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VisionCare Anticipates Big Boost From Expanded Telescope Implant Indication

FDA approved VisionCare Ophthalmic Technologies’ Implantable Miniature Telescope to treat macular degeneration in 65- to 74-year-old patients, expanding on the original 75-and-older indication and growing the potential market by about a third.

VisionCare Ophthalmic Technologies Inc. will increase the potential market for its Implantable Miniature Telescope to treat macular degeneration patients by about 30 to 35 percent based on an expanded indication approved by FDA, the firm said.

FDA approved the firm's PMA supplement for use of the device in patients 65 years and older, VisionCare said Oct. 13. Previously, the device was only approved for those 75...

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