Business
Kala Pharmaceuticals Announces EYSUVIS® Now Covered by OptumRx
-- EYSUVIS Added to OptumRx Commercial Formularies Effective May 21, 2021 -- -- Expands Total Commercial Coverage for EYSUVIS to More Than 88 Million Lives
About this update from Kala Bio, Inc.
[{"type":"text","content":"\n-- EYSUVIS Added to OptumRx Commercial Formularies Effective May 21, 2021 --\n\n-- Expands Total Commercial Coverage for EYSUVIS to More Than 88 Million Lives --\n\n WATERTOWN, Mass.--(BUSINESS WIRE)--\n\nKala Pharmaceuticals, Inc., (NASDAQ:KALA), a biopharmaceutical company focused on the discovery, development and commercialization of innovative therapies for diseases of the eye, today announced that OptumRx, one of the largest pharmacy benefit managers (PBM) in the United States, has added EYSUVIS (loteprednol etabonate ophthalmic suspension) 0.25% as a covered brand on its commercial formularies, effective May 21, 2021.\n\n“We are pleased to announce the addition of EYSUVIS to OptumRx’s commercial formularies, which represents a significant milestone towards our goal of ensuring broad market access,” said Todd Bazemore, Chief Operating Officer of Kala Pharmaceuticals. “More than 88 million people with commercial health insurance now have access to EYSUVIS. We anticipate this figure will continue to grow from our ongoing efforts with Commercial and Medicare Part D health plans, as we work towards our ultimate goal of delivering broad payer coverage for EYSUVIS to the millions of people in the United States who suffer from dry eye disease.”\n\nEYSUVIS was approved by the U.S. Food and Drug Administration (FDA) in October 2020 as the first and only prescription therapy indicated specifically for the short-term (up to two weeks) treatment of the signs and symptoms of dry eye disease. Kala commenced the promotional launch of EYSUVIS in the United States in January 2021. EYSUVIS is available through both national and regional U.S. pharmaceutical distribution centers, as well as local retail pharmacies or home delivery.\n\nAbout EYSUVIS\n\nEYSUVIS (loteprednol etabonate ophthalmic suspension) 0.25% is approved for the short-term (up to two weeks) treatment of the signs and symptoms of dry eye disease. EYSUVIS utilizes Kala's AMPPLIFY® mucus-penetrating particle (MPP) Drug Delivery Technology to enhance penetration of loteprednol etabonate (LE) into target tissue of the ocular surface. In preclinical studies, the AMPPLIFY Drug Delivery Technology increased delivery of LE into target ocular tissues more than three-fold compared to an active LE comparator by facilitating penetration through the tear film mucins. EYSUVIS was approved...