UK biopharmaceutical firm Evolutec says that, as a result of a failed Phase II trial, no further investment will be made in its lead product candidate rEV131. The drug did not meet its primary endpoints in a program that examined it as a treatment for the control of post-cataract surgery inflammation.
The study compared twice-daily dosing of rEV131 with a four times-a-day dosing regimen of the standard treatment prednisolone, and placebo. Analysis of the data revealed that there were no significant differences in therapeutic effect between rEV131 and placebo, whereas prednisolone demonstrated the expected level of efficacy.
Second failure at Phase II
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