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February 07, 2016 9:02 AM ET

Pharmaceuticals

Company Overview of Icon Bioscience Inc.

Company Overview

Icon Bioscience Inc., a biopharma company, develops and commercializes ophthalmic pharmaceutical products. It offers its products for various ophthalmic indications, including glaucoma, macular edema, and inflammation/infection associated with cataract surgery and age-related macular degeneration. The company was incorporated in 2004 and is based in Sunnyvale, California.

1253 Reamwood Avenue

Sunnyvale, CA 94089

United States

Founded in 2004

Phone:

650-369-4049

Key Executives for Icon Bioscience Inc.

Chief Executive Officer and President
Age: 51
Vice President of Clinical & Medical Affairs
Manufacturing & Operations Advisor
Advisor
Age: 68
Vice President of Quality & Compliance
Compensation as of Fiscal Year 2015.

Icon Bioscience Inc. Key Developments

Icon Bioscience Reports Successful Outcomes of Phase 3 Study of IBI-10090

Icon Bioscience Inc. announced that Phase 3 data showed significantly positive outcomes for IBI-10090 compared to placebo in treating inflammation associated with cataract surgery. The Phase 3 study of IBI-10090, completed in the fourth quarter of 2014, was a prospective, randomized, double-blind, placebo-controlled, multicenter clinical trial involving 394 patients. The ensuing analysis of data shows IBI-10090 - with regard to both primary and secondary study endpoints - to be safe as well as highly effective. IBI-10090 utilizes the Verisome technology to provide a controlled, sustained-release formulation of the anti-inflammatory agent dexamethasone into the anterior chamber of the eye through a single injection administered immediately following cataract surgery. With over 3 million cataract surgeries in the US annually and with the standard of care for associated inflammation being a comparably burdensome, protracted process of multiple daily eye drops, IBI-10090 addresses a clear medical need in a large ophthalmic pharmaceutical space.

Icon Bioscience, Inc. Completes Treatment in its Pivotal Phase 3 Study of IBI-10090

Icon Bioscience, Inc. announced that the last patient has completed treatment in its pivotal Phase 3 study of IBI-10090. Top-line data is expected to be reported in the fourth quarter of 2014. Employing Icon's Verisome technology, IBI-10090 is designed to provide a controlled, sustained-release formulation of the anti-inflammatory agent dexamethasone into the anterior chamber of the eye through a single injection administered immediately following cataract surgery.

Icon Bioscience Announces Early Completion of Patient Enrollment in its Phase 3 Study of IBI-10090

Icon Bioscience, Inc. announced the completion of patient enrollment in its pivotal phase 3 study of IBI-10090, approximately four months ahead of projected timelines. IBI-10090, which employs the Verisome technology, is Icon's lead pipeline product. It has been designed to provide a controlled, sustained-release formulation of the anti-inflammatory agent dexamethasone into the anterior chamber of the eye through a single injection administered immediately following cataract surgery. With some three million cataract surgeries performed annually in the US alone, IBI-10090 addresses a potentially large market. Moreover, the current standard of care for inflammation associated with cataract surgery involves a comparatively burdensome process of patient administered eye drops applied topically several times daily over an extended time period.

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Target
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