Eyenovia to discontinue late-stage study for eye drug
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Eyenovia announced the termination of a late-stage study for its experimental drug-device combination aimed at treating pediatric progressive myopia, as it did not meet the primary endpoint.
November 15, 2024 | 12:30 pm
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Eyenovia is discontinuing its late-stage study for a pediatric myopia treatment due to failure in meeting the primary endpoint, which could negatively impact investor sentiment and stock price.
The termination of a late-stage study typically indicates a setback in the company's product pipeline, which can lead to negative investor sentiment and a potential decline in stock price. The failure to meet the primary endpoint suggests challenges in the drug's efficacy, impacting future prospects.
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