French ophthalmology company Nicox (Euronext: FR0013018124) has announced negative results from a Phase IIb trial of its once-daily candidate NCX 4251.
The therapy, an ophthalmic suspension of fluticasone propionate, is being trialled against placebo in patients with acute exacerbations of blepharitis, a condition where the eyelids become red and swollen.
The trial did not meet the primary or secondary efficacy endpoints. Shares in the company fell about 7% in morning trading in Paris.
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