Aldeyra Therapeutics shares are trading higher after the company achieved the primary endpoint in its Phase 3 trial for Reproxalap ophthalmic solution in treating dry eye disease. The company anticipates resubmitting its NDA in 2024.
Portfolio Pulse from Benzinga Newsdesk
Aldeyra Therapeutics shares are trading higher after the company achieved the primary endpoint in its Phase 3 trial for Reproxalap ophthalmic solution in treating dry eye disease. The company anticipates resubmitting its NDA in 2024.
August 08, 2024 | 11:20 am
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Aldeyra Therapeutics shares are trading higher after achieving the primary endpoint in its Phase 3 trial for Reproxalap ophthalmic solution in treating dry eye disease. The company plans to resubmit its NDA in 2024.
The achievement of the primary endpoint in a Phase 3 trial is a significant milestone for any biotech company, often leading to a positive market reaction. The anticipation of resubmitting the NDA in 2024 further adds to the positive sentiment.
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IMPORTANCE 90
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