In 2021, AbbVie secured the first FDA approval for an eye drop for presbyopia, but in 2022 the drugmaker reduced sales and marketing on the product, branded as Vuity. Now, a second-gen attempt at treating the age-related farsightedness condition is going into the trash bin.
The Chicago-area Big Pharma updated a federal trials database late last week to say it had terminated a Phase I/II study of AGN-241622. A proof-of-concept readout had been expected in 2023, per a corporate presentation earlier this year.
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