New York, New York – February 27, 2012 – Investorideas.com, an investor research portal specializing in sector research including biotech and pharma stocks, issues a trading alert for Alimera Sciences, Inc. (NasdaqGM: ALIM), trading up at $2.3092, gaining 0.5992 or (35.04%) as of 1:22PM EST on over 800,000 shares.
The Company announced Friday that Dan Myers, president and chief executive officer, will present at the Citi 2012 Global Health Care Conference at 1:30 P.M. ET on Wednesday, February 29, 2012 at The Waldorf Astoria Hotel in New York City.
Alimera Sciences, Inc., based in Alpharetta, Georgia, is a biopharmaceutical company that specializes in the research, development and commercialization of prescription ophthalmic pharmaceuticals. Presently Alimera is focused on diseases affecting the back of the eye, or retina. Its advanced product candidate, ILUVIEN, is an intravitreal insert containing fluocinolone acetonide (FAc), a non-proprietary corticosteroid with demonstrated efficacy in the treatment of ocular disease. ILUVIEN is in development for the treatment of DME, a disease of the retina that affects individuals with diabetes and can lead to severe vision loss and blindness.
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