Enabling a Breakthrough in Ophthalmology: A Case Study in Collaboration Between a Biotech & Device Manufacturer on a Novel Drug Delivery System
In this video presentation, Ashwin Agarwal, CFO of Azura Ophthalmics and John Merhige, Co-CEO of Credence MedSystems, share an inside look at how two partners are aligning technical and regulatory strategies, integrating complementary expertise, and collaborating effectively to deliver an innovative ophthalmic combination product and inform future biotech–device partnerships. Moderated at PODD 2025 by Mark DeStefano, Director of Global Technology Innovation, at Teva.
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Highlights:
- Development Journey: The origins of the partnership, key milestones, and how the teams aligned on technical and regulatory paths.
- Overcoming Complexities: Collaborative problem-solving to navigate design iteration, changing product requirements, funding availability and scaling.
- Cross-Industry & Partner Collaboration: Leveraging each party’s expertise and 3rd-party partners to deliver an innovative ophthalmology product with a complex supply chain.
- Impact and Future Outlook: Next steps for Credence and Azura, and key learnings for future biotech–device collaborations.
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