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Discover all trending biotech companies
Discover all trending biotech companies
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Annual Revenue
$ 19,000
Global Employees
17
This segment focuses on the research, development, and commercialization of novel therapies for various eye disorders. Key activities include clinical trials for lead product candidates like Nyxol eye drops, which is being evaluated for dim light or night vision disturbances, pharmacologically induced mydriasis, and presbyopia. The segment also includes the development of APX3330, an oral tablet targeting retinal and choroidal vascular diseases such as diabetic retinopathy and diabetic macular edema. Technologies employed include small molecule drug development and formulation, with a focus on addressing unmet medical needs in ophthalmology. Patient impact is aimed at improving vision and quality of life for individuals suffering from these conditions. Market positioning involves competing with established pharmaceutical companies and emerging biotech firms in the ophthalmic space. Future opportunities include expanding the product pipeline and securing regulatory approvals. Regulatory and clinical aspects are crucial, with ongoing Phase II and III clinical trials. Partnerships and collaborations are essential for clinical development and commercialization, as evidenced by the license agreement with FamyGen Life Sciences, Inc.
This segment represents Ocuphire's strategic expansion into gene therapy through the acquisition of Opus Genetics. The focus is on developing and commercializing gene therapies for inherited retinal diseases (IRDs). Research and development activities include preclinical studies, clinical trials, and manufacturing of gene therapy products. Technologies and methodologies involve gene editing, viral vector delivery, and advanced molecular biology techniques. The therapeutic area is specifically targeting IRDs, aiming to restore or improve vision in patients with genetic mutations affecting the retina. Patient impact is significant, offering the potential for disease modification and improved visual outcomes for patients with previously untreatable conditions. Market positioning involves competing with other gene therapy companies and established pharmaceutical companies in the ophthalmology market. Future opportunities include expanding the pipeline of gene therapy products and securing regulatory approvals. Regulatory and clinical aspects are critical, with a focus on navigating the complex regulatory pathways for gene therapy products. Partnerships and collaborations are essential for clinical development, manufacturing, and commercialization, leveraging the expertise of Opus Genetics.