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Aurinia Offers A Lot Of Upside Potential With Upcoming Phase 2 Dry Eye Disease Study Readout [Seeking Alpha]

Aurinia Pharmaceuticals Inc - Common Shares (AUPH) 
Last aurinia pharmaceuticals inc - common shares earnings: 3/5 04:02 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.auriniapharma.com
Company Research Source: Seeking Alpha
Aurinia Offers A Lot Of Upside Potential With Upcoming Phase 2 Dry Eye Disease Study Readout Summary Aurinia Pharmaceuticals is expected to release results from its phase 2 dry eye disease study any day now in January of 2019. The global dry eye disease market is expected to reach $7.7 billion by 2025. Aurinia Pharmaceuticals has cash and cash equivalents of $138.9 million as of September 30, 2018, which means it has enough cash to fund its operations into 2020. Phase 3 results for the Lupus Nephritis study using voclosporin are set to be released in Q4 of 2019. AUPH Major Catalyst The biggest reason to look at Aurinia Pharmaceuticals now is because of the upcoming results for Voclosporin treating patients with dry eye disease. This is a phase 2 study that is recruiting 90 patients with this disease. Before diving into the details of this study, it's important to understand the underlying cause of the disease. Dry eye disease global dry eye disease market is going to be worth $7.7 bil Show less Read more
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