
Canada-headquartered eye health company Bausch + Lomb (NYSE/TSX: BLCO) has announced disappointing top-line results from its Phase II study evaluating BL1107 in patients with glaucoma.
The study did not achieve its primary endpoint of replicating visual function improvements observed in a smaller Phase 1/2a study following 28 days of topical administration. Based on the totality of the data, the company has decided not to advance the program in this indication as a topical eye drop. The company’s shares closed down 3% to $16.23 following the announcement.
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