Efficacy And Mechanism Of ActionReproxalap’s fast benefit measured in minutes compared to the weeks or months characteristic of standard-of-care DED treatments is highlighted as a significant advantage.
FDA Approval ProspectsThe announced FDA acceptance of the resubmitted NDA for lead asset Reproxalap is seen as a positive step towards getting approval for treating dry eye disease.
Strategic PartnershipsThe option agreement with AbbVie for a potential co-exclusive license in the US market is seen as a strong strategic move, given AbbVie's existing salesforce and market position.