PainReform Acquires LayerBio

LayerBio is a biotechnology company advancing sustained-release drug delivery technologies in ophthalmology. The company's lead product candidate OcuRing, is a patent-protected, sustained-release intraocular ring designed to deliver Ketoralac, an anti-inflammatory and analgesic drug, to be introduced intra-surgically during cataract procedures. It is a bioerodible implant that offers a transformative alternative to the current standard of care, which commonly relies on frequent topical eye drops, including corticosteroids and NSAIDs. LayerBio is based in Lexington, Massachusetts.