Welcome to our dedicated page for Alimera Sciences news (Ticker: ALIM), a resource for investors and traders seeking the latest updates and insights on Alimera Sciences stock.
Overview
Alimera Sciences (Nasdaq: ALIM) is a specialized pharmaceutical company devoted to the research, development, and commercialization of prescription ophthalmic pharmaceuticals. Focused on innovative treatments for retinal diseases, Alimera addresses significant clinical gaps in treating conditions that affect millions of individuals, particularly in aging populations.
Core Business and Product Technology
The company centers its efforts on diseases impacting the back of the eye, leveraging advanced sustained release technologies such as its CONTINUOUS MICRODOSING™ platform. With products that deliver sub-microgram levels of fluocinolone acetonide over extended durations, Alimera’s treatments help reduce injection frequency and aim to maintain patient vision longer. This approach not only reflects the firm’s commitment to precision drug delivery but also highlights its role in solving a critical unmet need within the ophthalmology sector.
Market Position and Specialization
Operating in a highly specialized niche, Alimera Sciences is well-regarded among retina specialists due to its focused portfolio designed to treat both early- and late-stage retinal diseases. The company serves a global market with a dual focus: in the United States, it addresses conditions such as diabetic macular edema and uveitis with its various approved indications, while in Europe, through its London-based subsidiary, it caters to patients with limited treatment options. This clear segmentation underscores Alimera's expertise in managing complex retinal conditions.
Clinical Research and Development
Alimera's robust research and development efforts are integral to its business model. The company pursues evidence-based strategies through clinical trials and scientific programs that aim to validate the efficacy and safety of its ophthalmic products. By engaging with networks such as the DRCR Retina Network and participating in prominent conferences, Alimera reinforces its commitment to advancing clinical knowledge in ophthalmology and to addressing complications like radiation retinopathy.
Global Operations and Strategic Impact
With international operations that ensure outreach to diverse markets, Alimera Sciences integrates clinical insights and patient needs into a comprehensive global strategy. Its operational model supports ranging therapeutic indications and demonstrates adaptability across regulatory landscapes, reinforcing its steadiness in a competitive industry. The company's expertise in sustained drug delivery not only bolsters its clinical credibility but also positions it as an essential resource for both physicians and patients seeking improved retinal health outcomes.
Commitment to Excellence
Alimera Sciences exemplifies dedication to clinical excellence and innovation. The company’s focus on retinal health through cutting-edge technology, combined with a patient-centric approach, underpins its reputation in the pharmaceutical industry. Whether targeting non-infectious uveitis or conditions secondary to diabetic complications, Alimera’s balanced approach between clinical research and market application demonstrates its enduring commitment to delivering advanced ophthalmic therapies.
Alimera Sciences (Nasdaq: ALIM) reports preliminary consolidated net revenue exceeding $13.5 million for Q4 2020, contributing to over $50.5 million for the entire year. The company ended the year with $11.2 million in cash. Despite challenges posed by COVID-19, Alimera anticipates a recovery and expects fourth-quarter sales to surpass those from Q3 2020. The company highlights the potential increased adoption of its product, ILUVIEN, owing to its long-acting benefits during the pandemic. Detailed results will be discussed in an upcoming earnings call.
Alimera Sciences (Nasdaq: ALIM), a leader in ophthalmology treatments, announces that President and CEO Rick Eiswirth will present at the H.C. Wainwright Bioconnect 2021 Virtual Conference from January 11-14, 2021. The presentation will be available for on-demand listening from 6:00 AM ET on January 11 until the end of business on January 14, 2021. Registration for the presentation can be accessed online. Alimera focuses on developing treatments for retinal diseases, addressing unmet needs in an aging population.
Alimera Sciences has launched ILUVIEN in the Netherlands, targeting diabetic macular edema (DME) and non-infectious posterior uveitis (NIPU). This launch, in collaboration with distribution partner Horus Pharma, marks a significant step in Alimera's geographic expansion strategy. ILUVIEN, a sustained release intravitreal implant, is anticipated to improve patient outcomes with its CONTINUOUS MICRODOSING technology, allowing for longer intervals between treatments. The product has received high levels of interest from local ophthalmologists and patients, with some injections already scheduled.
Alimera Sciences (Nasdaq: ALIM) will present a corporate overview at the LD Micro Main Event virtual investor conference on December 14 at 8:20 AM PST/11:20 AM EST. CEO Rick Eiswirth's presentation will include a 10-minute overview followed by a Q&A session. Interested participants can register to attend the presentation at ve.mysequire.com. Alimera focuses on the commercialization and development of prescription ophthalmic treatments for retinal diseases, addressing significant unmet needs in this therapeutic area.
Alimera Sciences (NASDAQ: ALIM) has announced that its President and CEO, Rick Eiswirth, will participate in the Craig-Hallum Capital Group’s annual Alpha Select Conference on November 17, 2020. This event will focus on one-on-one and small group meetings conducted via video conference. Alimera specializes in prescription ophthalmic treatments aimed at retinal diseases, addressing significant needs in an aging population where current therapies are lacking. For more information, visit www.alimerasciences.com.
On November 12, 2020, Alimera Sciences (NASDAQ: ALIM) announced the presentation of new real-world clinical data for ILUVIEN at the American Academy of Ophthalmology 2020 Virtual Conference, starting November 13. The data highlights outcomes from the IDEAL and IRISS registry studies, showcasing ILUVIEN's effectiveness in reducing the recurrence of diabetic macular edema. ILUVIEN is a sustained-release implant providing long-term benefits with fewer injections, enhancing patient outcomes in managing retinal diseases.
Alimera Sciences reported a consolidated net revenue of $12.5 million for Q3 2020, a 25% increase from Q2 2020 but a 3% decline from Q3 2019. U.S. net revenue reached $7.0 million, reflecting a 20% decrease from the previous year but a 106% rise sequentially. The net loss reduced to $(0.6 million) from $(3.1 million) in Q3 2019, and adjusted EBITDA was positive at $1.4 million. Despite challenges, international revenue grew 31% year-over-year, driven by direct sales efforts. Management also initiated the NEW DAY clinical trial.
Alimera Sciences (Nasdaq: ALIM) will report its third quarter 2020 financial results on October 28, 2020, after the market closes. A conference call will be held on October 29, 2020, at 9:00 AM ET to discuss these results and provide updates on corporate developments. Participants can pre-register for the call, and it will also be available via a live webcast. The call's replay will be accessible for a limited time.
Alimera specializes in the development of prescription ophthalmic pharmaceuticals focusing on retinal diseases.
Alimera Sciences (Nasdaq: ALIM) announced that clinical data for ILUVIEN® (fluocinolone acetonide intravitreal implant) 0.19mg will be presented in over 20 papers at the EURETINA 2020 Virtual Congress, scheduled for October 2-4, 2020. Key findings support ILUVIEN's safety and efficacy as a three-year treatment system for diabetic macular edema (DME) and non-infectious uveitis. Significant papers include long-term observational data from various clinics, showcasing ILUVIEN's potential in managing retinal diseases.
Alimera Sciences (NASDAQ: ALIM) announced that CEO Rick Eiswirth will present a corporate overview at the H. C. Wainwright and Company 22nd Annual Global Virtual Investor Conference on September 15, 2020, at 3:30 PM ET. Interested parties can listen live via an online sign-up. An archived presentation will be available on Alimera's website starting September 16. Additionally, Eiswirth will conduct virtual one-on-one meetings from September 14-16, 2020, with scheduling available through conference coordinators.
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