FDA Clears Zhaoke Ophthalmology’s IND Application for CsA Ophthalmic Gel

The latest update is out from Zhaoke Ophthalmology Ltd. ( (HK:6622) ).

Zhaoke Ophthalmology Limited announced that the FDA has cleared its IND application for the CsA Ophthalmic Gel, a core product for treating moderate-to-severe dry eye disease. The gel, which has shown promising results in previous trials, is expected to improve patient compliance due to its once-daily application and rapid onset of action, potentially enhancing the company’s position in the ophthalmic treatment market.

More about Zhaoke Ophthalmology Ltd.

Zhaoke Ophthalmology Limited is a company incorporated in the British Virgin Islands and continued in the Cayman Islands, focusing on the development of ophthalmic products. It specializes in innovative treatments for eye diseases, with a market focus on products like the CsA Ophthalmic Gel for moderate-to-severe dry eye disease.

Average Trading Volume: 2,903,799

Technical Sentiment Signal: Buy

Current Market Cap: HK$1.57B

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