Alimera Sciences Inc

NASDAQ: ALIM
$3.55
-$0.03 (-0.8%)
Closing price April 17, 2024
Alimera Sciences Inc is a pharmaceutical company focused on creating treatments for eye diseases. Its main product, ILUVIEN, is an implant designed to treat diabetic macular edema, a condition that can lead to severe vision loss in people with diabetes. The company markets its products mainly to healthcare providers like physician offices and hospitals, both in the United States and internationally. Founded in 2003 and based in Alpharetta, Georgia, Alimera Sciences also collaborates on projects to expand its treatment offerings for various eye conditions.
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As usual, with the earnings onslaught in full effect, many companies have closed the window for insiders to buy or sell stock during the reporting period.
While insider buying was steady last week, the typical earnings slowdown is in place as windows for insiders to buy and sell are closing.
Alimera Sciences traded up big on Monday on news that the company received FDA approval for its diabetic macular edema drug Iluvien.
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