Mid-stage trial miss deflates EyePoint Pharmaceuticals stock
A trial flop for Massachusetts, USA-based EyePoint Pharmaceuticals (Nasdaq: EYPT) has triggered a sell-off from investors, with the price of a share dropping by around half.
EyePoint, a specialist in serious retinal diseases, announced top-line results from its Phase II PAVIA trial evaluating Duravyu (vorolanib), previously known as EYP-1901.
The intravitreal insert is being developed for people with non-proliferative diabetic retinopathy.
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