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0.00425531914893627 0.0468085106382978 0.0425531914893617 0.0297872340425531 -0.00425531914893608 -0.0212765957446808 -0.0638297872340425 -0.0298723404255318
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UPDATE 1-US FDA approves Eyenovia's eye drug, Formosa Pharma says [Yahoo! Finance]

Eyenovia, Inc. (EYEN) 
Last eyenovia, inc. earnings: 3/25 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
and pain in patients who have undergone eye surgery, Formosa Pharmaceuticals said on Monday. Eyenovia acquired U.S. commercial rights of the drug in August last year from Formosa Pharmaceuticals. The treatment, contains a potent topical steroid, clobetasol propionate, typically used to treat skin conditions such as eczema and psoriasis. The steroid has so far not been used to treat eye diseases. Eyenovia is working to launch the product mid-year and has the potential to capture a significant share of an estimated $1.3 billion annual market opportunity, Eyenovia CEO Michael Rowe said. The company did not immediately respond to a request for comment on pricing of the eye drops. (Reporting by Sriparna Roy, Sneha S K and Mariam Sunny in Bengaluru; Editing by Shilpi Majumdar and Shounak Dasgupta) Show less Read more
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