA alone: 125,000 trabeculectomies, 250,000-300,000 trabeculoplasties, and 75,000-125,000 other surgical procedures, representing a total expenditure of approximately $750 million.

The availability of a safe surgical procedure can be expected to significantly increase the number of surgical interventions.

About IOPtima

IOPtima Ltd. (formerly Optotech) focuses on the discovery, development and commercialization of innovative and proprietary technologies for the treatment of glaucoma -- a common eye disease that leads to loss of sight. The company has developed an innovative non-penetrating, easy-to-use system, based on CO2 laser technology, for the treatment of glaucoma. IOPtima has completed successful human clinical trials on 23 subjects with its first generation device.

IOPtima believes that its innovative new OT134 system will offer significant advantages over traditional therapies for glaucoma, such as simplicity, higher efficacy, lower risks to the patient, fewer side effects and lower costs. The availability of a safe surgical procedure is expected to increase the number of surgical interventions.

IOPtima holds a U.S. patent on the basic concept of the technology that it has developed for the treatment of glaucoma, and has filed requests for patent registration in additional countries.

IOPtima is a subsidiary of Bio-Light Life Science Investments, a management and holding company specializing in biomedical technologies. Bio-Light is traded on the Tel Aviv Stock Exchange under the symbol (TASE:BOLT).

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