AffaMed Therapeutics Reports Positive Top-Line Results From Study Evaluating DEXTENZA

RTTNews | 728天前
AffaMed Therapeutics Reports Positive Top-Line Results From Study Evaluating DEXTENZA

(RTTNews) - Biotechnology company AffaMed Therapeutics announced Tuesday positive top-line results from the Real-World Study conducted in the Boao Lecheng Pilot Zone in Hainan, China, to evaluate the safety and efficacy of DEXTENZA (0.4 mg dexamethasone ophthalmic insert) for the treatment of ocular inflammation and pain following cataract surgery.

The trial met its primary endpoint, with Dextenza demonstrating a significant reduction of ocular inflammation as measured by the absence of anterior chamber cells in the study eye on Day 14 after cataract surgery.

The trial also met its secondary endpoint, demonstrating a significant reduction of ocular pain on Day 8.

Dextenza was also well-tolerated and had a favorable safety profile consistent with all prior trials.

In October 2020, AffaMed Therapeutics entered into a licensing agreement with Ocular Therapeutix, Inc. (OCUL) for the development and commercialization of DEXTENZA in Greater China, South Korea, and certain ASEAN markets.

DEXTENZA is approved in the U.S. and MacauSAR for the treatment of ocular inflammation and pain following ophthalmic surgery, and ocular itching associated with allergic conjunctivitis.

read more
Canadian Market Advances; Cameco, Celestica Up Sharply

Canadian Market Advances; Cameco, Celestica Up Sharply

The Canadian market is up in positive territory around late morning on Tuesday thanks to gains in technology stocks. Energy stocks are weak, weighed down by a sharp drop in crude oil prices.
RTTNews | 6小時58分鐘前
U.S. Consumer Confidence Edges Modestly Lower In October

U.S. Consumer Confidence Edges Modestly Lower In October

Consumer confidence in the U.S. saw a modest deterioration in the month of October, according to a report released by the Conference Board on Tuesday. The Conference Board said its consumer confidence index dipped to 94.6 in October from an upwardly revised 95.6 in September.
RTTNews | 8小時23分鐘前
PayPal Lifts FY25 Outlook Above Market, Teams With OpenAI; Stock Up

PayPal Lifts FY25 Outlook Above Market, Teams With OpenAI; Stock Up

Shares of PayPal Holdings, Inc. were gaining around 15 percent in the pre-market activity on the Nasdaq, after the company issued earnings forecast for its fourth quarter expecting year-over-year growth, and raised fiscal 2025 outlook above the market estimates. The payment technology major also initiated quarterly cash dividend after reporting higher third-quarter results above market.
RTTNews | 9小時39分鐘前
Falling Commodity Prices Likely To Weigh On Canadian Market At Open

Falling Commodity Prices Likely To Weigh On Canadian Market At Open

Canadian market is likely to open on a negative note Tuesday morning, weighed down by falling crude oil and gold prices. The mood is likely to remain cautious ahead of the monetary policy announcements from the Bank of Canada and the Federal Reserve on Wednesday.
RTTNews | 10小時4分鐘前
German GfK Consumer Sentiment To Continue Falling On Weak Income Expectations

German GfK Consumer Sentiment To Continue Falling On Weak Income Expectations

German consumer confidence is likely to continue its downward trend in November on weaker income expectations, monthly survey data published jointly by NIQ/GfK and the Nuremberg Institute for Market Decisions showed Tuesday. The forward-looking consumer climate indicator fell unexpectedly to -24.1 in November from revised -22.5 in October. The score was expected to improve to -22.0.
RTTNews | 10小時56分鐘前