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An announcement from D.Western Therapeutics Institute ( (JP:4576) ) is now available.
D. Western Therapeutics Institute announced the completion of subject dosing in the global Phase III clinical trial of ‘K-321,’ an ophthalmic solution for treating Fuchs endothelial corneal dystrophy. This milestone marks a significant step in evaluating the efficacy and safety of K-321, which is administered post-Descemet’s membrane stripping surgery. The trial, conducted in multiple regions including the US and Europe, is now in the follow-up observation phase, with results expected by March 2026. The development of K-321 is crucial as it offers a potential new treatment option for a condition that currently relies heavily on corneal transplantation. Despite this progress, the company stated that there will be no change to the earnings forecast for the fiscal year ending December 2025.
More about D.Western Therapeutics Institute
D. Western Therapeutics Institute, Inc. operates in the pharmaceutical industry, focusing on the development of innovative therapeutic agents. The company is involved in discovering and developing treatments for ophthalmic conditions, with a particular emphasis on products like ripasudil hydrochloride hydrate, a Rho kinase inhibitor.
Average Trading Volume: 1,120,533
Technical Sentiment Signal: Hold
Current Market Cap: Yen5.72B
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