Pachychoroid neovasculopathy (PNV) is a disease concept named by Cheung et al. in 2015. It refers to a condition in which type 1 macular neovascularization (MNV) occurs under the retinal pigment epithelium (RPE) with a background of choroidal thickening (pachychoroid).
Furthermore, it has been reported that 13.5% of PNV progresses to polypoidal choroidal vasculopathy, 5) and both are thought to form a continuous spectrum. Additionally, due to difficulty in differentiating from diseases with similar findings, misdiagnosis occurs in 14.3% of cases. 1)
QIs PNV a different disease from age-related macular degeneration?
A
PNV is sometimes classified as age-related macular degeneration, but it has a different background in that it does not involve drusen and choroidal thickening is central to the pathology. It accounts for about half of nAMD in Japan, 7) and is now treated as an independent disease concept.
The double layer sign is an OCT finding where neovascular tissue is sandwiched between the RPE and Bruch’s membrane, appearing as a double-layer structure. It is observed in 100% of PNV cases and is an important indicator for diagnosis 1).
Structural and functional abnormalities of the choroid play a central role in the development of PNV.
Vortex vein stasis and ischemia: Venous stasis due to vortex vein anastomosis compresses the choriocapillaris, leading to thinning of the Haller and Sattler layers, and progression to ischemia, which induces MNV. 6)
Sympathetic hyperactivity: Stress and overactivity of the sympathetic nervous system contribute to fluid retention in the choroid. Case reports of spironolactone efficacy support this mechanism. 2)
Complement factor H (CFH) polymorphism: CFH polymorphism, a common risk gene for AMD, is also involved in PNV. 7)
Age and sex: More common in middle-aged and older adults, with a male predominance.
OCT and OCTA play central roles in the diagnosis of PNV.
OCT (Optical Coherence Tomography): Essential for evaluating double layer sign, SRF, and choroidal thickening (SFCT). Useful for confirming type 1 MNV.
OCTA (Optical Coherence Tomography Angiography): Detection sensitivity for MNV is 97%, significantly higher than ICGA (66%). 5) It is the first choice as a non-invasive and highly sensitive examination method.
ICGA (Indocyanine Green Angiography): Useful for evaluating vortex vein anastomosis. Also used for differentiation from polypoidal choroidal vasculopathy. However, sensitivity is lower than OCTA. 5)
FAG (Fluorescein Angiography): Used to evaluate activity of SRF and neovascularization.
Key Indicators in the Differential Diagnosis of PNV
A cutoff value of 158 µm for peaking pigment epithelial detachment (high PED) on OCT has been reported, which is useful for differentiating from PAT1 type nAMD, showing high discriminative ability with an AUC of 0.969. 1) The presence or absence of SRRLS is also an important indicator for differentiation. 1)
Anti-VEGF drugs are the first-line treatment. 7)PNV tends to require fewer anti-VEGF injections compared to age-related macular degeneration. 5)The drugs used are as follows.
Ranibizumab (Lucentis®): There is a case report of neovascularization disappearing after two initial doses (visual acuity 20/40 → 20/20). 3)
Aflibercept (Eylea®): There are reports of its use in combination with PDT. 4)
Faricimab (Vabysmo®): VEGF-A/ANG-2 dual inhibitor. Expected to reduce treatment frequency.
PDT alone or in combination with anti-VEGF drugs is effective. 5)Half-dose PDT (HF-PDT) can maintain efficacy while reducing effects on the choroid.
Yamada et al. (2022) reported that a 89-year-old patient treated with half-dose PDT (HF-PDT) combined with intravitreal aflibercept showed complete resolution of serous retinal detachment (SRD) after 3 months. 4)This report also documented the world’s first case of vortex vein occlusion after HF-PDT.
Management of recurrence: PRN or Treat-and-Extend regimen is used.
PDT Combination
Indications: Cases unresponsive to anti-VEGF monotherapy. Cases with marked choroidal thickening.
Half-dose PDT (HF-PDT): Uses half the standard dose of Visudyne. Has the effect of reducing side effects. 4)
Effects: Expected to lead to resolution of SRF and reduction in choroidal thickness.
Spironolactone
Indications: Considered as adjunctive therapy for anti-VEGF non-responders.
Mechanism: As a mineralocorticoid receptor antagonist, it suppresses choroidal fluid accumulation. 2)
Reported cases: At 25 mg BID, SRF decreased by 51% at 6 weeks and 90% at 12 weeks. CT decreased from 366 to 214 µm (42% reduction). 2)
QWhat should be done if anti-VEGF treatment continues to be ineffective after multiple sessions?
A
For cases unresponsive to anti-VEGF monotherapy, combination with PDT is an effective option. 5) There are also case reports of marked efficacy with spironolactone. 2) For details, see the “Standard Treatment” section. Consultation with the attending physician is important.
When vortex vein stasis occurs, MNV develops through the following pathway:
Vortex vein stasis: Anastomosis and dilation of vortex veins lead to increased venous pressure. 6)
Haller layer dilation → Sattler layer thinning: Large vessels in the outer choroid (Haller layer) dilate, compressing and thinning the capillaries of the inner layer (Sattler layer). 6)
Choriocapillaris ischemia: Thinning of the Sattler layer leads to reduced perfusion of the choriocapillaris. 6)
RPE dysfunction → MNV formation: Ischemic stimuli induce VEGF production, leading to the development of type 1 MNV beneath the RPE. 6)
Sen et al. (2023) reported that the frequency of vortex vein anastomosis in PNV is high: 95% in PNV, 98% in polypoidal choroidal vasculopathy, and 90% in central serous chorioretinopathy, with marked choroidal thickening compared to normal eyes (SFCT 267.5 µm). 6) These findings support the mechanism by which dilation of Haller layer vessels compresses the Sattler layer, leading to ischemia and MNV formation.
7. Latest Research and Future Prospects (Investigational Reports)
In MNV evaluation using OCTA, a sensitivity of 97% has been reported, greatly exceeding that of conventional ICGA (sensitivity 66%), 5) improving the diagnostic accuracy of PNV. With the introduction of a new concept called SIRE (a composite index of sub-retinal pigment epithelium hyperreflective material), the differentiation between PNV, polypoidal choroidal vasculopathy, and typical age-related macular degeneration is becoming more precise. 5)
Application of MRA (Mineralocorticoid Receptor Antagonists)
MRAs (mineralocorticoid receptor antagonists), typified by spironolactone, are thought to exert their effects by blocking pathways involved in choroidal fluid regulation.
Keidel LF et al. (2021) reported a case of PNV refractory to 29 anti-VEGF injections, in which spironolactone 25 mg BID was administered, resulting in a 51% reduction in SRF at 6 weeks, 90% reduction at 12 weeks, and a marked decrease in choroidal thickness from 366 to 214 µm (42% reduction). 2)
Validation through large-scale randomized trials remains a future challenge.
Novel Anti-VEGF Agents and Next-Generation Therapies
Long-term outcomes of novel agents targeting multiple VEGF isoforms and angiopoietin (e.g., faricimab), as well as the potential of gene therapy, are under investigation. Interventions targeting the choroidal venous system (e.g., PDT for vortex veins) are also being explored. 6)
Keidel LF, Schworm B, Siedlecki J. Spironolactone as a therapeutic strategy for pachychoroid neovasculopathy refractory to anti-VEGF treatment. Case Rep Ophthalmol. 2021;12:116-23.
Soman M, Bhende P, Bhalekar S. Non-exudative to exudative conversion in pachychoroid neovasculopathy detected by optical coherence tomography angiography. Case Rep Ophthalmol Med. 2021;3098420.
Yamada C, Muraoka Y, Tsujikawa A. Vortex vein occlusion after half-fluence photodynamic therapy combined with intravitreal aflibercept for pachychoroid neovasculopathy: a case report. Cureus. 2022;14(8):e27663.
Cheung CMG, Dansingani KK, Koizumi H, et al. Pachychoroid disease: review and update. Eye (Lond). 2025;39(5):819-834. doi:10.1038/s41433-024-03253-4.
Sen P, Bhende M, Rishi P, et al. Vortex vein anastomosis and choroidal thickness in pachychoroid spectrum diseases. Clin Ophthalmol. 2023;17:53-70.
日本眼科学会・日本網膜硝子体学会. 加齢黄斑変性診療ガイドライン 2023年版.
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