There is a high unmet clinical need for novel and cost effective products to enhance visual acuity and prevent vision loss in individuals with diabetes. OccuRx has patented a library of new chemical entities with potent anti-inflammatory and anti-fibrotic properties to treat diabetic retinopathy and other diseases of the retina.
OccuRx has identified and validated a series of lead candidates against novel targets and established preclinical proof of concept to treat and prevent ocular fibrosis. The Company is leveraging these proprietary small molecule drugs to address the unmet clinical need for more targeted ocular therapies to enhance visual acuity and prevent vision loss in inflammatory and degenerative eye disease. OCX063, our most advanced lead product candidate, is a small molecule drug with the potential to prevent the growth of new and abnormal blood vessels and reduce inflammation of the neurons in the retina.
These pathological processes, if not treated, will lead to the eventual formation of scar tissue in the back of the eye that results in severe vision loss in diabetic retinopathy (DR) and wet age-related macular degeneration (wet AMD). OccuRx was established in 2014 with venture funding from the Medical Research Commercialisation Fund, Brandon Capital Partners and Uniseed.