Latest News - Avedro

Thursday, May 04, 2017 | Earnings & Financials, Avedro

Avedro Launches Comprehensive Effort to Secure Coverage and Facilitate Reimbursement of FDA-Approved Corneal Cross-Linking Procedure

Avedro announced a comprehensive effort to secure commercial coverage and support reimbursement of Photrexa Viscous (riboflavin 5’-phosphate in 20% dextran ophthalmic solution), Photrexa (ribofl…

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Thursday, April 27, 2017 | Earnings & Financials, Avedro

Avedro Announces $42 Million in Funding to Support Commercial Expansion and Pipeline Development

Avedro announced that it secured a combined $42 million in equity and debt financing. The equity financing was led by HealthQuest Capital, with support from existing investors OrbiMed Advisors and Int…

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Wednesday, January 11, 2017 | Miscellaneous, Avedro

First US Service Members Treated with the Only FDA-Approved Cross-Linking Procedure in the US

Avedro has begun selling Photrexa Viscous (riboflavin 5-‘phosphate in 20% dextran ophthalmic solution), Photrexa (riboflavin 5’-phosphate ophthalmic solution) and the KXL System to key mil…

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Wednesday, September 28, 2016 | Product Releases, Avedro

First FDA Approved Cross-Linking Procedures Are Performed on Patients in the US with Progressive Keratoconus

Avedro announced that it is now shipping Photrexa Viscous and Photrexa, the drugs used in corneal cross-linking procedures with the KXL System. On April 15, 2016, Avedro received approval from the …

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Saturday, September 10, 2016 | Medical Studies, Avedro

Two Studies Demonstrate Promising Results of PiXL Procedure for Noninvasive Treatment of Low Myopia

Non-surgical photorefractive intrastromal corneal collagen cross-linking, or PiXL, is a promising new treatment for vision improvement for low myopia, according to the results of two studies announced…

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Thursday, September 08, 2016 | Management/Leadership, Avedro

Avedro Appoints Reza Zadno As Chief Executive Officer

Avedro announced the appointment of Reza Zadno, PhD, medical device entrepreneur and health care senior executive, as the company’s Chief Executive Officer. “We are very pleased to have…

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Tuesday, July 19, 2016 | FDA Approval/Clearance, Avedro

Avedro’s Cross-linking Platform Approved by FDA for Corneal Ectasia Following Refractive Surgery

Avedro has received approval from the FDA for its corneal collagen cross-linking platform for the treatment of corneal ectasia following refractive surgery. The approval marks the second indication fo…

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Monday, April 18, 2016 | FDA Approval/Clearance, Avedro

Avedro Receives Long-Awaited FDA Approval for its Cross-Linking Platform for Progressive Keratoconus

Avedro has received approval from the FDA for its corneal collagen cross-linking platform, the KXL System, along with two photoenhancers -- Photrexa Viscous and Photrexa -- indicatied fo…

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Friday, December 25, 2015 | CE Mark Approval, Avedro

Avedro Announces CE Mark Clearance for its Mosaic Advanced Cross‐Linking System and CEO Transition

Avedro announced that it has received the CE Mark for its Mosaic system, a device that has the potential for nonsurgical improvement for low myopia with a procedure called PiXL (Photorefractive Intras…

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Saturday, November 14, 2015 | Earnings & Financials, Avedro

Avedro Completes New $32 Million Round of Financing

Avedro announced the successful completion of a $32 million equity financing led by new investors InterWest and OrbiMed, which also includes several of the company’s existing investors. The addi…

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Tuesday, November 03, 2015 | Product Releases, Avedro

China Food and Drug Administration (CFDA) Grants Approval for Avedro’s KXL System

Avedro announced that it has received approval for its KXL cross-linking system from the China Food and Drug Administration (CFDA), according to a company news release. The KXL cross-linking system is…

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Monday, October 19, 2015 | Miscellaneous, Avedro

Avedro Resubmits New Drug Application to FDA for Corneal Cross-Linking

Avedro has announced that it has resubmitted its new drug application (NDA) for riboflavin ophthalmic solution/KXL System to the FDA, according to a company news release. Avedro anticipates an applica…

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Monday, June 08, 2015 | Miscellaneous, Avedro

Avedro Announces 500th Cross-linking Device Sale Outside the US

Avedro announced that it has recently sold its 500th corneal cross-linking device outside of the United States, according to a company news release. “We are very pleased with this significant…

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Tuesday, April 14, 2015 | Miscellaneous, Avedro

Avedro Expands Patent Portfolio with Licenses from Caltech and IROC Innocross

Avedro announced that it has expanded its patent portfolio after obtaining an exclusive license to a patent held by the California Institute of Technology in the field of corneal cross-linking using u…

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Tuesday, March 31, 2015 | Avedro

FDA Does Not Approve Avedro's Corneal Cross-Linking Platform Application, Requesting Additional Information

Despite a joint FDA advisory panel in February recommending approval of Avedro’s combined riboflavin ophthalmic solutions and ultraviolet light irradiation for corneal collagen cross-linking, th…

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