The
market for Glaucoma treatment is huge.
It is projected that by 2010 there will be
60.5 million people with the most common form of Glaucoma.
.Novartis alone sells over $1.5 billion of Glaucoma
medications annually.
AMD
is the leading cause of blindness worldwide, for people
over 55 years of age.
There is currently no cure for the disease.
Several large companies are working with product
development drugs which are still experimental and
extremely expensive.
The drug under development by CBMS has the
benefits of requiring fewer treatments then current
drugs, and will be far less expensive.
There
is extensive intellectual property with U.S .and world
patents issued and
pending.
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