Sounds like AGN-150998 [DARPin] simply had insufficient differentiation from Lucentis on efficacy. It’s not a dosing issue per se insofar as AGN tested the two highest-tolerated doses from the phase-1 portion of the study in the phase-2 (randomized, controlled) portion (http://www.clinicaltrials.gov/ct2/show/NCT00775411 ).
Are you also significantly less optimistic about AGN's dual-acting (VEGF/PDGF) DARPin in preclinical development? According to yesterday's CC, the plans and timeline for this drug haven't changed at all, but this assertion might include a modicum of spin.