Outlook Therapeutics stock craters as the wet AMD drug fails Phase III trial

Outlook Therapeutics stock craters as the wet AMD drug fails Phase III trial

Outlook Therapeutics faces setback as its wet AMD therapy, Lytenava, failed to meet a key endpoint in Phase III trial. Despite this, the company plans to resubmit for US approval in Q1 2025, aiming to address FDA concerns and pursue global partnerships.

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