Pixium Vision - PRIMAvera recruitment timing pushed out
Pixium has announced that given longer than expected regulatory approvals for the PRIMAvera European pivotal study due to COVID-19 and delayed clinical centre openings, it now expects to complete recruitment by year-end 2022 (versus its prior guidance of year-end 2021) and plans to report top-line, 12-month data around the end of 2023. We have pushed back our timelines for European and US launches of Prima by one year, to H125 and H226, respectively, hence our valuation has declined.Pixium Vision SA is a company that specializes in sensorial neuromodulation. Co. is also collaborating with scientific groups and clinicians at research institutes and clinical centers around the world, including Stanford University (USA). Co. is developing and aims to commercialize Bionic Vision Systems (BVS) – namely active implantable medical devices to treat blindness caused by degeneration of photoreceptor cells in the retina.
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