Biotechnology US ophthalmic therapy developer Kodiak Sciences, which had hoped to challenge the highly successful eye drug Eylea (aflibercept) and the current standard of care, saw its shares plunge 80% to $10.07 by mid-morning today, when it released top-line results from its randomized, double-masked, active comparator-controlled Phase IIb/III clinical trial evaluating the efficacy, durability and safety of KSI-301, a novel antibody biopolymer conjugate, in treatment-naïve subjects with neovascular (wet) age-related macular degeneration. 23 February 2022