Can-Fite BioPharma Ltd (TASE:CFBI), a biotechnology company traded on the Tel Aviv Stock Exchange, announced today that it has opened an Investigational New Drug application (IND) with the US-FDA for a Phase 3 study of its lead drug, CF101, in patients with moderate to severe Dry Eye Syndrome.
In an earlier Phase 2 study, in which CF101 taken orally as a monotherapy for 12 weeks, a statistically significant benefit in the clearing of fluorescein staining in the nasal, temporal, pupillary and inferior parts of the cornea was documented. CF101 was found to be safe and well tolerated during this study period. In this study, a decrease in intra-ocular pressure was also observed in patients with dry eye. These findings have prompted the company to initiate a Phase 2 clinical study in patients with Glaucoma which is currently ongoing with CF101.
Dr. Pnina Fishman, Can-Fite's CEO, said, "We are extremely gratified that our scientific and clinical efforts have culminated in this important milestone for the company. As part of this IND, we submitted a registration-quality Phase 3 clinical protocol for the treatment of patients with moderate-to-severe Dry Eye as defined by signs and symptoms. Following review by the FDA, we are now confident that this protocol has the appropriate design features, clinical endpoints, and statistical power to allow it to serve as the first of two Phase 3 trials that will lead to the approval of CF101 for this indication."