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Monday, February 3, 2020

EyePoint Pharma in eye med license deal with Equinox Science

EyePoint Pharmaceuticals (NASDAQ:EYPT+11% after-hours on news it signed an exclusive license agreement with Equinox Science to develop vorolanib, a tyrosine kinase inhibitor, for the treatment of wet age-related macular degeneration, diabetic retinopathy and retinal vein occlusion.
EyePoint is developing vorolanib as EYP-1901, utilizing a miniaturized, injectable, sustained-release intravitreal drug delivery system with a six-month duration.
The company says it recently completed a positive Type B pre-Investigational New Drug meeting with the Food and Drug Administration clarifying the pathway for a phase 1 clinical trial, which it expects will provide data in H2 2021.
https://seekingalpha.com/news/3537714-eyepoint-pharma-inks-exclusive-license-deal-equinox-science

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