Aerie adds Avizorex asset to pipeline with acquisition

19 November 2019

US ophthalmology specialist Aerie Pharmaceuticals (Nasdaq: AERI) has agreed to acquire Avizorex Pharma, a Spanish company developing therapeutics for the treatment of dry eye disease.

Avizorex completed a Phase IIa study in dry eye subjects earlier this year with its lead product candidate, AVX-012, a potent and selective agonist of the TRPM8 ion channel, a cold sensor and osmolarity sensor that regulates ocular surface wetness and blink rate.

Phase IIb study planned

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