Although the FDA has accepted all safety data from two Phase III trials of dry eye treatment candidate RGN-259, the agency wants the drug's backers to conduct an additional Phase III trial to further demonstrate its efficacy, a requirement that will push back its prospects for approval in treating a condition with high unmet medical need that affects more than 344 million patients globally.
The RGN-259 setback was announced on April 9 by RegeneRx Biopharmaceuticals Inc. and South Korea's GtreeBNT Co., Ltd, who...