
Shares of US clinical stage company Aerie Pharmaceuticals (Nasdaq: AERI) were up 67% to $30.15 in after-hours trading on Wednesday, after the company reported the successful results of its second Phase III trial for Rhopressa, previously known as AMA0076, a novel once-daily, triple-action eye drop being tested for its ability to lower intraocular pressure (IOP) in patients with glaucoma or ocular hypertension.
The trial achieved its primary efficacy endpoint demonstrating non-inferiority of Rhopressa compared to timolol, the most widely used comparator.
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