Alimera up 70% on success at last for Iluvien
This article was originally published in Scrip
Executive Summary
Alimera's treatment for diabetic macular oedema Iluvien (fluocinolone acetonide) is set to reach its first markets in the EU, giving a 70% share price boost to the company that has endured repeated rejections for the product in the US. Shares in the company reached a day high of $4.25 and closed at $3.94 on 28 February.