EYEG Eyegate Pharmaceuticals Inc.

5.1
-0.1  -2%
Previous Close 5.2
Open 5.1
52 Week Low 2.25
52 Week High 12.89
Market Cap $23,596,451
Shares 4,626,755
Float 2,667,528
Enterprise Value $18,326,248
Volume 34,775
Av. Daily Volume 28,318
Stock charts supplied by TradingView

Drug Pipeline

Drug Stage Notes
Ocular Bandage Gel eye drop
Dry eye disease
Phase 1
Phase 1
Data from follow-on pilot trial released March 31, 2020.
Ocular Bandage Gel
Wound healing
Phase 2
Phase 2
PRK pivotal trial met primary endpoint - November 22, 2019.
EGP-437
Non-infectious anterior uveitis
Phase 3
Phase 3
Phase 3 data did not demonstrate non-inferiority - September 4, 2018.
EGP-437
Ocular inflammation and pain post cataract surgery
Phase 2b
Phase 2b
Phase 2b data released February 5, 2018 - co-primary endpoints not met.

Latest News

  1. WALTHAM, MA / ACCESSWIRE / June 11, 2020 / EyeGate Pharmaceuticals, Inc. (NASDAQ:EYEG) ("EyeGate" or "the Company"), a clinical-stage company focused on developing products for treating disorders of the eye, announced today that it has received positive feedback from the U.S. Food and Drug Administration ("FDA") regarding the requested packaging for EyeGate's Ocular Bandage Gel ("OBG") eye drop.

    OBG is being developed for corneal wound repair post photorefractive keratectomy ("PRK") surgery and for dry eye patients with punctate epitheliopathies ("PE"). OBG does not include a preservative, which can be irritating and exacerbate these ocular surface indications. EyeGate is seeking to use a multi-dose preservative-free ("MDPF") bottle that is more…

    WALTHAM, MA / ACCESSWIRE / June 11, 2020 / EyeGate Pharmaceuticals, Inc. (NASDAQ:EYEG) ("EyeGate" or "the Company"), a clinical-stage company focused on developing products for treating disorders of the eye, announced today that it has received positive feedback from the U.S. Food and Drug Administration ("FDA") regarding the requested packaging for EyeGate's Ocular Bandage Gel ("OBG") eye drop.

    OBG is being developed for corneal wound repair post photorefractive keratectomy ("PRK") surgery and for dry eye patients with punctate epitheliopathies ("PE"). OBG does not include a preservative, which can be irritating and exacerbate these ocular surface indications. EyeGate is seeking to use a multi-dose preservative-free ("MDPF") bottle that is more cost effective and less wasteful compared to the standard mono-dose bottle or individual units typically used for preservative-free topical ophthalmics. The FDA has provided EyeGate with a path forward for using the MDPF bottle, requesting that EyeGate complete some additional tests prior to fully approving the bottle for use. These tests are expected to be completed in the second half of 2020 and are not expected to have an impact on EyeGate's cash runway.

    "We are very pleased with this positive feedback from the FDA. With their comments, there is a clear path forward for using the multi-dose preservative-free bottle in future clinical studies and ultimately in commercialization," stated Stephen From, EyeGate's Chief Executive Officer. "We believe that using this packaging will dramatically reduce our cost of goods sold, providing us with more financial flexibility as we continue the development of OBG."

    About EyeGate

    EyeGate is a clinical-stage specialty pharmaceutical company focused on developing and commercializing products for treating diseases and disorders of the eye.

    EyeGate's lead product, Ocular Bandage Gel ("OBG"), is based on a modified form of the natural polymer hyaluronic acid. The product is applied as a clear topical gel, to the damaged ocular surface and possesses unique properties that help hydrate, protect, and heal the ocular surface. EyeGate is in the clinic for two different patient populations: (1) photorefractive keratectomy ("PRK") surgery to demonstrate corneal wound repair after refractive surgery; and (2) punctate epitheliopathies ("PE"), specifically in patients with dry eye.

    The objective of OBG is to re-epithelialize the cornea, reduce the risk of infection, improve symptoms, and improve ocular surface integrity. Often, current treatments fall short because they are ineffective in protecting and enabling corneal re-epithelialization.

    If EyeGate receives FDA approval following successful completion of the PRK pivotal study, EyeGate believes OBG will be the only prescription hyaluronic acid ("HA") eye drop in the U.S. and the only eye drop in the U.S. approved for the healing of corneal epithelial defects. Additionally, if the clinical trials for patients with PE are successful, EyeGate believes OBG will be the only HA eye drop in the U.S. approved for the treatment of Dry Eye.

    For more information, please visit www.EyeGatePharma.com.

    EyeGate Social Media

    EyeGate uses its website (www.EyeGatePharma.com), Facebook page (https://www.facebook.com/ EyeGatePharma/), corporate Twitter account (https://twitter.com/EyeGatePharma), and LinkedIn page (https://www.linkedin.com/company/135892/) as channels of distribution of information about EyeGate and its product candidates. Such information may be deemed material information, and EyeGate may use these channels to comply with its disclosure obligations under Regulation FD. Therefore, investors should monitor EyeGate's website and its social media accounts in addition to following its press releases, SEC filings, public conference calls, and webcasts. The social media channels that EyeGate intends to use as a means of disclosing the information described above may be updated from time to time as listed on EyeGate's investor relations website.

    Forward-Looking Statements

    Some of the statements in this press release are "forward-looking" and are made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995. These "forward-looking" statements include statements relating to, among other things, the commercialization efforts and other regulatory or marketing approval efforts pertaining to EyeGate's products, including EyeGate's OBG product, as well as the success thereof, with such approvals or success may not be obtained or achieved on a timely basis or at all. These statements involve risks and uncertainties that may cause results to differ materially from the statements set forth in this press release, including, among other things, certain risk factors described under the heading "Risk Factors" contained in EyeGate's Annual Report on Form 10-K filed with the SEC on March 4, 2020 or described in EyeGate's other public filings. EyeGate's results may also be affected by factors of which EyeGate is not currently aware. The forward-looking statements in this press release speak only as of the date of this press release. EyeGate expressly disclaims any obligation or undertaking to release publicly any updates or revisions to such statements to reflect any change in its expectations with regard thereto or any changes in the events, conditions or circumstances on which any such statement is based.

    Contact

    Joseph Green/Laine Yonker
    Edison Group for EyeGate Pharmaceuticals
    646-653-7030/7035
    /

    SOURCE: EyeGate Pharmaceuticals, Inc.



    View source version on accesswire.com:
    https://www.accesswire.com/593526/EyeGate-Pharma-Receives-Positive-Feedback-from-FDA-Regarding-Ocular-Bandage-Gel-Packaging

    View Full Article Hide Full Article
  2. WALTHAM, MA / ACCESSWIRE / June 1, 2020 / EyeGate Pharmaceuticals, Inc. (NASDAQ:EYEG) ("EyeGate" or "the Company"), a clinical-stage company focused on developing products for treating disorders of the eye, announced today that its Chief Executive Officer, Stephen From, will be presenting at Jefferies Virtual Healthcare Conference, taking place from June 2-4, 2020.

    Presentation Details

    Date: Thursday, June 4th
    Time: 2:30-2:55pm EST
    Live Audio Webcast Link: http://wsw.com/webcast/jeff126/eyeg/

    The live audio webcast of the presentation will also be available by accessing EyeGate's investor page at http://www.eyegatepharma.com/investors/ and clicking the ‘Events' tab. If you are unable to participate during the live webcast, the call will be archived…

    WALTHAM, MA / ACCESSWIRE / June 1, 2020 / EyeGate Pharmaceuticals, Inc. (NASDAQ:EYEG) ("EyeGate" or "the Company"), a clinical-stage company focused on developing products for treating disorders of the eye, announced today that its Chief Executive Officer, Stephen From, will be presenting at Jefferies Virtual Healthcare Conference, taking place from June 2-4, 2020.

    Presentation Details

    Date: Thursday, June 4th
    Time: 2:30-2:55pm EST
    Live Audio Webcast Link: http://wsw.com/webcast/jeff126/eyeg/

    The live audio webcast of the presentation will also be available by accessing EyeGate's investor page at http://www.eyegatepharma.com/investors/ and clicking the ‘Events' tab. If you are unable to participate during the live webcast, the call will be archived on this page.

    About EyeGate

    EyeGate is a clinical-stage specialty pharmaceutical company focused on developing and commercializing products for treating diseases and disorders of the eye.

    EyeGate's lead product, Ocular Bandage Gel ("OBG"), is based on a modified form of the natural polymer hyaluronic acid. The product is applied as a clear topical gel, to the damaged ocular surface and possesses unique properties that help hydrate, protect, and heal the ocular surface. EyeGate is in the clinic for two different patient populations: (1) photorefractive keratectomy ("PRK") surgery to demonstrate corneal wound repair after refractive surgery; and (2) punctate epitheliopathies ("PE"), specifically in patients with dry eye.

    The objective of OBG is to re-epithelialize the cornea, reduce the risk of infection, improve symptoms, and improve ocular surface integrity. Often, current treatments fall short because they are ineffective in protecting and enabling corneal re-epithelialization.

    If EyeGate receives FDA approval following successful completion of the PRK pivotal study, EyeGate believes OBG will be the only prescription hyaluronic acid ("HA") eye drop in the U.S. and the only eye drop in the U.S. approved for the healing of corneal epithelial defects. Additionally, if the clinical trials for patients with PE are successful, EyeGate believes OBG will be the only HA eye drop in the U.S. approved for the treatment of Dry Eye.

    For more information, please visit www.EyeGatePharma.com.

    EyeGate Social Media

    EyeGate uses its website (www.EyeGatePharma.com), Facebook page (https://www.facebook.com/ EyeGatePharma/), corporate Twitter account (https://twitter.com/EyeGatePharma), and LinkedIn page (https://www.linkedin.com/company/135892/) as channels of distribution of information about EyeGate and its product candidates. Such information may be deemed material information, and EyeGate may use these channels to comply with its disclosure obligations under Regulation FD. Therefore, investors should monitor EyeGate's website and its social media accounts in addition to following its press releases, SEC filings, public conference calls, and webcasts. The social media channels that EyeGate intends to use as a means of disclosing the information described above may be updated from time to time as listed on EyeGate's investor relations website.

    Forward-Looking Statements

    Some of the statements in this press release are "forward-looking" and are made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995. These "forward-looking" statements include statements relating to, among other things, the commercialization efforts and other regulatory or marketing approval efforts pertaining to EyeGate's products, including EyeGate's OBG product, as well as the success thereof, with such approvals or success may not be obtained or achieved on a timely basis or at all. These statements involve risks and uncertainties that may cause results to differ materially from the statements set forth in this press release, including, among other things, certain risk factors described under the heading "Risk Factors" contained in EyeGate's Annual Report on Form 10-K filed with the SEC on March 4, 2020 or described in EyeGate's other public filings. EyeGate's results may also be affected by factors of which EyeGate is not currently aware. The forward-looking statements in this press release speak only as of the date of this press release. EyeGate expressly disclaims any obligation or undertaking to release publicly any updates or revisions to such statements to reflect any change in its expectations with regard thereto or any changes in the events, conditions or circumstances on which any such statement is based.

    Contact

    Joseph Green /Laine Yonker
    Edison Advisors for EyeGate Pharmaceuticals
    646-653-7030/7035

    SOURCE: EyeGate Pharmaceuticals, Inc.

    View source version on accesswire.com:
    https://www.accesswire.com/592120/EyeGate-Pharma-to-Present-at-Jefferies-2020-Virtual-Healthcare-Conference

    View Full Article Hide Full Article
  3. WALTHAM, MA / ACCESSWIRE / March 31, 2020 / EyeGate Pharmaceuticals, Inc. (NASDAQ:EYEG) ("EyeGate" or "the Company"), a clinical-stage company focused on developing products for treating disorders of the eye, announced today that it has received positive topline data in its study using the Ocular Bandage Gel ("OBG") eye drops in patients with dry eye. OBG is a proprietary crosslinked version of the natural polymer hyaluronic acid ("HA") that is designed to stay longer on the corneal surface. OBG has recently demonstrated statistical significance in a pivotal study for the acceleration of wound healing in patients that have undergone photorefractive keratectomy surgery. OBG has now demonstrated that it also helps in the treatment of patients…

    WALTHAM, MA / ACCESSWIRE / March 31, 2020 / EyeGate Pharmaceuticals, Inc. (NASDAQ:EYEG) ("EyeGate" or "the Company"), a clinical-stage company focused on developing products for treating disorders of the eye, announced today that it has received positive topline data in its study using the Ocular Bandage Gel ("OBG") eye drops in patients with dry eye. OBG is a proprietary crosslinked version of the natural polymer hyaluronic acid ("HA") that is designed to stay longer on the corneal surface. OBG has recently demonstrated statistical significance in a pivotal study for the acceleration of wound healing in patients that have undergone photorefractive keratectomy surgery. OBG has now demonstrated that it also helps in the treatment of patients with dry eye.

    This uniquely designed study confirmed the ability of EyeGate's OBG eye drops to demonstrate improvement of the ocular surface for several important ophthalmic endpoints. Significantly, OBG eye drops showed an improvement in central corneal region staining, high order ocular aberrations ("HOA") and best corrected visual acuity ("BCVA"), outperforming the positive control, Allergan's Refresh Preservative-Free lubricant. This is consistent with the data from EyeGate's first pilot study where OBG showed positive results in the staining of the central corneal region against a vehicle control.

    This investigator masked study enrolled 20 patients, or 40 eyes, at three sites in the United States. The unique study design used the patient as their own control in order to reduce interpatient variability. Accordingly, both eyes of the patient had to qualify where one eye was randomized to receive OBG eye drops and the other eye was randomized to receive Allergan's Refresh lubricant eye drops.

    The positive results demonstrating corneal surface improvement include:

    Central Corneal Staining

    • OBG demonstrated a 25% improvement from baseline versus 15% for Allergan's Refresh lubricant. In addition, the study demonstrated that OBG works quickly relative to Allergan's Refresh lubricant, showing a 10% improvement at Day 7 compared to no improvement in the control group.

    HOA and BCVA

    • OBG demonstrated an 8.2% improvement in HOA over the two-week period, whereas Allergan's Refresh lubricant showed short-term worsening in aberrations and no benefit over the two week period. The HOA results represent the irregularities on the corneal surface likely to impact quality of vision and best corrected visual acuity. For the BCVA endpoint, OBG demonstrated a trend of improvement over the two-week period, whereas Allergan's Refresh lubricant did not.

    TFBUT

    • OBG demonstrated a positive trend with a modest benefit over the control, increasing tear film stability by approximately 40% from baseline over a two-week period, compared to approximately 33% using Allergan's Refresh lubricant.

    Additionally, this study confirmed for the first time in the clinic that OBG does not cause blurriness. Vision was assessed at 30 and 60 minutes post application for both OBG and Allergan's Refresh lubricant and demonstrated that there was no change in vision for OBG versus a small negative change for Allergan's Refresh lubricant at the 30 minute time point.

    "I am excited with the results, demonstrating that EyeGate's crosslinked HA OBG eye drops improved the ocular surface of dry eye patients in a very uniquely designed study," said Victor Perez M.D., Scientific Director of the Ocular Immunology Center in Ophthalmology at Duke University School of Medicine. "Also, the correlation between the staining of the central corneal region, high order ocular aberrations and best corrected visual acuity clearly demonstrates improved health of the ocular surface."

    "We are very pleased with the results of this study," said Stephen From, EyeGate's CEO. "The fact that we were able to repeat the improvement in staining of the central corneal region in this second study going against Allergan's Refresh lubricant is very exciting. We plan to meet with the FDA in the near future to confirm that this endpoint is suitable to move forward into the pivotal study with the OBG eye drop."

    About EyeGate
    EyeGate is a clinical-stage specialty pharmaceutical company focused on developing and commercializing products for treating diseases and disorders of the eye.

    EyeGate's lead product, Ocular Bandage Gel ("OBG"), is based on a modified form of the natural polymer hyaluronic acid. The product is applied as a clear topical gel, to the damaged ocular surface and possesses unique properties that help hydrate, protect, and heal the ocular surface. EyeGate is in the clinic for two different patient populations: (1) photorefractive keratectomy ("PRK") surgery to demonstrate corneal wound repair after refractive surgery; and (2) punctate epitheliopathies ("PE"), specifically in patients with dry eye.

    The objective of OBG is to re-epithelialize the cornea, reduce the risk of infection, improve symptoms, and improve ocular surface integrity. Often, current treatments fall short because they are ineffective in protecting and enabling corneal re-epithelialization.

    If EyeGate receives FDA approval following successful completion of the PRK pivotal study, EyeGate believes OBG will be the only prescription hyaluronic acid ("HA") eye drop in the U.S. and the only eye drop in the U.S. approved for the healing of corneal epithelial defects. Additionally, if the clinical trials for patients with PE are successful, EyeGate believes OBG will be the only HA eye drop in the U.S. approved for the treatment of Dry Eye.

    For more information, please visit www.EyeGatePharma.com.

    EyeGate Social Media
    EyeGate uses its website (www.EyeGatePharma.com), Facebook page (https://www.facebook.com/ EyeGatePharma/), corporate Twitter account (https://twitter.com/EyeGatePharma), and LinkedIn page (https://www.linkedin.com/company/135892/) as channels of distribution of information about EyeGate and its product candidates. Such information may be deemed material information, and EyeGate may use these channels to comply with its disclosure obligations under Regulation FD. Therefore, investors should monitor EyeGate's website and its social media accounts in addition to following its press releases, SEC filings, public conference calls, and webcasts. The social media channels that EyeGate intends to use as a means of disclosing the information described above may be updated from time to time as listed on EyeGate's investor relations website.

    Forward-Looking Statements
    Some of the statements in this press release are "forward-looking" and are made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995. These "forward-looking" statements include statements relating to, among other things, the commercialization efforts and other regulatory or marketing approval efforts pertaining to EyeGate's products, including EyeGate's OBG product, its EGP-437 Combination Product, as well as the success thereof, with such approvals or success may not be obtained or achieved on a timely basis or at all. These statements involve risks and uncertainties that may cause results to differ materially from the statements set forth in this press release, including, among other things, certain risk factors described under the heading "Risk Factors" contained in EyeGate's Annual Report on Form 10-K filed with the SEC on March 4, 2020 or described in EyeGate's other public filings. EyeGate's results may also be affected by factors of which EyeGate is not currently aware. The forward-looking statements in this press release speak only as of the date of this press release. EyeGate expressly disclaims any obligation or undertaking to release publicly any updates or revisions to such statements to reflect any change in its expectations with regard thereto or any changes in the events, conditions or circumstances on which any such statement is based.

    Contact
    Joseph Green/Laine Yonker
    Edison Advisors for EyeGate Pharmaceuticals
    646-653-7030/7035
    /

    SOURCE: EyeGate Pharmaceuticals, Inc.

    View source version on accesswire.com:
    https://www.accesswire.com/583242/EyeGate-Pharma-Announces-Positive-Topline-Data-in-Follow-on-Dry-Eye-Pilot-Study

    View Full Article Hide Full Article
  4. WALTHAM, MA / ACCESSWIRE / March 4, 2020 / EyeGate Pharmaceuticals, Inc. (NASDAQ:EYEG) ("EyeGate" or "the Company"), a clinical-stage company focused on developing products for treating disorders of the eye, today announced financial results for the year ended December 31, 2019 and provided an update on recent corporate and operational activities.

    Stephen From, Chief Executive Officer of EyeGate, said, "2019 was a positive year for EyeGate. We demonstrated superiority against standard-of-care in our pivotal wound healing study in patients who have undergone photorefractive keratectomy ("PRK") surgery. In addition, we completed enrollment in our follow-on pilot study to treat patients with dry eye. There is a large market opportunity for treating…

    WALTHAM, MA / ACCESSWIRE / March 4, 2020 / EyeGate Pharmaceuticals, Inc. (NASDAQ:EYEG) ("EyeGate" or "the Company"), a clinical-stage company focused on developing products for treating disorders of the eye, today announced financial results for the year ended December 31, 2019 and provided an update on recent corporate and operational activities.

    Stephen From, Chief Executive Officer of EyeGate, said, "2019 was a positive year for EyeGate. We demonstrated superiority against standard-of-care in our pivotal wound healing study in patients who have undergone photorefractive keratectomy ("PRK") surgery. In addition, we completed enrollment in our follow-on pilot study to treat patients with dry eye. There is a large market opportunity for treating patients with moderate dry eye, which was the patient population that we focused on for this study. We anticipate topline data in the first half of 2020."

    2019 and Recent Business Highlights:

    • Received positive topline data in the corneal wound healing pivotal study in patients who have undergone PRK surgery. The results of this pivotal study demonstrated statistically significant improvement in corneal re-epithelialization in patients treated with EyeGate's Ocular Bandage Gel ("OBG") eye drop versus the standard-of-care, a bandage contact lens ("BCL").
    • Completed enrollment in the follow-on pilot study for punctate epitheliopathies ("PE"), with a focus on patients with moderate dry eye, where the OBG eye drop will be used to evaluate several different exploratory endpoints. Data for this study is expected in the first half of 2020, after which EyeGate plans to meet with the FDA to discuss the results and confirm the most ideal endpoint to move forward into the pivotal study.
    • Completed a registered direct offering priced at-the-market under Nasdaq Rules of 500,000 shares of the Company's common stock at a purchase price of $10.00 per share for aggregate gross proceeds of $5.0 million.
    • Completed a private placement for gross proceeds of approximately $1.9 million with an affiliate of Armistice Capital.
    • Received approximately $2.2 million from the exercise of warrants throughout the year.

    2019 Financial Review:

    EyeGate recognized revenue of $2.686 million for the year ended December 31, 2019, compared to $1.653 million for the year ended December 31, 2018. The revenue recognized for the year ended December 31, 2019 was a result of the termination of the license agreements with Bausch Health Companies, Inc. ("BHC") and no further revenue will be recognized related to these agreements. The revenue recognized for the year ended December 31, 2018 was related to milestone payments earned from BHC under the new standard for revenue recognition.

    Research and development expenses were $5.389 million for the year ended December 31, 2019, compared to $8.056 million for the year ended December 31, 2018. The decrease of $2.666 million was due to lower clinical costs and other activity related to EGP-437, OBG pilot study costs from clinical work completed in 2018, and personnel related costs. These decreases were partially offset by costs for OBG‘s pivotal wound healing and follow-on pilot PE clinical studies.

    General and administrative expenses were $4.406 million for the year ended December 31, 2019, compared to $4.441 million for the year ended December 31, 2018. The decrease of $0.036 million was mainly due to a decrease in professional fees, offset by an increase in personnel-related costs and other corporate expenses.

    Other income, net was $0.108 million for the year ended December 31, 2019, compared to $0.119 million for the year ended December 31, 2018 representing interest earned on the Company's cash balances.

    Income tax expense was $0.095 million for the year ended December 31, 2019, compared to $0.086 million for the year ended December 31, 2018. The 2019 tax expense was a result of an increase in the state blended tax rate, which was applied to the deferred tax liability balance. The 2018 tax expense was a result of the 2017 partial release of valuation allowance against our previously recorded deferred tax assets as a result of the impact of legislation commonly known as the Tax Cuts and Jobs Act where future reversals of deductible temporary differences, such as those from our indefinite-lived in-process research and development, can offset taxable temporary differences from future net operating loss carryforwards due to their indefinite carryforward period under the new tax law.

    Cash and cash equivalents were $3.777 million as of December 31, 2019, compared to $8.004 million as of December 31, 2018. The decrease in cash and cash equivalents was primarily due to cash outflows to fund the Company's operations, partially offset by cash received from warrant exercises and the completion of a private placement.

    About EyeGate

    EyeGate is a clinical-stage specialty pharmaceutical company focused on developing and commercializing products for treating diseases and disorders of the eye.

    EyeGate's lead product, Ocular Bandage Gel ("OBG"), is based on a modified form of the natural polymer hyaluronic acid, which is a gel that possesses unique properties providing hydration and healing when applied to the ocular surface. EyeGate is in the clinic for two different patient populations: photorefractive keratectomy ("PRK") surgery to demonstrate corneal wound repair and punctate epitheliopathies ("PE"), which includes dry eye.

    The objective of OBG is to re-epithelialize the cornea, reduce the risk of infection, improve symptoms, and improve ocular surface integrity. Often current treatments fall short as they are ineffective in protecting and enabling corneal re-epithelialization.

    If EyeGate receives FDA approval following its successful completion of the PRK pivotal study, EyeGate believes OBG will be the only prescription hyaluronic acid eye drop in the U.S. and the only eye drop in the U.S. approved for the healing of corneal epithelial defects. Additionally, if the clinical trial for patients with PE is successful, EyeGate believes OBG will be the only eye drop in the U.S. approved for the treatment of PE.

    For more information, please visit www.EyeGatePharma.com.

    EyeGate Social Media

    EyeGate uses its website (www.EyeGatePharma.com), Facebook page (https://www.facebook.com/ EyeGatePharma/), corporate Twitter account (https://twitter.com/EyeGatePharma), and LinkedIn page (https://www.linkedin.com/company/135892/) as channels of distribution of information about EyeGate and its product candidates. Such information may be deemed material information, and EyeGate may use these channels to comply with its disclosure obligations under Regulation FD. Therefore, investors should monitor EyeGate's website and its social media accounts in addition to following its press releases, SEC filings, public conference calls, and webcasts. The social media channels that EyeGate intends to use as a means of disclosing the information described above may be updated from time to time as listed on EyeGate's investor relations website.

    Forward-Looking Statements

    Some of the statements in this press release are "forward-looking" and are made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995. These "forward-looking" statements include statements relating to, among other things, the commercialization efforts and other regulatory or marketing approval efforts pertaining to EyeGate's products, including EyeGate's OBG product, its EGP-437 Combination Product, as well as the success thereof, with such approvals or success may not be obtained or achieved on a timely basis or at all. These statements involve risks and uncertainties that may cause results to differ materially from the statements set forth in this press release, including, among other things, certain risk factors described under the heading "Risk Factors" contained in EyeGate's Annual Report on Form 10-K filed with the SEC on March 1, 2019 or described in EyeGate's other public filings. EyeGate's results may also be affected by factors of which EyeGate is not currently aware. The forward-looking statements in this press release speak only as of the date of this press release. EyeGate expressly disclaims any obligation or undertaking to release publicly any updates or revisions to such statements to reflect any change in its expectations with regard thereto or any changes in the events, conditions or circumstances on which any such statement is based.

    Contact

    Joseph Green / Laine Yonker
    Edison Advisors for EyeGate Pharmaceuticals
    646-653-7030 / 7035
    /

    SOURCE: Edison Group

    View source version on accesswire.com:
    https://www.accesswire.com/578870/EyeGate-Pharma-Reports-Full-Year-2019-Financial-Results-and-Provides-Business-Update

    View Full Article Hide Full Article
  5. WALTHAM, MA / ACCESSWIRE / January 3, 2020 / EyeGate Pharmaceuticals, Inc. (NASDAQ:EYEG) ("EyeGate" or "the Company"), a clinical-stage company focused on developing products for treating disorders of the eye, today announced the completion of its previously announced registered direct offering priced at-the-market under Nasdaq Rules of 500,000 shares of the Company's common stock at a purchase price of $10.00 per share, for aggregate gross proceeds of $5.0 million.

    H.C. Wainwright & Co. acted as the exclusive placement agent for the offering.

    EyeGate intends to use the net proceeds to obtain additional capital to support its operations, including for clinical trials, for working capital and for other general corporate purposes, which will include…

    WALTHAM, MA / ACCESSWIRE / January 3, 2020 / EyeGate Pharmaceuticals, Inc. (NASDAQ:EYEG) ("EyeGate" or "the Company"), a clinical-stage company focused on developing products for treating disorders of the eye, today announced the completion of its previously announced registered direct offering priced at-the-market under Nasdaq Rules of 500,000 shares of the Company's common stock at a purchase price of $10.00 per share, for aggregate gross proceeds of $5.0 million.

    H.C. Wainwright & Co. acted as the exclusive placement agent for the offering.

    EyeGate intends to use the net proceeds to obtain additional capital to support its operations, including for clinical trials, for working capital and for other general corporate purposes, which will include the pursuit of other research and development efforts and could also include the acquisition or in-license of other products, product candidates or technologies, though no such acquisition or in-license is current contemplated. EyeGate has not yet determined the amount of net proceeds to be used specifically for any of the foregoing purposes.

    The shares of common stock described above were offered and sold by EyeGate pursuant to an effective shelf registration statement on Form S-3 (file No. 333-231204), which was filed with the Securities and Exchange Commission (the "SEC") on May 3, 2019 and subsequently declared effective on May 13, 2019 (File No. 333-231204) (the "Registration Statement"), the base prospectus dated as of May 13, 2019 contained therein and a final prospectus supplement that EyeGate filed with the SEC on December 31, 2019 in connection with the sale of the shares of its common stock. Electronic copies of the prospectus supplement and the accompanying base prospectus may be obtained from the SEC's website located at www.sec.gov, and may also be obtained by contacting H.C. Wainwright & Co., LLC at 430 Park Avenue, 3rd Floor, New York, NY 10022, by phone at 646-975-6996 or e-mail at .

    This press release shall not constitute an offer to sell or the solicitation of an offer to buy any of the securities described herein. There shall not be any offer, solicitation of an offer to buy, or sale of securities in any state or jurisdiction in which such an offering, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

    About EyeGate

    EyeGate is a clinical-stage specialty pharmaceutical company focused on developing and commercializing products for treating diseases and disorders of the eye.

    EyeGate's lead product, Ocular Bandage Gel ("OBG"), is based on a modified form of the natural polymer hyaluronic acid, which is a gel that possesses unique properties providing hydration and healing when applied to the ocular surface. EyeGate is in the clinic for two different patient populations: photorefractive keratectomy ("PRK") surgery to demonstrate corneal wound repair and punctate epitheliopathies ("PE"), which includes the treatment of dry eye.

    The objective of OBG is to re-epithelialize the cornea, reduce the risk of infection, improve symptoms, and improve ocular surface integrity. Often current treatments fall short as they are ineffective in protecting and enabling corneal re-epithelialization.

    If EyeGate receives FDA approval following successful completion of the PRK pivotal study, EyeGate believes OBG will be the only prescription hyaluronic acid eye drop in the U.S. and the only eye drop in the U.S. approved for the healing of corneal epithelial defects. Additionally, if the clinical trials for patients with PE are successful, EyeGate believes OBG will be the only eye drop in the U.S. approved for the treatment of PE.

    EGP-437, EyeGate's other product, incorporates a reformulated topically active corticosteroid, Dexamethasone Phosphate, that is delivered into the ocular tissues through EyeGate's proprietary innovative drug delivery system, the EyeGate II Delivery System.

    For more information, please visit www.EyeGatePharma.com.

    EyeGate Social Media

    EyeGate uses its website (www.EyeGatePharma.com), Facebook page (https://www.facebook.com/ EyeGatePharma/), corporate Twitter account (https://twitter.com/EyeGatePharma), and LinkedIn page (https://www.linkedin.com/company/135892/) as channels of distribution of information about EyeGate and its product candidates. Such information may be deemed material information, and EyeGate may use these channels to comply with its disclosure obligations under Regulation FD. Therefore, investors should monitor EyeGate's website and its social media accounts in addition to following its press releases, SEC filings, public conference calls, and webcasts. The social media channels that EyeGate intends to use as a means of disclosing the information described above may be updated from time to time as listed on EyeGate's investor relations website.

    Safe Harbor Statement

    Some of the statements in this press release are "forward-looking" and are made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995. These "forward-looking" statements include statements relating to, among other things, EyeGate's expectations regarding the use of proceeds of the offering described in this press release, the commercialization efforts and other regulatory or marketing approval efforts pertaining to EyeGate's products, including EyeGate's OBG product, as well as the success thereof, which approvals or success may not be obtained or achieved on a timely basis or at all. These statements involve risks and uncertainties that may cause results to differ materially from the statements set forth in this press release, including, among other things, market conditions and certain risk factors described under the heading "Risk Factors" contained in EyeGate's Annual Report on Form 10-K filed with the SEC on March 1, 2019 or described in EyeGate's other public filings. EyeGate's results may also be affected by factors of which EyeGate is not currently aware. The forward-looking statements in this press release speak only as of the date of this press release. EyeGate expressly disclaims any obligation or undertaking to release publicly any updates or revisions to such statements to reflect any change in its expectations with regard thereto or any changes in the events, conditions or circumstances on which any such statement is based, except as required by law.

    Contact
    Joseph Green
    Edison Advisors for EyeGate Pharmaceuticals
    646-653-7030

    SOURCE: EyeGate Pharmaceuticals, Inc.

    View source version on accesswire.com:
    https://www.accesswire.com/571930/EyeGate-Announces-Completion-of-50-Million-Registered-Direct-Offering-Priced-At-The-Market-under-Nasdaq-Rules

    View Full Article Hide Full Article
View All Eyegate Pharmaceuticals Inc. News