Sydnexis Hit with FDA Rejection for Myopia Drug
FDA has issued Sydnexis a complete response letter for SYD-101, a low-dose atropine eye-drop candidate intended to slow disease progression in children with pediatric progressive myopia. The agency concluded that the data submitted do not support the drug’s effectiveness in treating myopia in children, despite acknowledging that the program met its primary endpoint, according to the company.
The NDA was based on data from the Phase 3 STAR study, which the company says met both the FDA-recommended primary endpoint and a key secondary endpoint measuring the annual rate of progression. Investigators also reported a greater than 50% reduction in progression among rapidly advancing patients at three years, it says.
Sydnexis notes that the agency letter did not cite any safety or product quality deficiencies.
“While we are surprised and disappointed with this decision, Sydnexis is committed to working with the FDA to address the items outlined in the CRL and determining the best path forward toward approval for SYD-101,” company CEO Perry Sternberg is quoted in a press release as saying.