Welcome to our dedicated page for Eyenovia news (Ticker: EYEN), a resource for investors and traders seeking the latest updates and insights on Eyenovia stock.
Eyenovia Inc (EYEN) is a clinical-stage biopharmaceutical innovator advancing precision ophthalmic therapies through its proprietary microdosing technology. This page serves as the definitive source for verified company news, including clinical trial milestones, regulatory updates, and strategic partnerships shaping the future of eye care.
Investors and industry professionals will find timely updates on key initiatives such as Optejet delivery system advancements, pipeline developments for mydriasis and myopia treatments, and commercialization progress. Our curated news collection ensures transparent access to material events impacting Eyenovia's position in the ophthalmic therapeutics market.
Content highlights include FDA submission announcements, partnership agreements with healthcare providers, research publications, and financial performance updates. All information is sourced directly from official company communications to maintain accuracy and compliance.
Bookmark this page for streamlined access to Eyenovia's latest developments in microdose array print (MAP) technology and its application in improving ocular treatment outcomes. Regularly updated to reflect the evolving landscape of precision ophthalmology.
Eyenovia (NASDAQ: EYEN) reported its Q1 2024 financial results and updates on key products. The company aims to accelerate the development of MicroPine, a late-stage product for pediatric progressive myopia, and anticipates a 3Q 2024 launch for clobetasol propionate ophthalmic suspension, a new steroid for post-ocular surgery inflammation and pain. Additionally, Eyenovia has trained and shipped products to 50 new Mydcombi-using offices since April 2024.
Financially, the company reported a net loss of $10.9 million or $0.23 per share, compared to a $5.7 million loss or $0.15 per share in Q1 2023. Operating expenses increased by 88.1% year-over-year, partly due to reacquiring MicroPine license rights. Eyenovia reduced anticipated cash-based expenses by $0.8 million per quarter and had $8.0 million in cash and equivalents as of March 31, 2024.
The company has completed manufacturing capabilities with FDA approval for three facilities. A conference call and webcast are scheduled for May 15, 2024, at 4:30 pm ET.
Eyenovia (NASDAQ: EYEN), an ophthalmic company with two FDA-approved products and a late-stage asset in pediatric progressive myopia, will report its Q1 2024 financial results on May 15, 2024, after the market closes.
A conference call and webcast will follow at 4:30 p.m. ET to review the financial and operating results. Participants can join the call at 1-800-717-1738 (domestic) or 1-646-307-1865 (international). Live and archived webcasts will be available on the investor relations page of Eyenovia's website.