5 July 2018

ILB – A game changer in Glaucoma

Viken, May 22nd, 2018

TikoMed, a specialty pharmaceutical company that focuses on developing therapeutics for treating acute and degenerative neurological and ophthalmic diseases, today announces that an abstract supporting the ongoing development of its proprietary technology ILB was presented at the 2018 Annual Meeting of the Association for Research in Vision and Ophthalmology (ARVO) held 29 – May 3 in Honolulu, Hawaii, USA.

The poster showed that ILB treatment in a rat model resulted in an elimination of the scar, leading to a normalized eye pressure, preventing future cell death and protection against future vascular complications.

Given that current Glaucoma treatments do not address the underlying pathology, a treatment that reverses the glaucomatous pathology that leads to progressive vision loss and significantly improves inner eye pressure control would be highly valuable for Glaucoma patients.

Anders Svenson M.D., Chief Medical Officer of TikoMed, commented, “We were excited to present these data at ARVO, one of the preeminent events in the ophthalmic space. We believe the ILB technology has significant potential in glaucoma and related ophthalmic conditions involving scarring in the eye and CNS. The results of these preclinical studies reinforce this belief and support the further evaluation of this technology. Our development program is on-track, and we look forward to initiating a Glaucoma clinical trial of our lead ILB asset, later this year.”

The study will be performed at and in collaboration with University of Birmingham, UK. Mr. Imran Masood, expert in treatment of Glaucoma and retinal diseases will be principal investigator and Prof. Peter Shah, MD, a world renowned key opinion leader will be co-investigator

TikoMed has performed a favorable meeting with MHRA and a clinical Phase 2a study is under preparation to be handed in. The study is expected to start later this year.

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