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Stock impact report

Glaukos' (GKOS) iDose TR Receives Permanent J- Code From CMS [Yahoo! Finance]

Glaukos Corporation (GKOS) 
Last glaukos corporation earnings: 2/27 04:15 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Centers for Medicare and Medicaid Services (CMS). This prostaglandin analog is indicated for the reduction of intraocular pressure (IOP) in patients with ocular hypertension or open-angle glaucoma. The new J-code for iDose TR, J7355, is likely to become effective starting Jul 1, 2024. It is expected to increase patient access in the United States as it will likely accelerate the billing process and physician reimbursement. Price Performance In the past six months, GKOS's shares have rallied 34.7% compared with the industry's rise of 20.6%. The S&P 500 has gained 19.8% in the same time frame. Image Source: Zacks Investment Research More on the News iDose TR is a novel long-duration intracameral pharmacological therapy intended to continually provide therapeutic doses of a unique formulation of travoprost inside the eye for prolonged periods. By addressing the frequent patient non-compliance problems and persistent adverse effects connected to topical glaucoma drugs, iDose T Show less Read more
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