• To assess the safety of the combination therapy [ Time Frame: 12 months and 24 months ] [ Designated as safety issue: Yes ]
  
• To assess efficacy of the two timing regimens [ Time Frame: 12 months and 24 months ] [ Designated as safety issue: Yes ]
  

• To evaluate the number of Lucentis injections and the number of PDT treatments required during the study [ Time Frame: 12 months and 24 months ] [ Designated as safety issue: Yes ]
  

The study will have two treatment groups. Each group will receive intravitreal injections (injection of medication in the jelly-like part of the back of the eye). One group (Group1) of approximately 15 patients will receive 0.5 mg of Lucentis™ followed by reduced fluence Photodynamic Therapy (PDT) with Visudyne ® 1-2 weeks later. The other group (Group 2) of approximately 15 patients will receive 0.5 mg of Lucentis™ followed by Photodynamic Therapy with Visudyne on the same day. patients will be assigned at random to receive one of the two treatments arms in the study. The dose received at the first injection will be the same dose received throughout the study.

Inclusion Criteria:

• Ability to give informed consent
• Treatment- naïve patients with active, subfoveal, exudative AMD
• Patients with visual acuity of 20/40-20/320 in the study eye
• Subfoveal choroidal neovascularization (CNV) must be at least 50% of the total lesion size Total area of lesion components other that CNV must be less than 50% of the total lesion size
• The lesion must be < 5400microns in greatest linear dimension (GLD)
• Lesion size < 10 DA

• Occult with no classic CNV lesions must have presumed recent disease progression:

  1. Blood associated with the lesion at baseline
  2. Loss of visual acuity in the previous 3 months: a: > 5 letter loss (ETDRS equivalent) or b: 2 or more lines using a snellen or equivalent chart
  3. > 10% increase in GLD as assessed by fluorescein angiography in the previous 3 months
• Previous treatment for CNV with anti-VEGF agents, intraocular steroids and/or Photodynamic therapy with Visudyne® in the study eye
• Geographic atrophy or fibrosis in the study eye
• Intraocular surgery within 6 weeks of enrollment
• Subretinal hemorrhage > 50% of the total lesion
• Patients with intraocular pressure greater than 30 mm/Hg on 2 pressure-lowering medications
• Patients with severe disciform scarring.
• Inability to make study visits
• Advanced glaucoma
• Allergies to porfins or a known hypersensitivity to any component of Visudyne®
• Patients with porphyria
• Pregnancy or lactation