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WATERTOWN, Mass., Sept. 05, 2018 (GLOBE NEWSWIRE) — EyePoint Pharmaceuticals (NASDAQ:EYPT), a specialty biopharmaceutical aggregation committed to developing and commercializing avant-garde ophthalmic products, today appear that the Centers for Medicare and Medicaid Services (CMS) has accustomed capricious pass-through cachet and acceding through a C-code for DEXYCUTM (dexamethasone intraocular suspension) 9%. DEXYCU is the Company’s U.S. Food and Biologic Administration (FDA) accustomed artefact for the ysis of postoperative deepening that is administered as a audible intraocular dosage at the end of ocular surgery. The code, C9034, will become able on October 1, 2018.

“The cancellation of pass-through cachet and the appointment of a C-code from CMS marks accession important footfall advanced in our commercialization alertness for DEXYCU,” said Nancy Lurker, President and Chief Executive Officer of EyePoint Pharmaceuticals. “Our aggregation continues to accomplish advance on our commercialization strategy, hiring and scale-up initiatives in abutment of our planned bartering barrage accustomed in the aboriginal bisected of 2019. We accept DEXYCU has the abeyant to abode the unmet charge and limitations of steroid drops, the accustomed accepted of affliction accessible for patients to amut deepening afterward eye surgery, by accouterment DEXYCU as a acceptable and long-acting audible bang another therapy.”

Approximately 40% of patients who abide avalanche anaplasty are covered by Medicare Allotment B. Drugs that are administered as

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