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Alimera, pSivida win FDA nod for Iluvien, finally

This article was originally published in Scrip

Executive Summary

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.

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