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Clearside Biomedical Partner Arctic Vision Executes Commercial Collaboration Agreement with Santen Pharmaceutical Co., Ltd for ARVN001 Suprachoroidal Space Injection Therapy for the Treatment of Uveitic Macular Edema
ARVNArvinas LLC(ARVN) GlobeNewswire News Room·2024-11-07 14:05

Core Insights - Clearside Biomedical, Inc. has entered a commercial collaboration agreement with Arctic Vision and Santen Pharmaceutical Co., Ltd. for the commercialization of ARVN001 (XIPERE®) in China, targeting uveitic macular edema and other ophthalmic indications [1][2] - The partnership is expected to enhance the validation of Clearside's Suprachoroidal Space (SCS®) delivery platform, which is gaining traction among global pharmaceutical companies [2][3] - Arctic Vision has reported positive Phase 3 trial results for ARVN001 in China and is pursuing regulatory approvals in multiple Asia-Pacific countries [3] Company Overview - Clearside Biomedical specializes in innovative drug delivery systems for ocular diseases, utilizing its proprietary SCS Microinjector® to administer therapies directly to the back of the eye [5][9] - The company’s lead product, XIPERE®, is a corticosteroid suspension approved in the U.S. for treating macular edema associated with uveitis, and is commercially available through Bausch + Lomb [6][9] - Clearside is also developing a pipeline of small molecule candidates for ocular conditions, with its lead program, CLS-AX, for wet age-related macular degeneration, recently completing a Phase 2b trial [9] Market Context - Uveitis affects approximately 350,000 patients in the U.S. and over one million globally, with about one-third developing uveitic macular edema, a significant cause of vision loss [8] - The uveitis market is projected to grow to nearly 550millionintheU.S.andover550 million in the U.S. and over 1 billion globally by 2024 [8]