For Further Information:
Investors: Mark Fischer-Colbrie,
(510) 353-3000
Media: Mick Taylor,
(510) 353-3075
For Immediate Release
KeraVision Reports Two-Year Clinical Results for IntacsTM
- Correction of Myopia is Stable
Quality of
vision is demonstrated by WaveFront Analysis
ORLANDO, FLA (October
28, 1999) – Intacs, which are the first FDA-approved non-laser option for surgically
correcting nearsightedness, showed stable correction two years after treatment – with
76 percent of treated eyes seeing at least 20/20, 55 percent seeing 20/16 or better, and
21 percent seeing at least 20/12, it was announced here yesterday at the annual meeting of
the American Academy of Ophthalmology. Intacs are made by KeraVision, Inc. (Nasdaq: KERA)
of Fremont, CA, which pioneered the category of non-laser vision correction surgery.
"Clinical data from the FDA trials show that Intacs are effective in correcting mild
myopia and are safe, well-tolerated in the eye, and stable
over time," said David J. Schanzlin, professor of ophthalmology at the
University of California in San Diego and chief medical investigator for the Intacs
clinical trials. "The fact that Intacs can be removed and that the
wearer’s prescription can be exchanged much like contacts and glasses is
a major advance for the consumer."
In other AAO highlights:
-- To illustrate how Intacs eyes are different from other surgically-
corrected eyes, Schanzlin reported the results of a WaveFront Analysis, an emerging
diagnostic tool that measures light rays as they pass through the lens of an eye and onto
the retina. Analysis shows that wavefronts in Intacs eyes are consistent with quality
vision, Schanzlin said. He added, "We believe this occurs because Intacs, unlike
laser procedures, preserve the natural shape of the cornea which appears to be a critical
element of overall quality of vision."
-- More than four out of five Intacs removals (or 86 percent) were for
problems that potentially could be fixed by replacement with another
Intacs size, including visual symptoms, under- and over-corrections, and
astigmatism. Only one-10th of one percent (0.1) of cases were safety-related out of a
total removal rate to date of six percent of Intacs
treatments.
In Schanzlin’s presentation, the two-year clinical results were based on
358 Intacs treatments that were performed at 11 medical sites as part of
U.S. Phase II and Phase III studies. Intacs wearers were treated for -1.0
to -3.0 diopters of myopia, or mild nearsightedness – a condition that
affects an estimated 20 million adult Americans. People who are mildly
nearsighted generally require glasses or contacts for routine tasks like
driving, watching a movie or seeing an alarm clock.
KeraVision, founded in 1986, is the developer of Intacs, the first
FDA-approved non-laser option for surgically treating mild myopia
(nearsightedness). Intacs are a safe and effective alternative to eyeglasses, contact
lenses and vision correction surgeries that permanently alter the eye's central optical
zone. The company's patented technology platform is also being developed for the possible
treatment of other common vision problems including mild hyperopia (farsightedness) and
astigmatism.
Except for the historical information, the matters discussed in this news
release are forward-looking statements. Actual results may differ
materially due to a variety of factors, including market acceptance of
KeraVision Intacs, complications relating to the product or the surgical
procedure, competitive products and technologies, and other risk factors
described under the heading "Risk Factors Affecting the Company, Its
Business and Its Stock Price" set forth in Form 10-Q for the quarter
ended June 30, 1999, and Form 10-K for the year ended December 31,
1998, as well as in other SEC filings.