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Eyenovia, Inc. (NASDAQ:EYEN), a commercial-stage ophthalmic company with two FDA-approved products and a late-stage asset in pediatric progressive myopia, and SGN Nanopharma, today announced that the companies have entered into a collaboration agreement to develop a treatment for chronic dry eye disease.
Under the terms of the agreement, the companies will work to develop SGN's Micellar Nanoparticle Platform (MNP) platform-based cyclosporine formulation for use with Eyenovia's Optejet® dispenser. The companies are currently validating the novel drug-device combination product's manufacturability to support clinical testing and will then schedule a consultation meeting with the FDA to discuss clinical development.
Posted In: EYEN