Redwood Pharma to attend the ARVO annual meeting and BIO-Europe (Fall) in 2022
Redwood Pharma will be attending two of the leading international conferences in ophthalmology and biotechology during 2022. The goals of the conferences will be to explore partnering interest in the Company’s two dry eye programs, RP501 and RP101, as well as explore development collaborations where the IntelliGel drug delivery platform can be used.
- ARVO (Virtual) – May 11-12
- BIO-Europe (Fall, Leipzig Germany) – Oct. 24 – 26
To set up a meeting with Redwood Pharma, please contact:
Martin Vidaeus – CEO, Phone: +46 70-232 29 29
Email: martin.vidaeus@redwoodpharma.com
RP501 – a differentiated therapy addressing a large market
RP501 has significant therapeutic and commercial potential as a next-generation first-line therapy to treat the majority of DED sufferer, including males and females of all ages. The global market was valued at US$2.3 billion in 2019 and expected to grow to US$2.9 billion by 2030 (Source: Transparency Market Research 2020). Today, DED sufferers turn first to artificial tears (saline eye drops) to provide temporary relief.
Regular eye drops are, however, quickly cleared from the front of the eye and need frequent reapplication, creating a need for products that stay longer on the eye and reduce the number of drops to provide daily relief.
RP501 (IntelliGel) was used as the vehicle (placebo control) in the RP101 Phase II clinical trial completed last year, and our data from the RP101 trial showed that twice daily administration of RP501 improved both symptoms and objective measures of DED, in post-menopausal women with severe disease. In this trial, RP501 demonstrated increased tear fluid production as measured by the Schirmer test. Likewise, it improved various symptoms including foreign body sensation and dryness. RP501, as an easy-to-apply alternative to artificial tears providing long-lasting relief with fewer instillations per day, may thus offer a convenient and differentiated solution to over 340 million people worldwide suffering from DED.
About Redwood Pharma
Redwood Pharma develops ophthalmic products for unmet medical needs through novel approaches. In providing commercial partners and their customers with effective medical solutions, the Company is currently developing treatments for dry eye disease in various target patient populations. The RP101 program targets moderate-to-severe dry eye disease in post-menopausal women by delivering a low-dose estrogen therapy to the front of the eye. The RP501 program aims to treat milder forms of dry eye in a broader patient population including both men and women of all ages. For other potential drug substances and therapeutic areas, the Company can employ the IntelliGel drug delivery platform that enhances patient convenience by controlling dosing and potentially reducing the number of instillations per day and subsequent side-effects. Redwood Pharma leverages its strengths in early clinical development and aims to generate revenues through, among others, licensing agreements with companies that have capabilities to manufacture and sell medical products worldwide.
Redwood Pharma AB (publ) is listed on the Nasdaq First North Growth stock market (Ticker: REDW.ST, ISIN: SE008294789).
For more information visit: www.redwoodpharma.com
[1] Medtech Europe publication, June 2021: The European Medical Technology in figures 2021
[2] https://en.wikipedia.org/wiki/CE_marking
2022-01-24