Ocuphire Pharma Initiates VEGA-3 Phase 3 Trial Of Phentolamine Ophthalmic Solution 0.75% For Presbyopia; Topline Data Expected In First Half Of 2025
Portfolio Pulse from Benzinga Newsdesk
Ocuphire Pharma has initiated the VEGA-3 Phase 3 trial for its Phentolamine Ophthalmic Solution 0.75% aimed at treating presbyopia. The company expects to release topline data in the first half of 2025.
September 05, 2024 | 12:07 pm
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Ocuphire Pharma has begun a Phase 3 trial for its presbyopia treatment, with results anticipated in 2025. This development could influence the company's stock as it progresses.
The initiation of a Phase 3 trial is a significant milestone for Ocuphire Pharma, indicating progress in their product pipeline. Successful trials can lead to FDA approval and commercialization, potentially boosting the stock price. However, the results are not expected until 2025, so the immediate impact may be limited.
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