ALDX Up as FDA Accepts Resubmitted NDA for Eye Drug Reproxalap
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Aldeyra Therapeutics' stock rises as the FDA accepts its resubmitted New Drug Application for reproxalap, a treatment for dry eye disease.
November 19, 2024 | 4:15 pm
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POSITIVE IMPACT
Aldeyra Therapeutics' stock increased following the FDA's acceptance of its resubmitted NDA for reproxalap, a drug for dry eye disease.
The acceptance of the NDA by the FDA is a significant regulatory milestone, indicating progress towards potential approval. This positive development likely increased investor confidence, leading to a rise in ALDX's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100