EyePoint Pharmaceuticals investigated over misleading wet AMD trial results

News provided byEyePoint, Inc · 1 min read
NEW YORK, Sept. 3, 2026 /CourierPR/ -- The investigation stems from a press release issued by EyePoint on August 17, 2026, announcing the results of the LUGANO trial, a pivotal Phase 3 clinical study for DURAVYU™ (vorolanib intravitreal insert) as a treatment for wet age-related macular degeneration (wet AMD). According to the press release, the change from baseline in best corrected visual acuity versus 2 mg aflibercept (Regeneron Pharmaceuticals’ Eylea) was not achieved across the entire dataset.
Following the release of this news, EyePoint’s stock price plummeted by $9.88 per share, representing a 66.98% decline, closing at $4.87 per share on the same day. This sharp drop in value has raised concerns among investors about potential misrepresentations or fraudulent practices by the company and its officers or directors.
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