Staar Surgical Wins FDA Clearance to Expand Implantable Lens Market to Older Patients

BenzingaBenzinga
|||1 min read
Key Takeaway

Staar Surgical wins FDA approval to expand implantable lens eligibility to patients aged 21-60, up from 21-45, potentially reaching 8 million additional U.S. candidates.

Staar Surgical Wins FDA Clearance to Expand Implantable Lens Market to Older Patients

The U.S. Food and Drug Administration has expanded its approval for Staar Surgical Company's EVO and EVO+ Visian Implantable Collamer Lenses to include patients aged 21 to 60, up from the previous 21 to 45 age range. The expanded indication is grounded in positive three-year clinical trial data demonstrating sustained safety and efficacy profiles across the broader patient population, potentially opening the market to approximately 8 million additional refractive surgery candidates in the United States.

The approval represents a significant milestone for the Santa Barbara-based medical device manufacturer, as the expanded age eligibility could substantially widen the addressable market for its core lens technology. The EVO and EVO+ lenses are designed to correct myopia and are implanted as an alternative to traditional refractive surgery procedures such as LASIK. The extended indication aligns with growing demand among aging populations seeking vision correction options.

The regulatory clearance comes amid broader expansion in the refractive lens market, where presbyopia-correcting technology has gained increased clinical adoption. The approval may enhance Staar Surgical's competitive positioning within the sector, though market reception will likely depend on clinical adoption rates, reimbursement coverage, and competitive dynamics with alternative vision correction technologies.

Source: Benzinga

Back to newsPublished Feb 18

Related Coverage

Investing.com

Refiner Rally on Borrowed Time: Why Small-Cap Oil Stocks Face Sharp Reversal

Small-cap refiners $CVR and $PBF surged on widening crack spreads from Iran tensions, but face margin compression risks as spreads normalize, with overbought technicals signaling profit-taking opportunity.

PBFCVI
GlobeNewswire Inc.

Pomerantz Files Securities Fraud Suit Against $INO Over FDA Approval Misstatements

Pomerantz LLP sues Inovio Pharmaceuticals for alleged securities fraud over FDA approval misstatements. Stock fell 3.1% and 24.45% following manufacturing delays and accelerated approval rejection.

INO
Benzinga

Abivax Dismisses M&A Speculation, Plans Capital Raise Before Trial Readout

Abivax CEO dismisses acquisition rumors, plans equity and debt raise after Phase 3 obefazimod data in Q2 2026. $614.42M cash runway supports strategy.

LLYAZNABVX
Benzinga

Roku Expands Howdy Service to Prime Video, Bets on Multi-Platform Strategy

Roku launches Howdy streaming service on Prime Video at $2.99/month and adds Apple TV to subscriptions, shifting to multi-platform distribution. Stock fell 2.5% despite strategic moves.

AAPLROKUARKK
Benzinga

AleAnna Stock Surges 49% on Oil Rebound as Iran Tensions Ease

AleAnna shares surged 49% on oil rebound following easing Iran tensions, but technical overbought conditions and weak fundamentals raise sustainability concerns.

ANNAANNAW
GlobeNewswire Inc.

Corcept Faces Class Action Over Relacorilant Claims as Investors Allege Misleading Trial Data

Class action lawsuit filed against $COPT alleging executives misrepresented relacorilant clinical trial strength and FDA approval prospects, harming investors.

CORT