A key step toward commercialization of IRIS II, a unique system equipped with a smart bio-inspired camera and an implant with150 electrodes, designed to be explantable and upgradeable
Regulatory News:
Pixium Vision (Paris:PIX) (FR0011950641 PIX), a company developing innovative bionic vision systems to allow patients who have lost their sight to lead more independent lives, today announces that it had filed with its notified body an application for CE Mark for IRIS II. The submission represents the last step towards obtaining authorization to commercialize the IRIS II Vision Restoration System (VRS) in Europe.
Pixium Vision's application for CE Mark includes comprehensive information about the design (technical specifications), preclinical data, clinical evaluation and manufacturing for IRIS II.
For Khalid Ishaque, CEO of Pixium Vision, "This regulatory filing for CE mark represents the culmination of years of research, development and testing efforts. It is a key milestone for Pixium Vision. We are now actively preparing for the commercial launch of the system across Europe." Khalid Ishaque, added:"We are convinced that the differentiated features of IRISII - a smart bioinspired camera that mimics functioning of the human eye and an implant with almost three times more electrodes than the competing device designed to be explantable and upgradeable- will bring enhanced independence and quality of life to patients with vision loss from retinitis pigmentosa.
Subject to CE mark approval timing, IRIS II commercialization is expected in the first half of 2016.
Beyond the technological performance, IRIS II was awarded with the Janus 2015 Prize for Health and the 2016 Observeur du Design label.
About CE marking
CE Marking is a mandatory conformity marking for certain products sold within the European Economic Area, and is a declaration that the product meets the essential requirements of the applicable EC directives. For Active Implantable Medical Devices (AIMDs) like IRIS II, CE Marking is granted by a Notified Body after review of the quality system and the design dossier for conformity to the AIMD 90/385/CEE Directive. Following CE Marking, a product can be sold in the EEA, and certain other countries.
About Pixium Vision (www.pixium-vision.com
Pixium Vision's VRS are associated with a surgical intervention as well as a rehabilitation period.
Clinical trials are currently underway with the VRS IRIS in several centers in Europe. Patients have tolerated their implants well so far and improvements in visual perception have been observed. Pixium Vision plans to file IRIS's CE mark dossier before the end of 2015 and expects to launch IRISduring the first half of 2016.
Pixium Vision is also developing PRIMA, a sub retinal implant currently in preclinical trial. The Company plans to begin clinical trials of PRIMA in Europe in 2016.
The company is EN ISO 13485 certified.
Pixium Vision is listed on Euronext (Compartiment C) in Paris.
ISIN: FR0011950641; Mnemo: PIX
IRIS is a trademark of Pixium-Vision SA
Disclaimer:
This press release may expressly or implicitly contain forward-looking statements relating to Pixium Vision and its activity. Such statements are related to known or unknown risks, uncertainties and other factors that could lead actual results, financial conditions, performance or achievements to differ materially from Vision Pixium results, financial conditions, performance or achievements expressed or implied by such forward looking statements.
Pixium Vision provides this press release as of the aforementioned date and does not commit to update forward looking statements contained herein, whether as a result of new information, future events or otherwise.
For a description of risks and uncertainties which could lead to discrepancies between actual results, financial condition, performance or achievements and those contained in the forward-looking statements, please refer to Chapter 4 "Risk Factors" of the company's Registration Document filed with the AMF under number R15-069 on September 23, 2015 which can be found on the websites of the AMF AMF (www.amf-france.org) and of Pixium Vision (www.pixium-vision.com
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@PixiumVision
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