Navigation Links
Xcovery Vision Founders to Speak at ARVO 2011
Date:4/25/2011

WEST PALM BEACH, Fla., April 25, 2011 /PRNewswire/ -- The ophthalmic therapeutics company Xcovery Vision announced today that Sheridan G. Snyder, OBE, Chairman and CEO, and Dr. Ken Mandell, President and COO, will be speaking at The Association for Research in Vision and Ophthalmology (ARVO) Annual Meeting in Fort Lauderdale Florida, May 1-5, 2011.  Mr. Snyder's talk Perspective of a Serial Entrepreneur recounts his repeated success as founder of multiple biotech companies that include Genzyme, Upstate Biotechnology, Biotage and Molecular MD.  

Dr. Ken Mandell will present preclinical study results with Xcovery Vision's novel angiogenesis inhibitor XV-615 currently being developed for age-related macular degeneration (AMD). This study Intravitreally Delivered VEGFR/PDGFR Inhibitor XV-615: Safety Assessment in Rabbits was conducted in collaboration with Massachusetts-based ocular therapeutics company EyeGate Pharma (www.eyegatepharma.com).

About the Ophthalmology Drug Market

Ophthalmic drugs constitute a prominent segment of the global pharmaceutical market. From 2003 to 2008, sales of ophthalmic medications nearly doubled from $2.9 billion to $5.2 billion in the U.S. alone. Globally, ophthalmic pharmaceuticals are growing at annual rate of 6% and expected to reach $33 Billion by 2023. This growth has been attributed in part to the aging population in which the prevalence of diseases such as age-related macular degeneration (AMD), diabetic retinopathy, glaucoma and dry eye syndrome are steadily rising.  There is therefore an increasing need for novel therapies to provide treatment to this growing patient population.

About Age-related Macular Degeneration (AMD)

AMD is the leading cause of blindness in patients over 55 in the United States and affects 50 million people worldwide.  More than 10 million people in U.S. are currently affected alone and this number is projected to double by 2020.  The macula is part of the retina responsible for central vision, and AMD is characterized by slow deterioration of central visual acuity.  Approximately 5-10% of patients with AMD develop abnormal blood vessel growth underneath the macula which leak and distort vision.  This is known as "wet" (exudative) AMD.  Current treatments for wet AMD involve monthly injections of medication directly into the eye.  

About XV-615

XV-615 is novel tyrosine kinase inhibitor with dual activity against the vascular endothelial growth factor receptor (VEGFR) and platelet-derived growth factor receptor (PDGFR). Xcovery Vision is developing XV-615 as an extended-release intravitreal injection for wet AMD.  Preclinical studies to date demonstrate safety, efficacy and formulation properties that are ideal for ophthalmic applications.  XV-615 has the potential to improve efficacy for treatment of wet AMD because it targets two synergistic pathways mediated by VEGFR and PDGFR.  As an extended-release formulation, XV-615 also has the potential to improve safety by reducing the frequency of injections into the eye.

About Xcovery Vision

Xcovery Vision is an ophthalmology therapeutics company founded in 2010 as subsidiary of Xcovery, LLC.  Its core focus is to repurpose Xcovery's pipeline of novel kinase inhibitors for ophthalmic indications.  For more information about Xcovery Vision please visit www.xcoveryvision.com.

Contact:
Teri Swift
Vice President of Business Development
(561) 835-9356
teri@xcoveryvision.com


'/>"/>
SOURCE Xcovery Vision
Copyright©2010 PR Newswire.
All rights reserved

Related medicine technology :

1. New Localized Cancer Treatment for Advanced Retinoblastoma Saves Children From Having Eyes Removed, Restores Vision in Some Cases
2. Dr. Calvin Grant Presents Results from Xibrom(TM) Combination Therapy with Lucentis(R) at the 2008 Annual Meeting of the Association for Research in Vision and Ophthalmology (ARVO)
3. Gene Therapy Provides Vision to People who Were Nearly Blind
4. Gene Therapy Improves Vision in Patients with Congenital Retinal Disease
5. Strykers Biotech Division Receives FDA Warning Letter
6. Menicon Undertakes With the Novovision Clinic a Paediatric Myopia Control Clinical Trial
7. Vision Problems Affect How Children Learn Math Skills
8. TOZAL(R) Nutritional Supplement Improves Vision in Common Form of Macular Degeneration
9. Harvard Study Shows Folic Acid, B Vitamins in Animi-3(R) May Prevent Vision Loss
10. Sirion Therapeutics Announces Clinical Data Presentations at the 2009 Association for Research in Vision and Ophthalmology (ARVO) Annual Meeting
11. Paloma Pharmaceuticals Presents at the Association for Research in Vision and Ophthalmology 2009 Meeting
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:1/13/2017)... Pharmaceuticals, Inc. ("InMed") (CSE: IN; OTCQB: IMLFF), today announced that ... Banking at Eli Lilly & Company, has been appointed to ... 28 years of senior financial and executive leadership to InMed,s ... ... significant leadership position in financial and business expertise with one ...
(Date:1/13/2017)... , January 13, 2017 Stock-Callers ... Wright Medical Group N.V. (NASDAQ: WMGI ), Varian ... Inc. (NASDAQ: MDXG ), and NuVasive Inc. (NASDAQ: ... sector which fell back to a negative finish on Thursday, ... Index falling about 0.1%, while shares of health care companies ...
(Date:1/13/2017)... January 13, 2017 According ... and Equipment Market by Method (Biochemical (Calcium Phosphate, ... Protein Production), End User - Global Forecast to ... global market from 2016 to 2021. This market ... 2021 from USD 715.4 Million in 2016, at ...
Breaking Medicine Technology:
(Date:1/13/2017)... ... ... KOAMTAC ®, Inc., a leading manufacturer of Bluetooth barcode scanners and mobile ... collector at the National Retail Federation’s Big Show (NRF17) held January 15-17 in New ... need for more compact and rugged devices for collecting barcode data paired with a ...
(Date:1/13/2017)... ... ... Pahrump, Nev., used an unsavory medical experience to think of a way to improve the ... for a half year due to lazy bladder," he said. "Keeping these things on my ... to do this." , He then designed and created a prototype of the FOLEY CRADLE, ...
(Date:1/13/2017)... ... 2017 , ... People who have sensitive teeth are about as common as ... teeth. Sadly, most dental hygiene products in the market contain chemical ingredients that only ... continuing their daily oral care routine to keep their teeth white and healthy is ...
(Date:1/13/2017)... ... January 13, 2017 , ... Friday, January 13 at 5 ... game room, increasing the size of the location to 90,000 square feet. , Included ... golf course that takes customers on an educational tour of the historic route, with ...
(Date:1/13/2017)... Tennessee (PRWEB) , ... January 13, 2017 , ... MyGenetx, ... Director of Communications, and Sales Administration Specialist, Mary Taylor Smith, RD, LD, will serve ... President after serving one year as a board member and one year as Vice ...
Breaking Medicine News(10 mins):