Biotech Values

[apljack]

EYEN: Anyone ever heard of Eyenovia, a microcap eyecare product development company? I came across this today because they had a PR about initiation of a Phase 3 trial for one of their lead products, Microstat, a fixed-combination of phenylephrine and tropicamide for in-office mydriasis (pupil dilation). Anyone who sees an Ophthalmologist on a regular basis has had their eyes dilated for routine exam and then likely had to wear some cheap sunglasses out of the office because the dilation takes several hours to resolve. This appears to be a product that pharmacologically resolves the problem. I can say, if given the chance to have these drops applied after dilation, that I would take the treatment (unless the price was too unreasonable.)

EYEN has several other products, including Micropine, an eye-drop treatment for myopia, and Microprost, a prostaglandin eye-drop for angle-closure glaucoma. I've no opinions regarding these latter potential products and it appears that their entire portfolio of eye-drop candidates are based upon a technology innovation(?) of a hand-held microdosing eye-drop dispenser. You can read more about the company and their platform here:

https://eyenoviabio.com/technology/