Eye Drops to Treat Wet AMD

Ohr Pharmaceutical Inc (Nasdaq: OHRP) announced that its Squalamine Eye Drop formulation was awarded Fast Track designation by the U.S. Food and Drug Administration (FDA) for the potential treatment of the wet form of macular degeneration (wet-AMD).

According to Ohr’s CEO, the Fast Track designation underscores the importance of developing an eye drop designed for self-administration for the treatment of wet-AMD. Clearly, self-administrating eye drops to treat wet AMD is preferable over regular intravitreal injections of Roche/Genentech’s Lucentis(R) or Avastin(R), or Regeneron’s Eylea(R), directly into the eye.

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