Aldeyra Therapeutics Reports Full-Year 2019 Financial Results

Biotech Investing

Aldeyra Therapeutics reported financial results for the year ended December 31, 2019 and provided an update on anticipated clinical milestones.

Aldeyra Therapeutics (NASDAQ:ALDX) reported financial results for the year ended December 31, 2019 and provided an update on anticipated clinical milestones.

As quoted in the press release:

ā€œ2019 was a year of continued momentum for our lead programs, as we reported statistically significant and clinical relevant data that underscored the potential of reproxalap as a first-line therapy in allergic conjunctivitis and dry eye disease, conditions that in the aggregate affect more than one billion people worldwide,ā€ stated Todd C. Brady, M.D., President and CEO of Aldeyra. ā€œReproxalap potentially represents a highly differentiated mechanism of action compared with existing therapies. We are excited about the market opportunities for reproxalap as we continue to advance towards the completion of clinical development.ā€

Click here to read the full press release.

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