PolyActiva is pleased to announce it has been awarded a $1.5m CUREator Grant, made available through the Federal Government’s Medical Research Future Fund’s Early-Stage Translation and Commercialisation Support (ESTAC) funding. With this funding, PolyActiva will complete a Phase 1 clinical trial in Australia of PA5346, its second-generation latanoprost-releasing ocular implant designed to deliver 12 months of treatment for patients with glaucoma. PolyActiva’s unique and differentiated Prezia™ drug delivery platform is used to develop injectable ocular implants to treat various ophthalmic conditions. PolyActiva’s first-generation lead product (PA5108) is demonstrating promising results in phase 2 clinical trials targeting 6 months of therapy. PolyActiva’s second-generation product, PA5346, is a small biodegradable rod that is expected to deliver a sustained daily dose of latanoprost to reduce intraocular pressure (IOP) in patients with glaucoma and ocular hypertension over 12 months. “We are delighted to be the recipient of a CUREator Grant for the development of PA5346, which provides us with the opportunity to pursue development of a second clinical candidate in our pipeline of glaucoma treatments. Early data with PA5346 suggests it has the potential to provide 12 months treatment for patients with glaucoma. The CUREator Grant will allow us to determine if this product truly meets that objective” says Vanessa Waddell, CEO of PolyActiva. “Because PolyActiva’s implants rapidly biodegrade at the end of the treatment period, we believe that they will be able to be given repeatedly, and that would change the way we manage this eye disease.” Read the full statement here: https://lnkd.in/emSYKvkT #Glaucoma #DrugDelivery #CUREator #Biotechnology #Innovation
Congratulations to PolyActiva
Wonderful! Congrats!
Congratulations Igor, Andrew and to the PolyActiva Team!
Assistant General Manager @ CBCC Global Research
7moCongratulations team PolyActiva