NicOx partners on novel S-R ophthalmic formulation
French biotech firm NicOx (Euronext Paris: COX) has entered into a research collaboration with Northern Ireland-based Re-Vana Therapeutics, an ocular pharmaceutical and drug delivery company.
The companies will explore combining NicOx' next generation of stand-alone nitric oxide (NO)-donors with Re-Vana's EyeLief long-acting photo-crosslinked biodegradable drug delivery platform for the reduction of intraocular pressure (IOP), a key risk factor for the development and progression of glaucoma.
NicOx shares were down 1.36% at 8.78 euros last morning.
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