Shares in Glaukos Corporation (NYSE: GKOS) closed more than 25% higher on Thursday.
Glaukos earlier announced that the US Food and Drug Administration (FDA) had approved its New Drug Application (NDA) for a single administration per eye of iDose TR (travoprost intracameral implant) 75mcg, a prostaglandin analog indicated for the reduction of intraocular pressure (IOP) in ocular hypertension or open-angle glaucoma.
"A significant milestone for Glaukos following an extensive pioneering journey since the inception of the original idea nearly 15 years ago"Thomas Burns is chairman and chief executive of the Californian firm, which is focused on developing new therapies for the treatment of glaucoma, corneal disorders and retinal diseases.
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