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Refractive Errors are vision conditions in which the eye fails to focus light accurately on the retina, resulting in blurred vision, including myopia, hyperopia, astigmatism, and presbyopia. According to findings reported by Dr. Moushumi Majumder et al., 2025, refractive errors contribute to nearly half of vision impairment cases across developed regions. According to the refractive errors pipeline analysis by Expert Market Research, the drug pipeline is gradually expanding, with increasing emphasis on pharmacological approaches aimed at controlling disease progression. Factors such as rising screen exposure, aging populations, and unmet treatment needs are driving research activity, thereby supporting steady pipeline growth and innovation.
Major companies involved in the refractive errors pipeline analysis include Ocumension (Hong Kong) Limited, iVeena Delivery Systems, Inc., and others.
Leading drugs currently in the pipeline include OT-101, IVMED 85, and others.
The rising myopia prevalence, increasing investment in pharmacological eye therapies, and expanded clinical trials targeting atropine-based and novel agents are strengthening drug development momentum and commercialization prospects.
The Refractive Errors Pipeline Analysis Report by Expert Market Research gives comprehensive insights into refractive errors therapeutics currently undergoing clinical trials. It covers various aspects related to the details of each of these drugs under development for refractive errors. The refractive errors report assessment includes the analysis of over 100 pipeline drugs and 50+ companies. The refractive errors pipeline landscape will include an analysis based on efficacy and safety measure outcomes published for the trials, including their adverse effects on patients suffering from the condition, and alignment with refractive errors treatment guidelines to ensure optimal care practices.
The assessment part will include a detailed analysis of each drug, drug class, clinical studies, phase type, drug type, route of administration, and ongoing product development activities related to refractive errors.

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Refractive errors are common vision disorders in which the eye fails to accurately focus incoming light onto the retina, causing blurred or distorted vision. They occur due to irregularities in eye length, corneal curvature, or lens flexibility, altering how light rays bend and converge inside the eye.
Refractive errors treatment includes prescription eyeglasses and contact lenses for vision correction, pharmacological therapies to slow disease progression, and surgical procedures such as laser-assisted in situ keratomileusis to improve retinal focus. In June 2023, Vyluma announced United States Food and Drug Administration acceptance of the New Drug Application for NVK002, a low-dose atropine eye drops for pediatric myopia. This milestone highlights advancement in the refractive errors drug pipeline, addressing unmet needs in myopia progression control among children.
The pipeline highlights a significant epidemiological burden that continues to drive focused drug development. According to Dr. Moushumi Majumder et al., 2025, refractive errors account for 47% of all vision impairment cases in developed countries. Globally, approximately 12.8 million children aged 9–15 years suffer from refractive error–related visual impairment. In India, the overall incidence is 17.43%, rising to 22.14% in urban populations compared to 12.71% in rural areas. Among young individuals, incidence ranges from 16.4 to 26.6% in Western countries and 19.4 to 48.1% across Asian regions.
This section of the report covers the analysis of refractive errors drug candidates based on several segmentations, including:
By Phase
The pipeline assessment report covers 50+ drug analyses based on phase:
By Drug Class
The refractive errors pipeline analysis report covers 50+ drug analyses based on drug classes:
By Route of Administration
The pipeline assessment report covers 50+ drug analyses based on the route of administration:
The report covers phase I, phase II, phase III, phase IV, and early-phase drugs. The coverage includes an in-depth analysis of each drug across these phases. According to EMR analysis, phase III, with 41%, covers a major share of the total refractive errors clinical trials, reflecting advanced clinical validation, high efficacy potential, and regulatory readiness. Phase II accounts for 32%, driven by dose optimization and safety profiling. Phase IV represents 19%, focusing on post-marketing surveillance and long-term outcomes. This distribution highlights a strong, well-structured pipeline poised to advance innovative therapies and support market growth.
The drug molecule categories covered under the refractive errors pipeline analysis include small molecules, polymer, and regenerative therapies. The refractive errors report provides a comparative analysis of the drug classes for each drug in various phases of clinical trials for refractive errors. Atropine-based therapies are leading the pipeline for myopia management in children. For instance, NVK002, a low-dose 0.01% atropine eye drop developed by Vyluma and licensed to Zhaoke Ophthalmology, is under regulatory review in China, the United States, and the European Union. NVK002 has demonstrated significant efficacy and favorable safety profile in Phase III trials, offering a promising treatment to slow myopia progression.
The EMR report for the refractive errors pipeline covers the profile of key companies involved in clinical trials and their drugs under development. It provides a detailed refractive errors therapeutic assessment, analyzing the competitive dynamics of the clinical trial landscape. Below is the list of a few players involved in refractive errors clinical trials:
This section covers the detailed analysis of each drug under multiple phases, including phase I, phase II, phase III, phase IV, and emerging drugs for refractive errors. It includes product description, trial ID, study type, drug class, mode of administration, and recruitment status of refractive errors drug candidates.
OT-101 (Atropine Sulfate 0.01%) is an investigational low-dose ophthalmic solution sponsored by Ocumension (Hong Kong) Limited for the treatment of progressive myopia in pediatric patients. This Phase III study is evaluating the safety, tolerability, and efficacy of OT-101 in slowing myopia progression. The drug is a muscarinic receptor antagonist that modulates ocular growth by influencing scleral remodeling and axial elongation. OT-101 is administered topically as an eye drop once daily at bedtime. The study is examining long-term outcomes through randomized, placebo-controlled dosing over multiple years.
IVMED-85 is a novel, preservative-free prescription ophthalmic solution being developed by iVeena Delivery Systems, Inc. for pediatric progressive myopia. The Phase I/II study is evaluating safety and preliminary efficacy while examining improvements in visual acuity and changes in myopia progression over one year. The drug is being administered via the topical ocular route as twice-daily eye drops. IVMED-85 works by activating lysyl oxidase (LOX), thereby strengthening scleral and corneal collagen crosslinking. This mechanism potentially reduces axial elongation and supports improved refractive outcomes compared with placebo.
*Please note that this is only a partial list; the complete list of drugs will be available in the full report.*
The Refractive Errors Pipeline Analysis Report provides a strategic overview of the latest and future landscape of treatments for refractive errors. It provides necessary information for making informed investment decisions along with research, development, and strategic planning efforts. The stakeholders will benefit from the essential insights into refractive errors collaborations, regulatory environments, and potential growth opportunities.
Myopia Treatment Devices Market
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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