LEXINGTON, Mass.--(BUSINESS WIRE)--Inotek Pharmaceuticals Corporation (NASDAQ: ITEK), a clinical-stage biopharmaceutical company focused on the discovery, development and commercialization of therapies for ocular diseases, today reported financial results and operational highlights for the quarter ended March 31, 2017.
“Our Phase 2 fixed-dose combination (FDC) trial of trabodenoson and latanoprost is ongoing, and we recently completed the active recruitment phase,” said David P. Southwell, President and Chief Executive Officer. “We look forward to top-line results from this trial in July, and providing an update on our strategy for the development path for trabodenoson in glaucoma. We have communicated with the US Food and Drug Administration (FDA) regarding the MATrX-1 results. The FDA is in agreement with our conclusions that the trial did not meet its primary efficacy endpoint, however the safety profile of trabodenoson was comparable to placebo and there was minimal drug-related hyperemia.”
