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Home » Ocular Therapeutix lands reimbursement code for eye plugs

Ocular Therapeutix lands reimbursement code for eye plugs

February 26, 2014 By Brad Perriello

Ocular Therapeutix lands reimbursement code for eye plugs

Ocular Therapeutix said it landed a reimbursement code for the insertion of the drug-eluting eye plugs it’s developing to treat glaucoma.

Bedford, mass.-based Ocular Therapeutix said the American Medical Assn. issued a CPT code "for the insertion of a drug-eluting implant, including punctal dilation and implant removal when performed, into the lacrimal canaliculus."

The company is running clinical trials for 2 versions of the plug, 1 using the drug dexamethasone to treat post-surgical inflammation and another using the drug travoprost for glaucoma or ocular hypertension, according to a press release.

"The new code could be used in clinical trials to establish use, and will provide a mechanism for reimbursement for insertion of these intracanalicular plugs, following Food & Drug Administration approval," according to the release.

"Obtaining the CPT code for insertion of our drug-eluting plugs is an important step in the reimbursement process as we begin planning for the introduction of our sustained drug-delivery platform technology," president & CEO Amar Sawhney said in prepared remarks.

The plugs are designed for sustained delivery of their drug payload over a set period of time, after which their polyethylene glycol hydrogel material is designed to dissolve. The 60-patient Phase II study of the plug designed to treat inflammation compared it with a placebo. Last October Ocular Tx reported positive results from that trial.

Ocular Therapeutix won pre-market approval from the FDA for its ReSure sealant for surgical eye incisions in January.

Filed Under: News Well, Optical/Ophthalmic Tagged With: American Medical Assn., oculartherapeutix

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