$10 million raised for EyeStem’s Phase II trial
Indian cell therapy company Eyestem Research has raised $10 million in a significantly oversubscribed funding round to support the next stage of development for its investigational retinal pigment epithelial (RPE) cell therapy, Eyecyte-RPE.
The capital will enable completion of a Phase II trial in India and support preparations for filing an Investigational New Drug (IND) application with the US Food and Drug Administration (FDA).
Eyecyte-RPE is being developed for patients with geographic atrophy (GA) secondary to dry age-related macular degeneration (dry AMD).
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