Anika Therapeutics Files Investigational Device Exemption To Initiate Phase III Study To Expand Indication Of MONOVISC To Treat Pain Caused By Osteoarthritis Of The Hip

BEDFORD, Mass.--(BUSINESS WIRE)--Anika Therapeutics, Inc., (NASDAQ: ANIK), a leader in products for tissue protection, healing, and repair based on hyaluronic acid (HA) technology today announced that it has submitted an Investigational Device Exemption (IDE) with the U.S. Food & Drug Administration (FDA) to conduct a Phase III clinical trial to support the expanded use of MONOVISC for the treatment of pain caused by osteoarthritis (OA) of the hip. MONOVISC, a single injection viscosupplement comprised of non-animal sourced hyaluronic acid, is currently approved by the FDA for the treatment of pain caused by osteoarthritis of the knee. The study will be sponsored by DePuy Synthes Mitek Sports Medicine*, a leading orthopedic sports medicine company, and Anika’s commercial partner and exclusive distributor of MONOVISC in the U.S.

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