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You only need to meet Freiburger and the guys to know they are all about the fans. Genuinely. Their enthusiasm when they do meetups is unbelievable. Simply put, we estimate a 20%, 30% or even 50% price cut will not maintain the drug's current market share as some analysts have suggested, let alone capture the additional market share necessary to make up for the price cut. Based on our conversations with cataract surgeons at several ASCs located across the country, we believe OMER will have to cut the price of to no more than a 10% premium to generic alternatives priced at $30, implying a 90% reduction from current prices, in order to maintain market share.In our view, revenues have relied almost entirely upon its Medicare pass through reimbursement status, iPhone Cases as this program transformed a high cost line item to a revenue item for its ASC and Hospital customers. In 2014, it was estimated that 73% of cataract surgeries were performed in ASCs (as opposed to hospitals), up from 44% in 2001 and continue to trend higher today.[8] Industry experts we have spoken with confirm this trend and state that over 80% of cataract procedures take place in ASCs today.

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