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0.0051975051975052 0.0051975051975052 0.0051975051975052 0.0384615384615384 -0.00207900207900214 0.0301455301455301 0.106029106029106 0.0696465696465695
Stock impact report

Eyenovia stock plummets following Phase III myopia trial failure [Yahoo! Finance]

Eyenovia, Inc. (EYEN) 
Last eyenovia, inc. earnings: 3/25 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
The US ophthalmic technology company's stock dropped from $0.34 per share at market close on 14 November to $0.10 at close on 15 November, following the announcement that the CHAPERONE study failed to meet its primary endpoint of a less than 0.5 dioptre progression in visual acuity over three years. The company will now terminate the study. The CHAPERONE trial (NCT03942419) examined the company's combination of low-dose atropine using its Optejet dispensing platform as a potential treatment for paediatric progressive myopia. Efficacy data taken from 252 patients showed that the rate of myopia progression was not significantly different between the experimental and active comparator arms. All dosages and the placebo appeared to be well-tolerated, with the company claiming only mild and infrequent adverse events as part of the trial. Eyenovia chief executive officer Michael Rowe said: “We are disappointed that the DRC determined that the CHAPERONE study does not appear to be meetin Show less Read more
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