Cataract
is the clouding of eye lens and it can occur in either one or both the eyes.
Cataract is generally more common among people over 80 years of age. According
to the National Eye Institute, more than half of the Americans suffer from
cataract. Eye lens is transparent and light sensitive and is located at the
back of the eye. It helps to focus light rays on retina which aids in the formation
of clear image. Images at retina are converted into optic signals that are then
communicated to the brain. Eye lens is made up of protein and water, but as a
person grows old, the protein of the lens clump together and starts to form a
cloud which continues to grow, time making it harder for patients to see. Cloud
formation in eye lens is the characteristic feature of cataract. In people affected
by cataract, colour of eye lens also changes to brownish, adding a brownish
tint to their vision.
Explore Report at: https://www.psmarketresearch.com/market-analysis/cataract-therapeutics-pipeline-analysis
In
September 2016, Johnson & Johnson Pharmaceutical Ltd. entered into an
agreement with Abbott Medical Optics Inc. (AMO) to acquire
for the wholesome amount of $4.325 billion. AMO’s reported sales were around $1.1
billion for the year 2015. The acquisition also included accession of ophthalmic
products in three business segments such as, cataract surgery, laser refractive
surgery and consumer eye health. In March 2016, Acucela Inc. and YouHealth
Eyetech Inc. signed an agreement of license on lanosterol technology for the
non-surgical pharmacologic treatment of cataracts.
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