Mid-stage trial miss deflates EyePoint Pharmaceuticals stock

7 May 2024

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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