Reduced revenue and cash pile put pressure on Nicox's glaucoma results

19 October 2022

A crucial milestone is coming up next month for French ophthalmology company Nicox (Euronext: COX).

Top-line results are due from the Mont Blanc Phase III trial evaluating NCX 470 in patients with open angle glaucoma or ocular hypertension.

The importance of the read-out is evidenced not just by the size of a glaucoma market that is expected to be worth $3.5 billion in 2030 across the USA, Japan and Europe’s top five economies.

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