Shareholders remain unhappy with Aerie Pharmaceuticals, Inc.’s attempt to spin a failed Phase IIb study for its TRMP8 agonist AR-11512 in dry eye disease as a success. But since multiple endpoints were hit in the trial, the company is planning to move ahead with two Phase III trials and could still obtain US approval in an increasingly crowded therapeutic space.
Right after market closing on 15 September, Aerie announced that the 369-patient COMET-1 study of AR-15512 missed the predetermined primary endpoints of OSD-VAS, a symptom of dry eye disease, and anesthetized Schirmer’s score, a sign of the disease
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