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Details:
Proceeds will fund planned further clinical development of its lead asset, OXU-001, for the treatment of diabetic macular edema (DME), as well as accelerating development of its early-product pipeline.
Lead Product(s): Dexamethasone
Therapeutic Area: Ophthalmology Product Name: OXU-001
Highest Development Status: Preclinical Product Type: Small molecule
Partner/Sponsor/Collaborator: Forbion
Deal Size: $37.0 million Upfront Cash: Undisclosed
Deal Type: Financing March 01, 2021
Details:
Oxular's OXU-003 programme for the treatment of retinoblastoma consists of a proprietary anti-tumour drug which utilises Oxular's formulation and ocular administration technology to safely deliver a precise amount of drug adjacent to the primary ocular tumour.
Lead Product(s): OXU-003
Therapeutic Area: Oncology Product Name: OXU-003
Highest Development Status: IND Enabling Product Type: Undisclosed
Partner/Sponsor/Collaborator: Not Applicable
Deal Size: Not Applicable Upfront Cash: Not Applicable
Deal Type: Not Applicable October 12, 2020