March 06, 2015 1:19 AM ET

Pharmaceuticals

Company Overview of PanOptica, Inc.

Company Overview

PanOptica, Inc., a biopharmaceutical company, licenses and develops a portfolio of therapeutics for major ophthalmic diseases. The company focuses on ophthalmology drug development. It provides PAN-90806, a novel small-molecule selective vascular endothelial growth factor receptor antagonist that provides treatment for wet age-related macular degeneration and diabetic retinopathy. The company was founded in 2009 and is based in Bernardsville, New Jersey.

150 Morristown Road

Suite 205

Bernardsville, NJ 07924-2626

United States

Founded in 2009

Phone:

908-766-2202

Key Executives for PanOptica, Inc.

Co-Founder, Chief Executive Officer, President and Director
Age: 56
Co-founder, Chief Medical Officer and Executive Vice-President
Executive Director of Finance and Controller
Senior Director of Clinical Development
Executive Director of Clinical Operations
Compensation as of Fiscal Year 2014.

PanOptica, Inc. Key Developments

PanOptica Provides Update on its Phase 1 Clinical Trial for PAN-90806

PanOptica announced that it has dosed the first patient in its Phase 1 clinical trial for PAN-90806 less than one month after the company received FDA clearance for its investigational new drug application. The Phase 1 trial is a two-month, open-label study in approximately 30 patients at 15 to 20 clinical sites around the United States. The trial is designed to assess the safety and tolerability of topical ocular PAN-90806 at three dosage strengths in patients with active, subfoveal choroidal neovascularization associated with neovascular AMD. PanOptica expects data readout by the end of 2014. Anti-VEGF therapy is the standard of care for neovascular AMD, but existing treatments require regular physician-administered injections into the eye. An eye-drop formulation has the potential to lower the risk of injection-related complications and significantly reduce the burden on patients, their families and ophthalmology practices.

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Recent Private Companies Transactions

Type
Date
Target
Private Placement
April 10, 2014
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