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Aldeyra Therapeutics

Aldeyra Therapeutics logo
🇺🇸United States
Ownership
Public
Established
2004-01-01
Employees
10
Market Cap
$319M
Website
http://www.aldeyra.com
Introduction

Aldeyra Therapeutics, Inc. is a biotechnology company, which engages in research and development activities with related general business planning, including raising capital. It engages in the discovery of therapies designed to treat immune-mediated diseases. The company was founded by Thomas A. Jordan and John E. Dowling on August 13, 2004 and is headquartered in Lexington, MA.

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Dry Eye Disease Therapeutics Market Size In The 7MM Is Expected To Increase By 2034, Estimates Delveinsight

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Aldeyra Therapeutics Announces FDA Acceptance for Reproxalap NDA Resubmission

Aldeyra Therapeutics announced FDA's acceptance of the resubmitted NDA for reproxalap, targeting dry eye disease, with a PDUFA date of April 2, 2025. The company also expanded its option agreement with AbbVie, involving a $100 million upfront payment and up to $300 million in milestone payments, sharing profits 60/40. Reproxalap, a RASP modulator, has shown promise in treating dry eye disease and allergic conjunctivitis without significant safety concerns.

Aldeyra announces FDA acceptance for review of reproxalap for dry eye disease treatment

Aldeyra Therapeutics' NDA for reproxalap, a novel dry eye disease treatment, accepted by FDA with a PDUFA date of April 2, 2025. Expanded option agreement with AbbVie includes a $100M upfront payment and up to $300M in milestone payments, with a 60/40 profit split post-approval.
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FDA Reviews Aldeyra's Dry Eye Disease Drug Candidate

Aldeyra Therapeutics' NDA for reproxalap, a dry eye disease treatment, is under FDA review with a PDUFA date of April 2, 2025. A partnership with AbbVie could yield Aldeyra up to $400 million, including a $100 million payment upon FDA approval. Reproxalap targets RASP, showing promise in clinical trials. Aldeyra also advances other RASP modulators for various diseases.
finance.yahoo.com
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ALDX Up as FDA Accepts Resubmitted NDA for Eye Drug Reproxalap

Aldeyra Therapeutics' FDA-accepted NDA resubmission for reproxalap targets dry eye disease, with a decision expected by April 2, 2025. Following a 2023 CRL, a phase III study met primary endpoints, leading to the resubmission. Aldeyra also expanded its option agreement with AbbVie, sharing pre-commercial costs. Shares rose 11.6% post-announcement.
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Aldeyra Therapeutics Resubmits Reproxalap New Drug Application for Chronic Dry Eye Disease Therapy

Aldeyra Therapeutics resubmitted an NDA to the FDA for reproxalap, a potential first chronic dry eye disease therapy showing acute symptom and redness reduction. Positive Phase 3 trial results support its rapid clinical effect. FDA review expected within 6 months.
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Aldeyra Therapeutics Achieves Primary Endpoint in Phase 3 Dry Eye Disease Clinical Trial of Reproxalap

Aldeyra Therapeutics announces achievement of primary endpoint in Phase 3 dry eye disease trial for reproxalap, showing statistical superiority over vehicle for ocular discomfort (P=0.004).
aldeyra.com
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Reproxalap for Dry Eye Disease

Reproxalap, a novel small molecule drug, inhibits RASP to reduce ocular inflammation in dry eye disease. Clinical trials show significant activity, with potential for early, broad efficacy and a unique product profile. Studied in over 1,800 patients, it's safe, with mild, transient discomfort reported. Aldeyra plans to advance 0.25% topical ocular reproxalap for treatment.
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